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Angel Hristov's latest articles
Business
December 30, 2024
Allwyn Secures 51% Stake in Novibet Parent Company
Allwyn has secured a majority stake in Novibet’s parent company Logflex MT Holding Limited. The deal will expand the former company’s position as a leading lottery company and a rising iGaming star. Allwyn Continues to Grow Its Business As confirmed by Allwyn, the transaction will see it acquire a controlling 51% stake in Logflex. This […]
Industry
December 30, 2024
Truist Securities Predicts High M&A Activity in 2025
Truist Securities has expressed optimism about a potential rebounding in mergers and acquisitions within the gaming sector. This would notably end a fairly dry period of low M&A activity. Truist Trusts the Favorable Conditions At the Wicked Good 12th Annual GLLR Summit in Boston, Truist Securities highlighted a number of favorable conditions that could lead […]
Legal
December 18, 2024
Swedish Court Rejects Operators’ Request to Have Fines Revoked
The Swedish Supreme Administrative Court has denied several operators’ appeals against decisions by the Spelinspektionen, the local gambling regulator. As a result, the violators will have to pay the fees outlined in their penalty orders. The Spelinspektionen’s penalties were issued against subsidiaries of the gaming companies ComeOn Group, Kindred Group, and Mr Green. ComeOn Group’s […]
Industry
December 18, 2024
Illinois Hands Licenses to bet365 and New Casino
International gaming operator bet365 is set to further expand its global footprint with yet another market. During the Illinois Gaming Board’s (IGB) final meeting for the year, board members handed the new license to the sportsbook. The IGB also handed a license to Wind Creek Chicago Southland, a new casino in the state. Bet365 to […]
Industry
December 17, 2024
Justin Trudeau Eyes Resignation, Betting Markets Available
Justin Trudeau is rumored to be considering an exit as leader of the Liberal Party. According to reports, this consideration was prompted by the recent resignation of Chrystia Freeland as finance minister. Freeland Quit as Finance Minister The Canadian PM reportedly told Freeland that he doesn’t want her as a finance minister, offering her another […]
Legal
December 17, 2024
Unhappy Client Takes DraftKings to Court over Data-Sharing Violation
A DraftKings client has filed a lawsuit against the company, alleging that the American operator committed severe data violations. According to the plaintiff, the gambling company unlawfully provided data regarding his behavior on social media to Facebook. DraftKings Transferred Data Without Its Customers’ Consent According to the class action, which was filed on Friday in […]
Industry
December 17, 2024
New Jersey Gaming Recorded Its Strongest November in 11 Years
The New Jersey Division of Gaming Enforcement (DGE) published a report about the performance of the nine Atlantic City casinos in November. As it turns out, the local casinos have recorded growth after two months of declines. In the meantime, iGaming and sports betting continued to excel. The Casinos Were on the Rise In November, […]
Industry
December 16, 2024
Galaxsys Features Soccer Legend Luís Figo in Its Latest Game
Galaxsys, a leading provider of iGaming content, has unveiled a new title featuring the famous former soccer pro Luís Figo. The new title will make players relive Figo’s youth while providing them with a shot at mouth-watering prizes. Celebrating Figo’s Career The new branded game, Figoal, will be a turbo title featuring the Ballon d’Or […]
Industry
December 16, 2024
SMC Leases Land from PAGCOR, Vows to Build New HQ for the Regulator
The Philippine Amusement and Gaming Corporation (PAGCOR) unveiled a 25-year lease agreement with SMC Infrastructure, a division of San Miguel Corp. Under the deal, the Philippine regulator will lease the Nayong Pilipino Property in Pasay City to SMC. In turn, the latter company will build a new officer for the PAGCOR. PAGCOR to Lend 13 […]
Industry
December 13, 2024
The Growth of Sports Betting Benefits America, AGA CEO Says
Bill Miller, the president and chief executive officer of the American Gaming Association (AGA), has shared his thoughts on the rapid growth of betting. In a publication published by Newsweek, he expressed his opinions on the matter and provided insight into the association’s view of the market. Legal Betting Continues to Grow and That’s a […]
