Consolidated revenue of $1.06 billion, up 8% as reported and 14% at constant currency, with contributions from each segment including over 30% growth in Global Gaming
Operating income of $211 million; operating income margin of 20% at high end of outlook
Adjusted EBITDA of $402 million reflects robust Global Lottery profitability and strong increase from Global Gaming
Received €700 million in gross proceeds from sale of Italian proximity payments business; completed acquisition of iSoftBet, a leading iGaming content provider and third-party aggregator, for approximately €160 million
Net debt leverage improves to 3.1x, the lowest level in Company history
$224 million returned to shareholders via dividends and share repurchases through mid-October, a record level in a fiscal-year period
Targeting upper half of full-year 2022 outlook range
"That $56 million increase in Scratch-off sales was thanks to a continued focus on marketing and sales strategies," said Tom Delacenserie, president and CEO of the Kentucky Lottery. "Coming off a record year in FY18 with this kind of a sales jump in FY19 is a massive accomplishment by any set of metrics," said Delacenserie. "Equally impressive is the dedication and commitment to excellence shown by the entire Kentucky Lottery staff and our retail partners across the Commonwealth. I'm proud of what we've been able to accomplish."
"Scratch-offs continue to be the area where we believe significant growth will occur," said Kentucky Lottery President and CEO Tom Delacenserie. "We'll continue our focus on new product launches including a second $30 Scratch-off, increasing marketing and media support, and maximizing operational and field efficiencies through best practices. We'll also continue our work to expand awareness on the positive effects Lottery proceeds have on education in the Commonwealth, as this is a great story to tell and one in which we take immense pride."