Lottomatica Group S.p.A. (LTMC.MI) – Leading Italian Gaming Operator | Company Profile
Lottomatica Group S.p.A. is a Rome-based leader in the gaming industry, specializing in online betting, sports franchising, and gaming machine operations. With Italy's largest specialized distribution network and a significant presence across Europe, the company offers comprehensive gaming solutions across multiple channels.
1. Company Overview
Lottomatica Group S.p.A. (Ticker: LTMC.MI) was established in 2019 (formerly Gamenet Group S.p.A., renamed in May 2021). Headquartered in Rome, Italy, the company employs approximately 1,964 full-time staff. Through its subsidiaries, Lottomatica operates a diversified gaming business in Italy and ranks among Europe's leading gaming operators.
Official Website: https://lottomaticagroup.com/
2. Core Business Segments
- Online Division
- Offers diverse online gaming services including sports betting, virtual games, horse racing, casino games, and poker through platforms such as GoldBet.it, Better.it, and Lottomatica.it.
- Sports Franchise Division
- Provides sports betting, virtual gaming, and horse racing products under brands like GoldBet and Intralot via a retail network covering 3,800 sales points across Italy.
- Gaming Machine Division
- Manages gaming arcades and operates Video Lottery Terminals (VLTs) and prize machine franchises, with 1,130 gaming halls and an extensive distribution network through bars/tobacco shops.
3. Technological & Business Advantages
- Market Leadership: Italy's first licensed gaming operator with annual revenues of approximately €1.9 billion and total wagers exceeding €35.7 billion, leading across all business segments.
- Omnichannel Strategy: Integrates online and offline resources to deliver secure, compliant gaming experiences across retail, digital, and entertainment machine channels.
- Distribution Network: Boasts Italy's largest specialized gaming distribution network, maintaining long-term partnerships with extensive channel partners.
- Strategic M&A Capability: Rapidly expands market share and diversifies operations through acquisitions of companies like GoldBet and Betflag.
4. Development Timeline
| Year | Key Events |
|---|---|
| 2013 | Gamenet and Lottomatica sign new AWP and VLT licenses valid for nine years. |
| 2014 | Trilantic Capital Partners increases stake to 100%; initiates retail expansion plan. |
| 2016 | Gamenet merges with Intralot Italia to form Gamenet Group; issues €200 million bonds. |
| 2017 | Lists on Italy's STAR Market with an initial market value of €225 million; launches advanced VLT product line. |
| 2018 | Acquires 100% of GoldBet Srl, strengthening leadership in sports betting and online operations. |
| 2019 | Apollo Global Management acquires 67% stake in Gamenet Group. |
| 2021 | Completes acquisition of Lottomatica-related companies and rebrands, solidifying industry leadership. |
| 2023 | Re-IPOs on the Milan Euronext; co-founds AGIC, an industry association for regulated gaming. |
| 2024 | Acquires SKS365 Malta Holdings to expand international presence; launches LESS environmental sustainability strategy. |
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