Lottomatica Group presented its first quarter 2026 financial results on May 6, 2026, showcasing robust growth momentum that sent shares surging 6.48% to €26.14.

The Italian gaming operator delivered normalized adjusted EBITDA growth of 22% year-over-year despite challenging sports betting payout dynamics, demonstrating the strength of its omnichannel business model and successful recovery from platform migration headwinds.

The company’s presentation highlighted continued market share gains, improved capital structure through strategic refinancing, and a commitment to return up to €1 billion to shareholders over the next two years, reinforcing its position as one of Europe’s top-performing gaming operators.

The company reported normalized revenues of €623 million for Q1 2026, representing a 10% year-over-year increase from €569 million in the prior-year period. On a reported basis, revenues grew 3% to €602 million. More impressively, normalized adjusted EBITDA reached €253 million, up 22% year-over-year from €207 million, while reported EBITDA grew 7% to €236 million.

This performance was achieved against a backdrop of strong Italian market momentum, with overall online market bets growing 15% year-over-year to €28.7 billion and total sports market bets expanding 15% to €7.5 billion. The company’s total bets increased 11% to €12.4 billion, while gross gaming revenue rose 2% to €1.2 billion.

CEO Marco Sala stated during the earnings call, “Our strong Q1 results reflect the successful execution of our strategic initiatives and the resilience of our business model. We are confident in our ability to deliver sustainable growth and create value for our shareholders.”