Robert Fletcher

Exmouth

Writer at Freelance

Editor at Large Format Review

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Articles

Double-digit online growth pushes revenue up at Allwyn in Q1

1 day ago | igamingbusiness.com | Robert Fletcher

Allwyn International reported a 6% year-on-year increase in revenue during Q1 on the back of further growth within its digital division, while earnings also edged up despite additional spending on the group’s corporate structure. Revenue for the three months to 31 March amounted to €2.24 billion ($2.56 billion), Allwyn said in its preliminary results. This surpassed the €2.11 billion reported in the same period last year – during which Allwyn took control of the UK’s National Lottery.
ATG appoints Bäcke to lead Hippos joint venture as CEO

2 days ago | igamingbusiness.com | Robert Fletcher

Mikael Bäcke has worked for ATG since 2014 and is currently CEO of the Bet25 division. the appointment of Mikael Bäcke as CEO of Hippos ATG, its new online gambling joint venture with Finnish equestrian association Suomen Hippos. Bäcke is currently CEO of 25syv Group, a Danish-facing subsidiary of ATG that operates the Bet25 brand. He will be replaced in this role by Henrik Friis Pedersen, who is currently CEO for the Bet25 brand.
Veikkaus appoints former PayPal VP Lassi to top legal role

2 days ago | igamingbusiness.com | Robert Fletcher

Jyri Lassi joins Veikkaus having previously worked for tech giants PayPal and Nokia. Veikkaus has announced the appointment of former PayPal vice president Jyri Lassi as its new general counsel and management team member. Lassi will officially begin his new at Veikkaus on 1 September. He will replace Hanna Kyrki, who will depart the business in July to join Summa Defence.
ACMA raps four operators for self-exclusion breaches

3 days ago | igamingbusiness.com | Robert Fletcher

The Australian Communications and Media Authority (ACMA) has ruled operators Buddybet, Ultrabet, VicBet and Topbet breached regulations on gambling self-exclusion in the country. According to ACMA, the four operators failed to comply with rules on BetStop, Australia’s National Self-Exclusion Register (NSER). Its findings followed separate investigations into each of the operators.
Fennica Gaming latest to secure UAE online supplier licence

3 days ago | igamingbusiness.com | Robert Fletcher

Veikkaus subsidiary Fennica Gaming has become the latest gambling supplier to secure a licence from the General Commercial Gaming Regulatory Authority (GCGRA) of the United Arab Emirates (UAE). The company is one of three online suppliers licensed by the GCGRA, as well as Aristocrat and EQL Games. The Gaming Related Vendor Licence permits Fennica, a B2B iGaming solutions provider, to offer its ‘games as a service’ (GaaS).
Police seize $127 million in Turkey cybercrime raids

4 days ago | igamingbusiness.com | Robert Fletcher

Some 145 people were formally arrested in Turkey during the cybercrime raids. Police in Turkey have seized assets worth an estimated $127 million (€112 million) and made almost 150 arrests during raids across the country in a cybercrime probe related to charges including illegal betting. As confirmed by Turkish Minister of Interior Ali Yerlikaya, the raids were carried out over the past week.
LiveScore Bet hits out at ASA over adverts breach ruling

4 days ago | igamingbusiness.com | Robert Fletcher

LiveScore Bet said it was “disappointed” that the UK’s Advertising Standards Agency’s (ASA) has ruled two of its adverts breached regulations, with the ads in question reported to have appeared in an under-18 version of the LiveScore app. A single complainant said they saw adverts for LiveScore Bet within the LiveScore app. The latter mobile app features scores and fixtures across various sports, with a primary focus on football.
MIXI tables improved takeover offer for PointsBet

4 days ago | igamingbusiness.com | Robert Fletcher

MIXI Australia has submitted an improved takeover offer worth AUS$402 million (US$260 million) for PointsBet, surpassing a rival proposal from Betr Entertainment. PointsBet had already approved a proposal from Japanese digital entertainment and sports group MIXI‘s Australian arm back in February. The initial offer was valued at $353 million, with PointsBet shareholders to receive cash consideration of $1.06, a premium of 27.7% to closing price on 25 February.
Virginia sports betting handle rises 8.2% in April

4 days ago | igamingbusiness.com | Robert Fletcher

Consumer spending on sports betting in Virginia increased 8.2% year-on-year in April, while adjusted gross revenue in the state was also higher. Total handle for the month amounted to $609.7 million, figures from the Virginia Lottery showed. This was ahead of $563.5 million in April 2024 but 11.6% short of $689.7 million in March this year. Players wagered $603.7 million betting on sports online and a further $6 million at retail sportsbooks. As for adjusted gross revenue, this hit $56.1 million.
Betsson pulls out of Holland Gaming Technology acquisition

5 days ago | igamingbusiness.com | Robert Fletcher

Swedish-headquartered Betsson has terminated its agreement to acquire Holland Gaming Technology and Holland Power Gaming in favour of pursuing other business opportunities. Betsson agreed to acquire Netherlands-licensed operator Holland Gaming and games studio Holland Power Gaming in February 2024. The deal was valued at €27.5 million ($31.4 million). Completion of the double acquisition was subject to approval by Dutch gambling regulator Kansspelautoriteit (KSA).