International Game Technology (IGT) is expressing confidence in securing the highly prestigious Lotto Italia concession for another term. This development comes as Italy’s Customs and Monopolies Agency (ADM) has completed its analysis of the technical and economic bids submitted for the tender and today opened the economic proposals.

IGT has outlined its belief that it will retain its position as the lead technology and systems supplier for the Lotto Italia concession, which is currently under review by Italy’s ADM. This message was a headline statement issued by Executive Chairman Marco Sala ahead of IGT’s Investor Summit on May 20. IGT leads a four-party consortium, also including Allwyn, Arianna 2001, and Novomatic, which is aiming to extend the Lotto Italia concession contract through to 2034. The multi-billion-euro tender is also being contested by SISAL SpA, the Italian subsidiary of Flutter Entertainment and the current operator of the SuperEnalotto lottery.

Confidence in Retaining Lotto Italia Concession

Detailing the status of the ADM review process, IGT announced this morning, May 19, 2025, that the Judging Commission for the Lotto Italia licence has completed its analysis of both the technical and economic bids submitted. The economic proposals were formally opened today. IGT is confident that the Judging Commission favours its consortium’s proposal and expects ADM to confirm the award within the next 35 days from May 19.

Bid Details and Financial Commitment

The IGT-led consortium has made a significant financial commitment to secure the concession, pledging a total of €2.23 billion in upfront licence fees. These fees are scheduled to be paid in three instalments: €500 million and €300 million in 2025, with the remaining €1.43 billion due in 2026. IGT, which has a long history of managing the Italian Lotto for more than three decades and has served as its lead technology provider since its formation in 1993, will retain operational control under the terms of the new concession. The licence terms include a 6% concession fee on total wagers and an additional 8% distributor fee for digital sales. Under IGT’s stewardship, the Italian Lotto has seen significant growth, with annual collections rising from €2.5 billion to €7.6 billion by 2022.

Plans for Innovation and Growth

Under the potential new concession, IGT has outlined plans for innovation and growth. CEO Vince Sadusky stated, as reported by iGaming Times, that an “exciting innovation pipeline” with fresh launches scheduled for the start of the new licence will drive Lotto wager growth. Sadusky also outlined plans, as reported by iGaming Times, to “significantly grow our iLottery sales and leverage that momentum to expand into the Italian B2C iCasino, sports betting, and other digital gaming segments.” Executive Chairman Marco Sala also commented on the potential award, as reported by iGaming Times, stating that the Italian Lotto concession is one of the world’s most important lottery contracts. He added, as reported by iGaming Times, that the potential award is “very gratifying,” and they are “honoured and excited” to continue working with the ADM for a further nine years.

Financial Context and Future Outlook

The focus on the Lotto Italia bid comes amidst a period of corporate restructuring for IGT. The company recently reported a significant decline in profitability, with income from continuing operations falling sharply to just $8 million compared to $116 million in the same period last year. The potential renewal of the Lotto Italia contract is described as a matter of strategic priority for IGT, reinforcing its repositioning as a standalone technology provider for global lotteries following the divestment of its gaming division to Apollo Global in 2024. Despite recent profitability challenges, IGT is optimistic about future growth initiatives, with CEO Vince Sadusky expressing excitement (in comments related to Q1 results, as reported by iGaming Times in previous coverage) about initiatives to drive sustainable long-term growth and shareholder value.

In conclusion, IGT and its consortium are expressing confidence in securing the Lotto Italia concession for another nine years. The bid is backed by a substantial financial commitment and ambitious plans for innovation and digital expansion. This potential contract renewal is a strategic priority for IGT’s future as a lottery-focused company, positioning it for continued operational control of one of the world’s most important lottery contracts despite recent profitability challenges and the ongoing restructuring.