The acquisition of SKS365 contributed to a strong performance for Lottomatica’s online division in the first half of the year, with group revenue up 13.6% year-on-year to €931.8m [$1.009b].
Revenue growth over the six months to 30 June 2024 was down to a 37% increase in online revenue to €338.3m [$366.2m], with omnichannel operator SKS365 incorporated into Lottomatica’s results from 1 May.
The €639m acquisition closed in July, adding online brand PlanetWin365, B2B payments business PlanetPlay365 and retail footprint of 1,000 sports betting outlets to Lottomatica’s business.
“We have successfully completed the acquisition of SKS and are progressing with the integration at a fast pace, having secured to date circa 40% of the synergies announced,” chief executive Guglielmo Angelozzi said.
