Lottomatica Group S.p.A. has achieved a significant milestone by joining the STOXX Europe 600 Index, marking a remarkable turnaround since its IPO in 2023.
Key Takeaways:
- Lottomatica’s stock value has more than doubled in the past year
- The company’s inclusion in STOXX Europe 600 reflects its strong financial performance
- Lottomatica plans to focus on sustained expansion and digital growth in 2025
Lottomatica’s ascension to the STOXX Europe 600 Index on June 23 represents a major achievement for the Italian gaming and betting powerhouse. This development comes after a year of exceptional growth, with the company’s stock price soaring over 100% in the past 12 months alone.
From IPO Challenges to Market Success
When Lottomatica first went public on the Euronext Milan in May 2023, it faced initial skepticism from investors. Shares opened below the €9 ($10.25) offering price and experienced an 8% drop on the first day of trading. However, the company’s resilience and strategic focus have since paid off handsomely.
By mid-2025, Lottomatica’s stock reached €22.70 ($25.84), marking a staggering 168% increase from its IPO price. This impressive performance can be attributed to robust revenue growth, improved profitability, and disciplined operational management.
Record-Breaking Financial Results
Lottomatica’s financial results for the fiscal year 2024 played a crucial role in bolstering investor confidence. The company reported annual revenue of €2 billion ($2.28 billion), representing a 22% year-on-year increase. Additionally, it delivered an adjusted EBITDA of €739 million ($841.25 million), surpassing projections and solidifying its leadership position in Italy’s online gaming and sports betting markets.
Future Growth Strategy
CEO Guglielmo Angelozzi outlined Lottomatica’s strategy for 2025, emphasizing sustained expansion across all verticals and accelerating the shift to digital platforms. The company’s omnichannel approach is expected to play a key role in this growth initiative.
To address investor concerns, Lottomatica announced plans for a share buyback program and dividend payment, demonstrating confidence in its long-term prospects.
Implications of STOXX Europe 600 Inclusion
Joining the STOXX Europe 600 Index is more than just a prestigious accolade for Lottomatica. This inclusion can potentially unlock fresh capital inflows, particularly from funds and ETFs that track the index. With its solid fundamentals and clearly defined strategy, Lottomatica appears well-positioned to navigate industry challenges and maintain its status as a rising star in Europe’s gambling sector.
As the company continues to evolve and expand its operations, industry observers will be keen to see how Lottomatica leverages this newfound prominence to further strengthen its market position and deliver value to stakeholders.
