Worldwide Sport Expertise (IGT) has introduced that the Judging Fee has accomplished its thorough analysis of the technical and financial proposals submitted by LottoItalia, the consortium it leads, for the Italian Nationwide Lottery license. The consortium, which incorporates Allwyn, Arianna 2001, and Novomatic Italia, is anticipated to be formally awarded the license by Italy’s Customs and Monopoly Company (ADM) throughout the subsequent 35 days. This license is anticipated to span 9 years, extending by way of November 2034.
The LottoItalia consortium has offered a considerable monetary dedication, reportedly elevating €2.23 billion ($2.51 billion) in upfront charges as a part of their bid to safe the license. In its latest Q1 2025 monetary outcomes, IGT revealed that it had earmarked €500 million particularly for this licensure ought to their consortium’s bid succeed. This marks a major funding into the Italian market, the place IGT additionally just lately obtained its sixth consecutive accountable gaming certification, underscoring its dedication to regulatory requirements.
Strong Funding and Operational Technique
IGT’s CEO, Vince Sadusky, highlighted the significance of this funding, stating: “The €2.23 billion investments in upfront charges mirror the numerous worth of the brand new license and IGT is assured that the funding will improve our income and revenue potential.” Sadusky additional emphasised that the corporate plans to drive progress by way of revolutionary launches coinciding with the beginning of the brand new license interval. He additionally famous ambitions to increase iLottery gross sales considerably, leveraging momentum to enter extra areas equivalent to Italian B2C iCasino choices, sports activities betting, and broader digital gaming sectors.
The consortium’s monetary dedication includes a license charge of €2.23 billion, payable in three installments between the award date and April 2026. IGT expects to pay the primary two installments of €500 million and €300 million throughout 2025, with the remaining stability scheduled for 2026. The license phrases embody a concession charge of 6% on complete wagers and a further 8% gross charge collected digitally as a distributor charge.
Operational management will stay with IGT, whereas consortium accomplice Allwyn Leisure continues to contribute a proportional share of license charges and capital investments.
Persevering with a Legacy of Innovation and Collaboration
Marco Sala, IGT’s Govt Chair of the Board, expressed satisfaction within the consortium’s achievements and the continuation of a long-standing relationship with the ADM: “The Italian Lotto concession is without doubt one of the world’s most vital lottery contracts. IGT and its predecessor corporations have efficiently managed the license for 30+ years by way of fixed innovation and the introduction of cutting-edge expertise. The award may be very gratifying, and we’re honored and excited to proceed working with the ADM for 9 extra years.”
Allwyn CEO Robert Chvatal additionally shared his enthusiasm concerning the partnership, stating: “We’re thrilled to proceed our robust partnership with IGT in Italy for one more 9 years. We’re happy that Allwyn’s optimistic contribution to the consortium, together with our confirmed monitor document of modernising and rising lotteries throughout Europe, will proceed to assist IGT’s exemplary stewardship of an vital Italian nationwide asset. We stay up for working collectively to develop the Italian Lotto, whereas creating revolutionary options to assist accountable play.”
Aggressive Context and Further Business Developments
Among the many opponents for this prestigious license was Flutter Leisure, which submitted a rival proposal by way of its Sisal subsidiary. Nevertheless, it seems that Flutter’s bid has not been profitable on this spherical.
In different latest developments, IGT expanded its international footprint by securing a land-based gaming vendor license within the UAE following certification by the Common Fee for Playing Regulation Authority (GCGRA) in early Might.
In the meantime, Allwyn faces regulatory scrutiny from the UK Playing Fee associated to its contractual obligations regarding the UK Lottery license, with potential monetary penalties into account.
Upcoming Investor Communication
IGT has scheduled a convention name and webcast for Might 20, 2025, at 8:00 am ET to debate the lottery license award and different firm updates. events are inspired to register prematurely by way of IGT’s Investor Relations web site.
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IGT Led Consortium Will Be Proposed to Be Awarded the Italy Lotto License Via November 2034, IGT Investor Relations, Might 19, 2025
