Lottomatica confirms Q2 2027 closing date for Cirsa deal

Lottomatica's merger agreement with Cirsa will combine the market leaders in Italy and Spain In the first set of quarterly results since Lottomatica’s €2.8bn Cirsa acquisition was announced, the operator’s revenues were up 5% year-on-year to €537m. During the Q3 earnings call, Lottomatica chairman and CEO Guglielmo Angelozzi confirmed that the deal is expected to complete in Q2 2027. The quarter represented another period of consolidated growth for the European operator with the company’s adjusted EBITDA hitting €200m, a rise of 3%.