Lottomatica Group SpA
MIL:LTMC
Lottomatica Group SpA
Operating Expenses
Lottomatica Group SpA
Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
L
|
Lottomatica Group SpA
MIL:LTMC
|
Operating Expenses
-€332.5m
|
CAGR 3-Years
-37%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Lottomatica Group SpA
Glance View
Lottomatica Group SpA is a prominent player in the gaming and lottery industry, known for weaving together the old-world charm of traditional lottery games with cutting-edge technology. Headquartered in Italy, the company has carved out a robust presence in the gaming sector through its comprehensive portfolio, which spans from lotteries and digital gaming to sports betting. At its core, Lottomatica harnesses the excitement of chance, driving engagement through both retail and online channels. This dual approach allows them to cater to diverse customer preferences—some players enjoy the tangible experience of purchasing lottery tickets from retail outlets, while others prefer the convenience and immediacy offered by digital platforms. By integrating compelling gaming content with state-of-the-art technology, Lottomatica ensures a seamless user experience, enhancing customer retention and expanding its user base. In terms of revenue generation, Lottomatica operates a multifaceted business model, capitalizing on consumer demand for both luck-driven and skill-based gaming. The company earns the bulk of its revenue by orchestrating lottery draws, where they deduct a margin from total ticket sales, with the remainder allocated as prize money. Additionally, their involvement in sports betting and online casino games provides a steady influx of cash through a combination of stakes and the house edge. With digital gaming increasingly becoming part of mainstream entertainment, Lottomatica also leverages mobile and online platforms to capture new audiences and foster a more interactive customer engagement. These diversified income streams, underpinned by regulatory licenses and technological innovation, form the backbone of Lottomatica’s financial success and strategic growth within the competitive gaming industry.
See Also
What is Lottomatica Group SpA's Operating Expenses?
Operating Expenses
-332.5m
EUR
Based on the financial report for Dec 31, 2023, Lottomatica Group SpA's Operating Expenses amounts to -332.5m EUR.
What is Lottomatica Group SpA's Operating Expenses growth rate?
Operating Expenses CAGR 3Y
-37%
Over the last year, the Operating Expenses growth was -29%. The average annual Operating Expenses growth rates for Lottomatica Group SpA have been -37% over the past three years .