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by Legal Desire
6 October 2025

Clifford Chance advises Allwyn on the award of the Lotto Game for EUR 2.23 billion to Lottoitalia, a joint venture with IGT/Brightstar Lottery

Advising firms

Deal team

9 lawyers named
LawyerFirmSeniorityPracticeOffice
Umberto Penco Salvi Lead Clifford Chance Partner Not stated Milan
Michele Bernardi Clifford Chance Senior associate Not stated Not stated
Dario Carnazza Clifford Chance Associate corporate M&A Not stated
Antonella Scarciello Clifford Chance Senior associate Administrative law Not stated
Alice Ventrella Clifford Chance Trainee Administrative law Not stated
Luciano Di Via Clifford Chance Partner Foreign investment control Not stated
Eleonora Zappalorto Clifford Chance Associate Foreign investment control Not stated
Carlo Galli Clifford Chance Partner tax Not stated
Sara Mancinelli Clifford Chance Counsel tax Not stated

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Stated terms

Stated value
EUR 2.23bn (EUR 2.23 billion)
What the figure measures
Total transaction value
Client
AllwynOther
Counterparties
Lottoitalia S.r.l. (Other)
Italian Customs and Monopolies Agency (ADM) (Other)