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Angel Hristov's latest articles
Industry
March 7, 2025
Study Suggests Links Between Alcohol Use and Sports Betting Problems
A study by medical journal JAMA Network’s JAMA Psychiatry division has suggested links between alcohol and sports betting problems. According to the study, the two tend to follow similar patterns of increase or decrease. The Study Examined Betting and Alcohol Use The study analyzed how the widespread expansion of sports betting in the United States […]
Business
March 6, 2025
UKGC Asks Brits to Weigh in on How Deposit Limits Should Work
The UK Gambling Commission (UKGC) has asked Brits to weigh in on how deposit limits should work. The new consultation will run until April 30 and will allow the commission to see consumers’ opinions on the matter. The Different Types of Limits Can Confuse Consumers The UKGC’s latest consultation is related to new consumer control […]
Industry
March 6, 2025
RMG & Playtech Sports to Offer In-Play Bets on the Cheltenham Festival
Racecourse Media Group (RMG) and Playtech Sports have teamed up to power the Cheltenham Festival with in-play markets, raising the excitement ahead of the highly-anticipated event. According to the former company, this would mark the first time betting shop punters will be able to bet in-play on full win markets on horseracing’s biggest betting event. […]
Business
March 6, 2025
FDJ Rebrands as FDJ UNITED, Posts Impressive 2024 Financials
La Française des Jeux (FDJ), the operator of France and Ireland’s national lotteries, has published its latest financial report, highlighting strong 2024 results. In addition to that, the company unveiled a new identity, rebranding itself to FDJ UNITED. FDJ Ends 2024 on a Strong Note According to FDJ UNITED, its acquisition of Kindred was a […]
Industry
March 6, 2025
Michigan Orders Five Offshore Casinos to Cease and Desist
The Michigan Gaming Control Board (MGCB) announced yesterday that it has taken “decisive action” against a handful of offshore operators. The gambling companies in question have all been sent cease-and-desist letters for violating the state gambling laws. Five Offshore Operators Must Exit Michigan The MGCB, which remains committed to protecting the local market from the […]
Business
March 6, 2025
Bally’s Posts Mixed Q4, Cancels Earnings Call as Shares Plummet
Bally’s Corporation suddenly canceled its earnings call shortly after its stock’s value plummeted. The company’s Q4 report wasn’t very reassuring either, as EBITDA remained unimpressive across all segments, suggesting a troubled period for the American operator. The Earnings Call Was Canceled On March 5, Bally’s Corporation’s shares took a sudden dip, experiencing a 23.6% decline […]
Industry
March 5, 2025
SPGA Says New York’s Proposed Sweeps Ban Would Hurt Small Businesses
The Social and Promotional Games Association (SPGA), an industry body promoting a responsible sweepstakes sector and championing the rights of the sweepstakes industry, has responded to New York’s mulled sweepstakes ban. The association firmly opposed the measure, arguing that it would hurt smaller businesses in the state. SB 5935 Seeks to Put an End to […]
Industry
March 5, 2025
Report Highlights Increase in Gambling Spending in Australia, Calls for Stricter Regulations
A new report has discovered that gambling is creating a “black hole” in Australians’ household budgets. According to the research, the total annual gambling losses for 2022/23 amounted to AUD 1,527 ($960) for every Aussie adult. A Black Hole in Household Budgets The report was compiled by Equity Economics in partnership with the Alliance for […]
Business
March 4, 2025
Genius Sports’ Q4 and FY 2024 Report Highlights Strong Financials
Genius Sports has become the latest sports data company to publish its Q4 and full-year report. The company has likewise posted its guidance for 2025, confirming that it expects its metrics to continue hiking. Genius Sports’ Metrics Increased Across the Board In the fourth quarter of the year, Genius Sports’ group revenue was up 38% […]
Business
March 4, 2025
Adventure Box to Spend $16M on iGaming Assets Acquisition
Adventure Box Technology, a Swedish computer game technology company based in Stockholm, announced that it has entered into a non-binding Letter of Intent to purchase a portfolio of iGaming assets. This move reflects Adventure Box’s continued intense M&A activity. Adventure Box Seeks Affiliate Marketing Growth According to the announcement, the new assets will highlight the […]
