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Angel Hristov's latest articles
Business
February 6, 2025
Betsson Posts Its Strongest Full-Year Report Yet
Betsson Group has published its results for Q4 and FY 2024, reporting significant business progress amid favorable financial metrics. According to CEO Pontus Lindwall, the company ended its best year even on a very strong note. A Strong End to Betsson’s Best Year In the three-month period ended December 31, Betsson reported a group revenue […]
Industry
February 5, 2025
Western Australia Tightens Gaming Laws in Effort to Modernize Regulation
Western Australia has moved to tighten its gaming regulations, introducing harsher penalties for violators. The reform seeks to enforce rules that serve as deterrents, preventing entities from committing breaches. Western Australia Modernizes Regulation The Cook Government announced that it has bolstered enforcement powers and penalties in an attempt to keep gambling operators in check and […]
Industry
February 5, 2025
GAMSTOP Records Rise in Young Adults Seeking Self-Exclusion
GAMSTOP, the United Kingdom’s national self-exclusion scheme for online gambling, has published a new report on the people using its services. Concerningly, the service recorded a significant increase in young adults signing up for self-exclusion in H2 2024. GAMSTOP Published H2 2024 Data According to the platform, 2024 as a whole marked a record year, […]
Business
February 5, 2025
Table Trac Agrees to Power Apache Nugget with CMS Solution
Casino software developer Table Trac announced that it has signed an agreement with Apache Nugget Corporation, a business owned by the Jicarilla Apache Nation. Per the agreement, the former entity will power the tribal operator with its cutting-edge solutions. Table Trac Integrates CMS Product into Apache Nugget’s Business As agreed, Table Trac will deploy its […]
Industry
February 5, 2025
Colombia Blocks 10K Illegal Gaming Websites and Social Media Accounts
Colombia’s gambling regulator, Coljuegos, announced that it has blocked a staggering 10,000 unlicensed gambling websites and social media accounts promoting illegal games of chance. The authority reiterated its stance on offshore entities, vowing to crack down on illicit products. Coljuegos Says 10,000 Entities Have Been Blocked The Coljuegos said that the 10,000 portals it blocked […]
Industry
February 4, 2025
UKGC Unveils Changes to Deposit Limits, Fund Protection Transparency
The UK Gambling Commission (UKGC) has confirmed new changes to deposit limits and player fund protection. The changes align with the 2023 white paper measures seeking to reform British gaming for the digital age. Players Will Have More Control over Their Limits According to the announcement, the new rules will provide players with more freedom […]
Industry
February 4, 2025
KSA Reminds Operators to Conduct Affordability Checks
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), asked operators to make sure that their customers can afford playing. By making sure that the money players bet correspond to their income, companies can prevent gambling harm and money laundering. KSA Asked Companies to Adhere to the New Rules As outlined in the Responsible Gaming Policy 2024, […]
Industry
February 4, 2025
Australia: Gambling and Alcohol Firms Donated $1.5M to Politics
A new report by the Australian Electoral Commission (AEC) revealed that alcohol and gambling companies have spent some AUD 2.5 million on political donations during the 2023-2024 fiscal year alone. This was critiqued by the Foundation for Alcohol Research and Education (FARE) and the Alliance for Gambling Reform (AGR), who said that these efforts jeopardize […]
Business
February 4, 2025
BetMGM Posts 2024 Report, Expects to Meet 2025 EBITDA Goals
Betting and gaming juggernaut BetMGM has published its FY 2024 financials, delivering revenue growth and optimistic EBITDA forecasts. While the brand is still EBITDA negative, it is convinced that 2025 may be a turning point. BetMGM Hopes to Turn EBITDA-Positive Soon BetMGM, which is jointly owned by MGM Resorts International and Entain, reported net revenue […]
Casino
February 3, 2025
PAGCOR Shutters Unprofitable Casino, Prepares to Close a Second One
The Philippine Amusement and Gaming Corporation (PAGCOR) announced that it will be closing two underperforming casinos, in line with its rationalization plan. The Two Sites Were Not Profitable On February 3, the PAGCOR confirmed that the Casino Filipino site in Talisay, Cebu has already been closed off. In the meantime, the agency noted that it […]
