By The Weekly Edge desk ·
Allwyn increased its stake in German lottery ticket reseller Next Lotto to a majority holding for an undisclosed amount, EGR reported. The report also said Allwyn’s Q2 revenue rose 27%.
Allwyn gains majority ownership of German lottery ticket reseller Next Lotto alongside reported Q2 revenue growth of 27%.
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The appointments place Allwyn’s group technology strategy under Ögren while assigning Cross responsibility for global lottery technology.
Rodano’s appointment gives Allwyn leadership for developing player protection policies and integrating them into products and brands.
Allwyn’s new responsible gaming head will oversee player protection across its European and North American markets.
Allwyn’s appointment places Francesco Rodano at the head of its group responsible gaming function.
Allwyn’s leadership discussed sportsbook acquisitions and secondary listing plans, giving investors management commentary following Q2 earnings.
Licensed operators face site blocking and requirements to return customer funds while Congress considers the provisional measure.