Benin’s National Lottery (LNB) boosted its net profit by 72% to CFA1.778 billion (US$3 million) in the first nine months of 2026, while online betting sales jumped by 36.3% and a decline GGR amid increased player winnings.
On the official website of the Benin National Lottery, LNB released its Third-quarter 2026 Activity Report, which was dated October 26 and covered the period ending September 30. In the first nine months of 2026, LNB made CFA77.95 billion (US$133 million), a 7.5% rise over the same period in 2025.
However, player winnings rose by 12.2% to CFA64.005 billion (US$109 million), while GGR decreased by 9.7% to CFA13.945 billion (US$24 million). The higher percentage of revenue distributed as prizes is reflected in the return-to-player (RTP) rate, which increased from 78.7% to 82.1%.
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Over the course of the nine months, online betting sales climbed by 36.3%, making up 48.4% of LNB’s overall revenue. Online gambling, however, accounted for 9.6% of the overall GGR. In the meantime, the game’s GGR decreased by CFA1.846 billion due to a 22.3% drop in actual Loto 5/90 sales. The decline was partly compensated by growth in other products, especially the online Loto 5/90.
LNB’s other net operating expenditures decreased from CFA14.047 billion to CFA11.724 billion (US$20 million), a 16.5% decrease. The improvement in operational profit, which rose by 58.5% to CFA2.221 billion (US$3.8 million), was mostly driven by the reduction. Additionally, the lottery operator reported a profit of CFA218 million (US$372,000), a 38.9% decrease from the previous year. The drop was attributed by LNB to the non-renewal of several financial investments that reached maturity in 2025.
In the last quarter of 2026, LNB intends to expand its sales network in high-potential regions, draw in new competitors via digital channels, and keep a close eye on operating costs.
