UPDATE 2-Lottomatica to issue bond, results meet fcasts

* Board approves bond issue for up to 750 mln euros

* Bond to be 5-7 yrs, sees 6 pct "all-in cost" -CFO

* Nine-months EBITDA 596 mln euros, meets forecasts

* Shares close up 0.27 percent

(Adds bonds, guidance details, shares)

MILAN, Nov 11 (Reuters) - The board of Italy's Lottomatica SpA's (LTO.MI), one of the world's largest gaming operators, approved a bond issue for up to 750 million euros ($1.12 billion) as it posted nine-month results which met forecasts on Wednesday.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 4 percent to 596 million euros, in line with expectations for 595 million euros, and sales of 1.592 billion euros, up 13.6 percent, the company said. [ID:nLA700214]

"After the recent announcement of a capital increase to finance growth linked to new opportunities offered by the Italian market, we will strengthen also our financial structure with the 750 million euros bond," its CFO Stefano Bortoli said.

Last month, Lottomatica raised 350 million euros via an exchangeable bond to fund a new concession for scratch cards from June 2010 and to invest in video lottery terminals.