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Angel Hristov's latest articles
Industry
March 4, 2025
Aspire Global Hit with a $1.8M Penalty in the UK
The United Kingdom’s Gambling Commission (UKGC) announced that it has issued a £1.4 million ($1.8 million) penalty to AspireGlobal for social responsibility and AML failures. The money will fund socially responsible causes in the UK, the regulator confirmed. The Operator Will Have to Pay a Huge Penalty The UKGC said that AG Communications Limited, which […]
Industry
March 4, 2025
NCPG Welcomes Problem Gambling Awareness Month, Promotes Understanding
The National Council on Problem Gambling (NCPG) in the United States has celebrated the beginning of Problem Gambling Awareness Month (PGAM), vowing to seek an enhanced understanding of gambling problems. PGAM Is Underway Once Again PGAM is an annual initiative taking place every March when industry stakeholders, health associations, sports entities and regulators join forces […]
Business
February 28, 2025
MGM Resorts & BetMGM Renew Safer Gambling Partnerships in Preparation for PGAM
MGM Resorts International and the BetMGM brand announced the expansion of several “groundbreaking collaborations” focused on gambling harm research and prevention. The announcement comes ahead of National Problem Gambling Awareness Month. Problem Gambling Awareness Month is a time when industry stakeholders join forces to promote safer play, discourage unhealthy gambling habits, and spread awareness of […]
Sports
February 28, 2025
ALT Sports Data to Develop Betting Odds for Formula 1
Formula 1 (F1), the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l’Automobile, has unveiled a new gaming-oriented partnership. ALT Sports Data Joins F1 as Official Betting Data Supplier According to the official announcement, ALT Sports Data, a company that provides operators with a seamless path […]
Industry
February 27, 2025
Cases of Potential Match-Fixing in the Netherlands Spiked in 2024
The Netherlands has reported a spike in potential instances of match-fixing in 2024. The Dutch gambling regulator, Kansspelautoriteit (KSA), published its Match-Fixing Trend Analysis for 2024, highlighting disconcerting figures. The Number of Reports Spiked According to the KSA’s report, its Sports Betting Intelligence Unit received a total of 13 reports from its licensees in 2024. […]
Business
February 27, 2025
GiG Software Publishes 2024 Report, Expresses Optimism Despite the Challenges
GiG Software, a leading business-to-business provider of iGaming technology, has posted its report for Q4 and FY 2024. The report highlighted mixed results in the wake of GiG’s historic business split into GiG Software and Gentoo Media. GiG Software Reports Suboptimal Q4 Results For the fourth quarter of the year, GiG Software reported underlying revenue […]
Industry
February 27, 2025
GamCare Taps Healthcare Heavyweight Corbishley as CEO
GamCare, the charity responsible for the United Kingdom’s problem gambling hotline, announced the appointment of Victoria Corbishley as its new chief executive officer. The service praised its new heads’ leadership experience and said that her appointment comes at a “pivotal moment” for the healthcare and gaming sectors. Victoria Corbishley Joins the GamCare Team Corbishley is […]
Business
February 26, 2025
Kambi Posts Stable 2024 Report But Modest Guidance Alienates Investors
Kambi Group has published its Q4 and FY 2024 results, highlighting a slight increase in revenue. Despite that, the company’s modest guidance caused its shares to take a dip. Kambi’s Results Were Mostly Stable In its report, Kambi reported revenue of EUR 44.5 million ($46.6 million) for Q4 and EUR 176.4 million ($185 million) for […]
Business
February 26, 2025
Caesars Publishes 2024 Financials, Considers Divesting Non-Core Assets
American gaming powerhouse Caesars Entertainment has published its Q4 and FY 2024 financials, highlighting stable revenue and an increase in net income, despite a slight decline in adjusted EBITDA. In addition to that, the company announced that it is open to the possibility of selling more non-core assets in order to reduce its debt. Caesars […]
Business
February 26, 2025
IGT Revenue Slightly Down in 2024 But Business Remains Strong
Gaming leader IGT has published its Q4 and FY 2024 report, outlining a slowdown in revenue and debt reduction successes. The Company’s Financials Remain Strong Despite Fluctuations In Q4, the company reported revenue of $651 million, down 4% year-on-year. Despite that, instant ticket and draw game sales remained strong. The company posted income from continuing […]
