Robert Fletcher

Exmouth

Writer at Freelance

Editor at Large Format Review

Featured in: Favicon

igamingbusiness.com Favicon

cdcgamingreports.com Favicon

igbaffiliate.com Favicon

soloazar.com Favicon

ffnews.com Favicon

ukmediaobserver.com Favicon

statsperform.com Favicon

ourcommunitynow.com Favicon

retail-focus.co.uk Favicon

businesspostexaminer.com + 6 more

Articles

North Carolina sports betting market shrinks year-on-year in April

2 days ago | igamingbusiness.com | Robert Fletcher

Sports betting revenue and handle in North Carolina both declined year-on-year during April, though the Tar Heel State was able to post month-on-month revenue growth despite lower spending. Consumers wagered a total of $576.2 million on sports during April. Paid wagering revenue for the month amounted to $560.7 million, with promotional bets at $15.5 million. The total fell 11.2% short of April 2024, the first full month of legal sports wagering in North Carolina.
Australia’s Northern Territory doubles annual tax cap for bookmakers

2 days ago | igamingbusiness.com | Robert Fletcher

The Northern Territory government in Australia has announced that the annual tax cap for corporate bookmakers and betting exchanges will double, with the increase expected to generate AU$13.1 million (US$8.4 million) in additional tax income each year. Announced as part of the 2025-26 budget, the increase will take effect on 1 July this year. The Northern Territory government will amend the Racing and Wagering Act 2024 to reflect the new cap.
Super Group to capitalise on ‘super profitable’ Africa

2 days ago | igamingbusiness.com | Robert Fletcher

Super Group is eyeing further expansion in "super profitable" Africa. CEO Neal Menashe pointed to future launches in Ethiopia, Ivory Coast and Angola in its Q1 earnings call. Super Group CEO Neal Menashe has revealed the operator plans to expand into more countries in Africa to build on its already-strong market position on the continent, and to capitalise on what he described as a “super profitable” region.
New York mobile sports betting handle rises to $2.15 billion in April

3 days ago | igamingbusiness.com | Robert Fletcher

Players in New York spent $2.15 billion betting on sports online during April, a year-on-year rise of 9.1%, while revenue in the Empire State also increased. Spend surpassed the $1.97 billion wagered on sports in April of 2024, figures from the New York State Gaming Commission showed. However, the monthly total fell 12.2% short of the $2.45 billion bet in March this year. As for revenue, this reached $192.7 million during April.
Weekend Report: AGCO penalises Great Canadian Entertainment, Betca receives Dutch warning, Paf partners F1 legend

3 days ago | igamingbusiness.com | Robert Fletcher

AGCO has penalised Great Canadian Entertainment after several minors were allowed to gamble at land-based casinos. Welcome to the Weekend Report, where iGB looks at the news that you may have missed across the last few days. This week: AGCO raps Great Canadian Gaming for age verification failures, Dutch regulator issues warning to Betca and Paf partners with F1 legend Kimi Raikkonen.
Betr edges ahead in PointsBet takeover race as proposal declared ‘superior’

3 days ago | igamingbusiness.com | Robert Fletcher

Betr Entertainment has seemingly gained the advantage in the takeover battle for PointsBet after the company declared the proposed offer from digital wagering operator as “superior”. In a statement released today, PointsBet said it had reached the decision with the assistance of external advisers. The company has now proposed a mutual due diligence be undertaken with Betr. This due diligence, PointsBet said, will be phased, with an initial focus on the value of synergies and Betr’s scrip.
Africa and Middle East largest market for Super Group in Q1 as group revenue climbs 25%

6 days ago | igamingbusiness.com | Robert Fletcher

Africa and Middle East overtook North America as largest revenue market for Super Group in Q1. Betway operator Super Group reported record revenue during Q1 to $517 million, figures from Super Group showed. This is 25% higher than $412 million in Q1 of last year. Growth was apparent across many of the group’s core regions, including both Africa and Europe. It also noted success via its igaming product in North America, with Super Group highlighting Canada in particular.
MGM pens new employment agreement with CEO Bill Hornbuckle

6 days ago | igamingbusiness.com | Robert Fletcher

Bill Hornbuckle will remain as MGM CEO and President until the end of 2028. After that he will maintain an advisory role within the ongoing MGM Osaka project. MGM Resorts International has announced a new employment agreement with its CEO and President Bill Hornbuckle to remain in his roles through until 31 December 2028. Hornbuckle took on the top job at MGM on a permanent basis in July 2020.
Lottomatica considers M&A options following record Q1

1 week ago | igamingbusiness.com | Robert Fletcher

Lottomatica could consider further M&A activity after a record performance in Q1. Lottomatica reported record first-quarter revenue of €584.5 million ($659.8 million) on the back of double-digit growth across its online and sports betting segments in Q1. Speaking to analysts after the earnings release on Wednesday, the Italian-facing operator refused to rule out further M&A activity to expand its offering.
Online slots drive Great Britain Q1 online GGY, retail decline mirrors operator reporting

1 week ago | igamingbusiness.com | Robert Fletcher

The Great Britain Gambling Commission has reported a 7% year-on-year increase in online gross gambling yield (GGY) for the first quarter, helped by double-digital growth for online slots . Data from the Commission, released on 7 May, placed GGY at £1.45 billion ($1.93 billion) for the three months to 31 March. This beat £1.34 billion in the same period last year but fell 5.8% short of £1.54 billion in Q4.