Tag Archives: Goldbet

Lottomatica Q1 results dragged by costly Franchise payouts

SBC News Lottomatica Q1 results dragged by costly Franchise payouts

Gruppo Lottomatica had praised the standout performance of its Italian online gambling subsidiaries, ahead of its corporate expansion integrating the assets of SKS365. Publishing its Q1 trading results, the Borsa Milan gambling group generated a record betting volume of €8.7 billion, primarily attributed to a 36% increase in online wagers to €5 billion. Q1 Gross Gaming Revenues (GGR), calculated by …

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Lottomatica lauds 30% online revenue jump in Borsa return

SBC News Lottomatica lauds 30% online revenue jump in Borsa return

Lottomatica Group  asserts it is set to achieve all primary goals set for its re-listing on the Borsa Milan by May 2023. Publishing its year-to-date trading results for the initial nine months of 2023, Lottomatica reported gross gambling revenue (GGR) of €2.8bn, showing a 7% pro-forma growth across all fundamental business segments. The rise in the headline GGR mirrors a …

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Lottomatica first to roll out Stats Perform’s new tennis streaming features

SBC News Lottomatica first to roll out Stats Perform’s new tennis streaming features

Italian sportsbook, Lottomatica, will be the first to access Stats Perform’s new live streaming features for tennis. Through its brands Goldbet and Better, the company also becomes the first operator in the country to offer Stats Perform’s new Smart Stats Overlays feature for live video of football matches, alongside the Instant Highlights functionality. Andrew Ashenden, Stats Perform’s Chief Betting Officer, …

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Lottomatica YTD revenue doubled ahead of BetFlag takeover

lottomatica growth

Providing a solid bedrock for the Q4 acquisition of BetFlag, Lottomatica recorded year-to-date revenue of over €1bn as of September 2022. As reported in the multinational betting and gaming group’s consolidated interim trading report, this marks a 100% increase on September 2021’s YTD revenue of €462.5m.  On the other hand, EBITDA stood at €129.1m, a 12.7% increase on 2021’s €71.5m, …

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Lottomatica nets 6x EBITDA jump as new Italian powerhouse 

SBC News Lottomatica nets 6x EBITDA jump as new Italian powerhouse 

An enlarged Lottomatica Group, formed by the merger of Lottomatica Scommese and GoldBet Italia, has declared a stellar H1 trading period.  Having emerged as Italy’s largest betting group, Lottomatica reported a quadrupling of group revenues from 2021 results of €178m to €800m recorded during H1 2022. The 4X growth in headline revenues was attributed to the group’s enlarged retail portfolio …

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GoldBet eyes up further growth as Nuvei contract renewed

SBC News GoldBet eyes up further growth as Nuvei contract renewed

Italy-facing betting operator GoldBet has moved to expand its payment capabilities in pursuit of further revenue growth, extending its contract with Nuvei. The renewed contract with the payment solutions provider will see GoldBet implement new transaction methods into its cashier – such as Apple Pay – as a new withdrawal and deposit option, making it one of the first Italian …

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English speakers identified as most at-risk problem gambling group by Gambless

SBC News English speakers identified as most at-risk problem gambling group by Gambless

Gambless has recorded 3,500 self-assessment tests completed via its mobile app, revealing strong differences in problem gambling across international borders, with English speakers encountering issues much more than other linguistic groups. Publishing its first annual report, the Mindspa-funded and ORCHHA-certified international gambling harm prevention app found that English speakers, mainly from the US, UK, and Australia, recorded a 57% higher …

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Highlight Games inks new partnership with Microgame S.p.A

SBC News Highlight Games inks new partnership with Microgame S.p.A

London-based video virtual sports specialist Highlight Games has agreed to supply its virtual sports products to Microgame S.p.A after securing a new partnership with the Italian platform provider.  The agreement will see Highlight Games offer its Soccerbet product featuring Italian and English games in league and single match formats, as well as the NBA Last 60 across Microgame’s retail, online …

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AgiproNews’ Italian View: October highs meet an autumn of disillusion

SBC News AgiproNews’ Italian View: October highs meet an autumn of disillusion

Italian betting and gaming continues to grow, but all incumbents face tough adjustments as the Lega-5Star coalition government maintains its hostile stance against the industry. October Data published by Agenzia delle Dogane e dei Monopoli (ADM) details a further record-breaking month for Italian online gambling. As the sector heads towards its upcoming Lega-5Star blanket ban on all forms of gambling/betting …

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