Benin lottery poised for strong finish to 2025 after impressive prior performance
LNB builds on record profits and booming online gambling revenues, positioning itself for a strong year-end performance in 2025.
Benin.- With the last quarter of the year approaching, Loterie Nationale du Bénin (LNB) is entering the final stretch of 2025 with confidence, building on a stellar prior year that saw net profit surge 83 per cent, from CFA3.91bn (€5.9m) in 2023 to CFA7.16bn (€10.8m) in 2024. Online gambling and core lottery operations remain a key driver of success, with non-operating income playing only a minor role in the overall profit growth.
The company’s digital transformation has expanded its reach and enhanced customer engagement, positioning LNB to capitalise on the growing popularity of online gambling across West Africa.
A June 2025 report by Orishas Finance, a West African financial news and market analysis platform, states: “The company’s online gambling revenue jumped from CFA30.1bn (€45.5m) in 2023 to CFA57.1bn (€86.4m) in 2024, representing 55.7 per cent of total turnover and highlighting strong momentum heading into year-end 2025.”
Strong performance reflected in the market
The company’s operational strength and market performance go hand in hand. LNB’s success is mirrored in the stock market, highlighting investor confidence. According to AFX Kwayisi, an African financial data and stock market information provider, LNB’s stock (LNBB) remained stable at CFA4,300 (€6.5) on September 25, 2025.
The report added: “With a market capitalisation of approximately CFA86bn (€130m), LNB continues to rank among the most valuable stocks on the BRVM exchange (the regional stock exchange for eight West African countries).”
Although margins were slightly tighter in 2024, the overall profit surged, fuelled by digital transformation and booming online gambling revenues, underscoring that LNB is well positioned for sustained growth.
In August, LNB organised a jackpot event offering over CFA26m (€39,000) in prizes, demonstrating its ongoing commitment to community engagement and reinforcing its leadership in the gambling sector.
With innovation, robust financial results and steady market confidence, LNB is poised to finish 2025 strongly, building on past achievements and continuing its upward trajectory in West Africa’s regulated gambling industry.
