Lottomatica Group and CIRSA have approved a common merger plan, advancing their previously announced merger. The deal combines two major players in the European gaming and lottery sectors. Both companies now proceed toward finalizing the integration process.
Lottomatica Group and Cirsa Enterprises finalize merger terms under a cross-border absorption deal. The Italian and Spanish gaming operators’ boards approve the agreement, positioning Lottomatica as the absorbing entity. The merger aims to combine their European gaming operations, though no further details on integration timelines or financial terms are disclosed.
Lottomatica completes a **€2.8 billion merger with Cirsa**, forming Europe’s largest iGaming operator. The deal includes a **€4 billion payout** to Blackstone, which holds a **24% stake** in Lottomatica. Investors now face pressure as Blackstone prepares to exit post-closing.
Lottomatica reports a **67% increase in pre-tax profits** for the first half of the year, driven by robust online growth in its gaming and gambling operations. The company’s digital platforms contribute significantly to revenue expansion amid rising demand for online entertainment. Financial details highlight strong performance in the B2B sector of the global online gambling industry.
Jul 2026EGR Intel - B2B information for the global online gambling and gaming industryNews article
