Revenue for Lottomatica’s first quarter hit €422.2m ($459.6m), a rise of 19.8% in a record-breaking period.
Other income of €2.5m brought the total revenue for the year to €424.8m, up by 19.4% compared to Q1 2022.
Gugliemo Angelozzi, CEO of Lottomatica, said the business’ record performance during the quarter signified a strong start to the year.
“We started the year with a record performance, continued in April, laying the foundations for a solid performance in 2023,” said Angelozzi. “Revenues increased in all operating sectors, contributing to the growth of adjusted EBITDA, with the online operating segment breaking previous records in terms of market share and performance indicators across all our brands.