International Game Technology (IGT) has announced that the Judging Commission has completed its analysis of the technical and economic offers for the Italy Lotto License.
The commission will propose LottoItalia—a consortium led by IGT and comprising Allwyn, Arianna 2001, and Novomatic Italia—to the Agenzia delle Dogane e dei Monopoli (ADM), which is expected to issue the award notice within the next 35 days.
“The Italian Lotto concession is one of the world’s most important lottery contracts. IGT and its predecessor companies have successfully managed the license for 30+ years through constant innovation and the introduction of cutting-edge technology,” said Marco Sala, IGT Executive Chair of the Board. “The award is very gratifying, and we are honored and excited to continue working with the ADM for nine more years.”
“The €2,230 million investments in upfront fees reflect the significant value of the new license and IGT is confident that the investment will enhance our revenue and profit potential,” said Vince Sadusky, IGT CEO. “The exciting innovation pipeline with fresh launches planned for commencement of the new license will drive Lotto wager growth. In addition, we plan to significantly grow our iLottery sales and leverage that momentum to expand into the Italian B2C iCasino, sports betting, and other digital gaming business.”
The consortium’s bid was comprised of a €2,230 million upfront license fee payable in three installments between the time of award and April 2026. IGT currently expects the first two installments of €500 million and €300 million to be made in 2025, with the balance made in 2026.
The 9-year license term secures the business until November 2034. The concession rate collected from total wagers is 6 percent, and an additional 8 percent gross fee is collected through the digital channel as a distributor fee. IGT maintains operational control of the business. Allwyn Entertainment is committed to the consortium and contributes a pro-rata share of license fees and capital expenditure.
Italy Lotto Tender Update Conference Call
Tuesday, May 20 at 8:00 am ET
- Conference call registration: Participants are encouraged to pre-register for the conference call by clicking this link. Upon registering, participants will receive a dial-in number and unique PIN.
- Webcast registration: A live, listen-only webcast is available under “Events Calendar” on IGT’s Investor Relations website. A replay will also be available on the website following the call.
