What smart money is saying about Lottomatica
4 funds in our archive have pitched Lottomatica — most recently Polen Global Smid Company Growth in June 2025.
Lottomatica Group S.p.A., together with its subsidiaries, operates in the gaming market in Italy. The company operates through three segments: Online, Sports Franchise, and Gaming Franchise. The Online segment provides a range of online games, such as sport betting, virtual betting, horse betting, casino games, bingo, poker, betting exchange, and skill games through the GoldBet.it, Better.it, Lottomatica.it, and Betflag.it websites. The Sports Franchise segment offers various retail offerings, including sports betting, virtual betting, and horserace betting under the GoldBet, Intralot, and Better brands. The Gaming Franchise segment engages in the management of gaming halls and concession activities for video lottery terminals and amusement with prize machines. Lottomatica Group S.p.A. was incorporated in 2019 and is based in Rome, Italy. Lottomatica Group S.p.A. is a subsidiary of Gamma Intermediate Sarl.
Fund coverage · 4 theses
- Polen Global Smid Company GrowthJune 2025
Lottomatica is well-positioned to capitalize on the shift from offline to online gambling, driving significant revenue growth and attractive valuation compared to peers.
Read the full thesis - Ariel Global FundJune 2025
Lottomatica Group SpA is a leading Italian gaming operator poised for growth through an omnichannel approach, enhanced technology, and market consolidation in the expanding online gaming sector.
Read the full thesis - Polen Global Smid Company GrowthMarch 2025
Lottomatica is well-positioned to capitalize on the shift from offline to online gambling, driving strong revenue and EBITDA growth at an attractive valuation of 6x FY25 EBITDA.
Read the full thesis - Meditation CapitalMarch 2025
Lottomatica is an investment opportunity due to Italy's low online gambling penetration, which is expected to grow significantly, leading to higher margins and sustainable EBITDA growth.
Read the full thesis
Read every full thesis on Lottomatica
Unlock all 4 theses — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.
View plans→