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Angel Hristov's latest articles
Industry
February 18, 2025
Indiana’s iGaming Efforts Stall as HB 1432 Fails to Make Progress
Indiana’s iGaming push has come crashing down despite gaining traction earlier this year. The bill that would have legalized online casinos had a strong momentum but failed to secure a hearing in the Ways and Means Committee. The Measure Sought to Legalize Online Casinos In January, House Bill 1432 received bipartisan support and was approved […]
Industry
February 17, 2025
Norsk Tipping Risks $3.4M Fine for Self-Exclusion Violation
Norsk Tipping faces a fine in Norway over a self-exclusion failure. According to the country’s regulator, a technical mistake had prevented iOS players from excluding themselves from gambling, which is considered a serious offense. Norsk Tipping’s iOS Players Couldn’t Exclude Themselves The incident dates to January 16, 2024, when Norsk Tipping’s iOS gaming app experienced […]
Industry
February 17, 2025
Coinbase CEO: Prediction Markets Are a Better Source of Truth
Brian Armstrong, the co-founder and chief executive officer of Coinbase, has expressed optimism about the future of prediction markets. In the Q4 2024 earnings call, he responded to analysts’ questions and shared his thoughts on such products, labeling them “a better source of truth.” Coinbase Is in a Strong Position In his opening statement, Armstrong […]
Business
February 17, 2025
Star Entertainment Receives Debt Financing Proposal from Oaktree Capital
The Star Entertainment Group Limited announced that it has received a debt financing proposal. The Australian operator has experienced significant financial struggles in the wake of regulatory hurdles and has been in a precarious position for a while. Oaktree to Help Star Recover As stated in an ASX filing, Star Entertainment has received a debt […]
Industry
February 17, 2025
New Jersey iGaming Expanded, Sports Betting Slowed Down in January
The New Jersey Division of Gaming Enforcement (DGE) has published data about the performance of Atlantic City’s nine casinos. According to the authority, January marked a stable start to the year despite a slight drop in total gaming revenue. The change was attributed to a decrease in sports betting that was partially offset by a […]
Industry
February 13, 2025
Seven Financial Firms Join the Efforts to Stop Problem Gambling in the UK
The Money and Mental Health Policy Institute, a charity organization founded by Martin Lewis, has unveiled a roster of financial services firms that will make up its new Gambling Harms Action Lab. In this position, the organizations will help the institute enhance support for gamblers experiencing harm. The Financial Services That Will Make Up the […]
Business
February 13, 2025
MGM Resorts Posts Strong 2024 Report Despite Mixed Q4
Gaming giant MGM Resorts has posted its results for 2024, reporting an all-time high net revenue, underpinned by the steady growth of MGM China. The BetMGM digital business, on the other hand, is nearing profitability. The Q4 Report Was Mixed The fourth quarter of the year saw MGM Resorts report consolidated net revenues of $4.3 […]
Casino
February 13, 2025
Trainwreck Hits $12M on Duck Hunters, Praises NoLimit City
Popular streamer Trainwreck hit $12 million on a Kick stream playing Duck Hunters and criticized Hacksaw Gaming and Pragmatic Play for inaccurate RTP calculations. Trainwreck Wins $12 Million on Duck Hunters Tyler Faraz Niknam better known as Trainwreckstv or simply Trainwreck is an American live streamer who’s popular for his gambling-related content. Recently, the 34-year-old […]
Industry
February 12, 2025
BGC CEO Encourages Collaboration as Black Market Grows
Grainne Hurst, the chief executive officer of Britain’s Betting and Gamin Council (BGC) has spoken at the annual Gambling Anti-Money Laundering Group (GAMLG) training event, warning participants of the growing illegal gambling market and the dangers it poses to the regulated industry. Hurst encouraged collaboration in the war on the black market, saying that it […]
Industry
February 12, 2025
Stake to Exit the UK After Investigation Into Controversial Ad
The UK Gambling Commission (UKGC) announced that online gaming giant Stake.com will be leaving the UK market. This follows an investigation into a controversial social media ad. Stake to Exit the UK Stake.com, which champions crypto and online gambling, was recently investigated by the UKGC over a widely viewed video, which featured the brand’s logo. […]
