More M&A on the horizon for Lottomatica as SKS365 drives online growth in H1
Summary
Italian operator Lottomatica reported strong first-half 2025 results, with revenue up 13% year-on-year to €1.12bn. The business saw online revenue surge and adjusted EBITDA and net profit rise materially, driven largely by the integration of the SKS365 acquisition (now referred to as PWO/Planetwin). Management signalled continued pursuit of M&A to sustain growth while also running a share buyback programme.
Key financials for H1 2025 include online revenue of €463m (up 37%), group adjusted EBITDA of €422m (up 33%), and net profit attributable to Lottomatica of €64.8m (up 215%). The company confirmed full-year guidance: revenue €2.32–2.37bn and adjusted EBITDA €840–870.6m. Apollo has fully exited the business as of 19 June 2025.
Source
Source: https://igamingbusiness.com/finance/half-year-results/lottomatica-ma-h1-growth/
Key Points
- • Group revenue for H1 2025: €1.12bn, a 13% increase year-on-year.
- • Online revenue led growth at €463m, up 37% versus H1 2024.
- • SKS365 acquisition (rebranded PWO/Planetwin) materially boosted online and sports betting results; integration onto Lottomatica tech is nearly complete.
- • Adjusted EBITDA rose 33% to €422m; online EBITDA €251m (up 41%), sports betting EBITDA up 60% to €81m.
- • Net profit attributable to Lottomatica jumped 215% to €64.8m for the half.
- • Management has launched a share buyback and reiterated M&A remains a central growth strategy.
- • Full-year guidance unchanged: revenue €2.32–2.37bn; adjusted EBITDA €840–870.6m.
- • Private equity owner Apollo fully exited Lottomatica on 19 June 2025; shares have risen strongly over the past 12 months despite a small daily dip.
Why should I read this?
If you follow European gambling groups, this is the quick version you actually need. Lottomatica’s numbers show M&A is paying off — SKS365 has turbocharged online and sports betting, profits have jumped, and management is mixing buybacks with more deals. In short: they’ve got momentum and are clearly hungry for more growth. Worth a skim if you track consolidation or market leaders in Italy and wider Europe.