Malta’s National Lottery has yielded €1bn (£850m) in turnover for the company behind it, for the first time in its history.
IZI Group reported total turnover of €1.172bn for the 12 months ending June 2026. This marked a 27.4% increase on the year prior, driven by a 18.3% increase in gross gaming revenue (GGR) to €110.9m.
The National Lottery is IZI Finance’s primary and largest asset. It is not its only one, however, with the company also operating the Dragonara casino and a range of interactive gaming products.
Regardless, the National Lottery proved to be the most important IZI Finance asset this year.
The group stated that its improved performance was “driven principally” by the National Lottery, which was complemented by the casino and interactive gamings.
The significant growth in turnover and revenue translated to profitability for IZI Group, with EBITDA up 29.1% to €37.3m, operating profit up 63.8% to €19.4m and profit before tax up 102% to €14.4m.
The improvements in EBITDA and profitability were achieved despite a “major investment programme” across IZI Group’s Malta operations, according to company leadership.
“FY2026 marks another important milestone in the growth path of IZIGROUP,” said Johann Schembri, founder and CEO of IZI Group.
“For the first time, we have surpassed €1bn in both turnover and player winnings, while delivering significant growth in GGR, EBITDA, profitability and operating cash generation.
“These results exceed all our targets and reflect the continued strength of our core businesses, the investments we have made in our people, technology, products and distribution capabilities, and the disciplined execution of our strategy.
“Importantly, this growth has been achieved while maintaining our commitment to responsible gaming, integrity and the highest standards of governance.”
Schembri added that the firm’s priorities moving forward are strengthening local operations, further product development and innovation, enhancing its digital offering, achieving greater efficiency, and expanding its distribution network.
“At the same time, we will be progressively pursuing targeted international opportunities with high barriers to entry where we believe our experience, technology and operating model can create sustainable long-term value,” he said.