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Lottomatica to merge with CIRSA for €2.8B

PRIVATESep 02, 20263 days ago

Acquiring Company

Lottomatica Group

Acquired Company

CIRSA

RomeMadridGamingSportsGamblingGaming

Description

Lottomatica Group has agreed to merge with Spanish gaming company CIRSA in an all-share transaction worth €2.8 billion. This merger aims to combine leading market positions in Italy and Spain, enhancing their capabilities in gaming and sports betting. The transaction is expected to yield significant synergies and broaden geographical reach. Approval from shareholders and regulatory bodies is still required.

Company Information

Company

Lottomatica Group

Location

Rome, Lazio, Italy

About

Lottomatica Group is a leading gaming and lottery operator in Italy. The company has a strong presence in both traditional and digital gaming sectors. It is known for its innovative approach to gaming and sports betting. Lottomatica aims to expand its market share through strategic mergers and acquisitions.

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Predictive Intelligence
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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired CIRSA?

CIRSA was acquired by Lottomatica Group, based in Rome. The deal was reported on September 2, 2026. Lottomatica Group is a leading gaming and lottery operator in Italy. The company has a strong presence in both traditional and digital gaming sectors. Lottomatica Group is privately held and operates in Gaming.

When did Lottomatica Group acquire CIRSA?

Lottomatica Group's acquisition of CIRSA was reported on September 2, 2026. Lottomatica Group has agreed to merge with Spanish gaming company CIRSA in an all-share transaction worth €2.8 billion. This merger aims to combine leading market positions in Italy and Spain, enhancing their capabilities in gaming and sports betting. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CIRSA do?

CIRSA is a Spanish gaming group recognized for its diverse operations in land-based casinos and online gaming. The company has established a significant presence in various Latin American markets. It is privately held, operating in Gaming, and is based in Madrid.

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