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Luckia increases its profitability by 33% in 2023

Focus Gaming
Focus Gaming
·Mars

The online gaming and sports betting business make up 58 percent of the company's operations.

Spain.- In 2023, Luckia recorded a 33 percent increase in profitability, achieving an EBITDA of more than EUR58m, a 14 percent increase compared to the previous year. This growth occurs amidst an international expansion into new markets such as Mexico and Cameroon. Since 2019, its EBITDA grew by 32.6 percent.

The group's net profit reached EUR10.2m, excluding extraordinary income, 33 percent more than the previous year. In 2022, an asset sale contributed to a profit of EUR12.2m, which does not reflect operational profitability.

See also: Luckia becomes the official partner of LALIGA for the next three seasons

The operating result also increased by 9.5 percent to EUR31.8m. President José González highlights the recovery and improvement of profitability after the impact of the pandemic and the development of the digital platform.

Although gross revenues decreased by 2.9 percent to EUR569.5m, net revenues grew by 7.9 percent, reaching EUR294m.

The online gaming and sports betting business constitute 58 percent of Luckia's operations. The company has achieved records in sports betting in Spain and casino revenues, especially in Latin America, with more than EUR50m in Peru, Colombia, and Chile.

AIEBITDAAIapuestas deportivasAIexpansión internacionalAIjuegos en líneaAIrentabilidad

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