LOTTOMATICA GROUP S.P.A. It is the growth of all online market shares that drives Lottomatica's results in the third quarter of 2023. The total online market share, we read in the press release released by the Lottomatica Group, stands at 21.2% in the third quarter of this year, with a growth of 3.8% compared to the same period in 2022. The Market Share in iSports is set at 20.4% (+3.1%) while for iGaming it stands at 21.7% (+4.5%).
In the first nine months of 2023, Lottomatica Group's revenues amounted to 1.194 billion euros, with an increase of 12% compared to the same period of 2022. Funding amounted to 21.7 billion, +19% compared to same period of 2022. Adjusted EBITDA stood at 426.4 million euros in the first nine months of 2023, with an increase of 15% compared to the same period of 2022.
"In this third quarter we strengthened our leadership position and our online business continued to grow in market share in all product segments and for all brands - the words of Guglielmo Angelozzi, CEO of Lottomatica Group -. In the first nine months we recorded Euro 426 million in EBITDA, up 15% compared to the previous year. We therefore confirm our guidance for 2023 and our strategy of organic growth and through M&A."
In the first nine months of 2023, Lottomatica Group's revenues amounted to 1.194 billion euros, with an increase of 12% compared to the same period of 2022. Funding amounted to 21.7 billion, +19% compared to same period of 2022. Adjusted EBITDA stood at 426.4 million euros in the first nine months of 2023, with an increase of 15% compared to the same period of 2022.
"In this third quarter we strengthened our leadership position and our online business continued to grow in market share in all product segments and for all brands - the words of Guglielmo Angelozzi, CEO of Lottomatica Group -. In the first nine months we recorded Euro 426 million in EBITDA, up 15% compared to the previous year. We therefore confirm our guidance for 2023 and our strategy of organic growth and through M&A."
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Lottomatica Group S.p.A. published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 17:10:34 UTC.
