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Angel Hristov's latest articles
Sports
January 22, 2025
Sportsbet.io Onboards NBA Star Tristan Thompson as Brand Ambassador
Tristan Thompson, a Canadian NBA professional playing for the Cleveland Cavaliers, has penned a new agreement with crypto betting specialist Sportsbet.io. This tie-up will unlock a variety of exciting opportunities for fans of the sport. Thompson Becomes a Part of the Sportsbet.io Family Under the agreement, the basketball center will serve as the cryptocurrency sportsbook’s […]
Business
January 22, 2025
NOVOMATIC Sets Out to Acquire Vikings Casinos
NOVOMATIC announced that it has penned an agreement to acquire Vikings Casinos SAS, a French casino group. The deal is in line with NOVOMATIC‘s ambitious growth strategy and would expand its presence in Europe. NOVOMATIC Targets International Growth As announced by NOVOMATIC, the acquisition is still subject to certain regulatory conditions and approvals. If permitted, […]
Industry
January 22, 2025
Sen. Addabbo Seeks to Legalize iGaming in New York
Senator Joseph Addabbo Jr., a prominent supporter of the gambling industry has filed another iGaming bill in New York. SB 2614 follows in the wake of earlier efforts to legalize online casinos in the state. Addabbo Launches an iGaming Bill for the Third Year in a Row Addabbo, who has previously sponsored iGaming bills, referred […]
Business
January 22, 2025
Star Entertainment’s Debt-Raising Capacity “Limited” as Q2 Report Shows Lower Profits
The Star Entertainment Group, an Australian casino & hospitality company, has published its financial report for the second quarter of the fiscal year. As the operator’s struggles continue, it reported “limited” opportunities to raise funding in the absence of liquidity solutions. Profits Went Down, EBITDA Loss Narrowed In the three months ended December 31, Star […]
Business
January 21, 2025
MGM China Unveils Salary Increase for 99% of Its Workforce
MGM China Holdings Limited, a leading casino and hospitality giant in Macau, has unveiled a new salary increase that will affect most of its workers. The company thanked its workers for their hard work and incredible commitment, which have driven continued business growth. MGM China Recognized Its Workers’ Contributions According to MGM China’s official announcement, […]
Lottery
January 21, 2025
IGT Signs 10-Year Deal to Supply Solutions to Luxembourg’s Lottery
IGT, a leader in the provision of gaming content and tech to operators, has unveiled a new contract with the national lottery of Luxembourg, Loterie Nationale. Per the agreement, the supplier will power the lottery’s operation with cutting-edge technology and games. IGT Powers the Luxembourg Lottery with Its Technology According to the announcement, the new […]
Industry
January 21, 2025
UK Auditing Regulator to Investigate KPMG’s Audit of Entain
The Financial Reporting Council (FRC) of the United Kingdom, an independent regulator responsible for auditors, accountants and actuaries, has launched an investigation into KPMG’s audit of Entain’s financials. The probe comes amid KPMG’s shaky reputation in the wake of recent scandals. FRC to Investigate the 2022 Audit As confirmed by the FRC, the body has commenced […]
Business
January 20, 2025
EveryMatrix’s Growth Continues as Company Posts Record 2024 Results
EveryMatrix, an industry-leading provider of iGaming tech and content has published its financials for 2024, highlighting an unprecedented success for its business. The company’s leadership applauded the results and said that it hoped the momentum would continue. A Strong Year for the Provider In the fourth quarter of 2024, EveryMarix set a new quarterly record […]
Business
January 20, 2025
GiG’s Sweepstakes Platform Hits the Market with Primero
Gaming Innovation Group (GiG) announced that it has launched its new sweepstakes casino platform online, revolutionizing the sector. This latest product underscores the company’s commitment to fostering innovation in new and emerging markets. GiG’s SweepX Goes Live According to GiG’s announcement, SweepX is now live with new partner Primero under the goldrushcity.com brand. The former […]
Legal
January 20, 2025
Genshin Impact Dev Faces $20M FTC Fine over Loot Boxes
Cognosphere, the developer of the famous gacha game Genshin Impact risks a $20 million penalty over violations related to loot boxes. Genshin Impact Under Fire for Violations Genshin Impact, in classical gacha game style, offers randomized prizes to its players. Originating from the Japanese gachapon machines, the term gacha designates titles where players can spend […]
