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Angel Hristov's latest articles
Industry
January 31, 2025
Spelinspektionen Reports Rise in Gambling Among Young Adults and Minors
The Swedish Gambling Authority (Spelinspektionen) has published a new report on youth gambling, reporting an increase in the percentage of younger citizens playing real-money games of chance. As it turns out, young men are at an especially high risk of gambling harm. Newer Gaming Verticals Have Engaged Younger Players The findings, outlined in the 2024 […]
Business
January 31, 2025
Philippine Gaming Grows as PAGCOR Announces Revenue Record
The Philippine Amusement and Gaming Corporation (PAGCOR) published its report for 2024, revealing a new all-time high revenue and income figures. Chair & CEO Alejandro Tengco praised the metrics, saying that the corporation is pleased with this stellar progress. The PAGCOR Exceeded the PHP 100B Mark According to the PAGCOR’s report, its annual revenues for […]
Industry
January 31, 2025
UKGC Launches Third Round of White Paper Consultations
The United Kingdom’s Gambling Commission (UKGC) has launched a new consultation into safer gambling as Britain’s gaming reforms continue. The UK has been working hard to modernize its gambling laws but striking the right balance between fair regulation and player protection has proven a challenging task. The Third Round of Consultations Begins The Gambling Act […]
Industry
January 30, 2025
PGCB Fines BetMGM & Two Others, Bans Several Adults from Gambling
The Pennsylvania Gaming Control Board (PGCB) announced that it has handed $282K in fines to three gaming operators. In addition to that, the board placed several people on its involuntary self-exclusion list. BetMGM Committed a Serious Violation In its official release, the PGCB confirmed that it has approved fines against three operators. Originally proposed by […]
Business
January 29, 2025
Bragg Publishes Preliminary 2024 Report, Posts Optimistic 2025 Guidance
Bragg Gaming Group, a global B2B iGaming content and tech provider, has published its preliminary unaudited results for 2024, highlighting anticipated revenue and EBITDA growth. The company added that it expects its financial to continue increasing in 2025. Bragg Is Looking Forward to Good Financials According to the report, Bragg anticipates FY 2024 revenue of […]
Business
January 29, 2025
Playtech Parts Ways with Chair Mattingley, Introduces Changes to Board
Gambling software powerhouse Playtech announced board changes, including the resignation of its chair and changes to the structure of its committees. Mattingley to Exit After Four Years with the Company On January 29, Playtech confirmed that Brian Mattingley has decided to step down as chair and depart from the board. He agreed to remain on […]
Business
January 29, 2025
NorthStar Gaming Secures $30M Credit Facility
NorthStar Gaming announced that it has secured significant investment, as well as additional credit support. According to the company’s leadership, this is NorthStar’s largest financing to date. The Biggest Investment in NorthStar’s History NorthStar Gaming said that it has entered into a credit agreement to secure a CAD 43.4 million ($30 million) senior secured first […]
Business
January 29, 2025
Star Entertainment Divests Non-Core Assets as Search for Liquidity Continues
The Star Entertainment Group announced that it selling non-core assets as the group desperately seeks to secure its financial position. Star Sydney to Divest Its Event Center In a release submitted to the ASX, the Australian casino and hospitality company confirmed that its New South Wales-facing branch, The Star Entertainment Sydney Properties, has secured agreements […]
Legal
January 28, 2025
UKGC: Three People Arrested in Birmingham for Match-Fixing
The United Kingdom’s Gambling Commission (UKGC) announced yesterday that three people have been arrested in relation to match-fixing allegations. These included individuals ranging from 23-year-old to 54-year old who are believed to have committed betting offenses. Three People Were Arrested On January 27, the UKGC said that the authorities had arrested three people suspected of […]
Industry
January 28, 2025
NSW Bans Gambling Ads from Public Transport and Stations
New South Wales has moved to ban gambling ads on public transport as the Australian state seeks to tackle gambling harm. The country has been struggling with significant addiction rates, prompting calls for reforms and stricter regulation. The Government Wants to Make Gambling Ads Less Prominent Liquor and Gaming NSW confirmed that the Minns Goverment […]
