Lottomatica Continues to Profit in Italy

5 January 2009

Marco Sala, chief executive of Lottomatica S.p.A., said that he hasn’t seen a change in the Italian lottery in the current economy, which he discussed in an interview published on Saturday in The Financial Times.

“People are not playing more because of recession,” Mr. Sala told the paper. “They are maintaining their habits and behavior without major changes. Those (lines) that are doing well are still doing well. Those that are stagnating are still stagnating or declining.”

According to the article, Lottomatica’s growth product has been scratch-and-win cards. Purchased by one in four Italians, the tickets are expected to make 9 billion euros in 2009 for the company.