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Angel Hristov's latest articles
Business
October 17, 2024
Entain Posts Favorable Q3 Figures, Decides Against Crystalbet Sale
Gambling giant Entain has posted a trading update for the third quarter of the year, highlighting results that were ahead of the forecasts. At the same time, Entain decided to retain the Crystalbet brand. The Q3 Results Were Unexpectedly Strong In its official report, Entain highlighted an 8% increase in its total group net gaming […]
Industry
October 16, 2024
Flutter CEO: UK Tax Hike Would Be in No One’s Interest
Peter Jackson, chief executive officer of Flutter Entertainment, commented on the UK’s ongoing gambling reforms amid talks about tax hikes. Echoing his recent point about the US market, he suggested that high tax rates tend to have adverse effects. Labour Should Speed Up the Regulatory Process In a post on LinkedIn, Jackson said that was […]
Industry
October 16, 2024
IGT Wins $5.3M Tender to Supply Tech to LET’s Manila Project
Gaming tech & content leader International Game Technology (IGT) has won a $5.3 million tender to supply its cutting-edge gaming equipment to LET Group Holdings’ new casino project in Manila. The former company’s experience and rich suite of products were major factors in the successful tender. The Supplier Will Empower the New Casino As per […]
Industry
October 15, 2024
VGCCC Slaps Crown Resorts with $1.3M Fine over Self-Exclusion Failures
The Victorian Gambling and Casino Control Commission (VGCCC) announced that it has slapped Crown Resorts with an AUD 2 million ($1.34 million) fine for self-exclusion violations. According to the authority, the Australian operator had allowed hundreds of self-excluded players to place bets at its local casino. The Breach Was Due to System & Control Failures […]
Business
October 15, 2024
Kindred Restructures Its Board Following FDJ’s Takeover
Kindred Group announced major changes to its board of directors following its takeover by La Française des Jeux (FDJ). The historic deal, which cemented FDJ as one of Europe’s biggest gambling companies, led to significant restructuring for Kindred. Kindred Unveils New Board Lineup According to Kindred’s announcement, several directors, including James H. Gemmel, Cédric Boireau, […]
Business
October 14, 2024
Digitain and Sport Generate Executive Departs, Plans to “Catch Up on Sleep”
Simon Westbury, the chief executive officer of Sport Generate and chief business officer of Digitain announced his departure from the businesses. While he has fond memories of serving the two companies, the man now plans to “catch up on sleep.” Westbury Remembers His Time at Digitain and Sport Generate Fondly Westbury joined the industry-leading iGaming […]
Business
October 14, 2024
BOXXER Forms a Strong Partnership with Betfred
BOXXER, a world-class boxing promotional company, has formed a new partnership with Betfred, one of the United Kingdom’s largest operators. As a trusted and respected brand, Betfred will be a valuable entry in BOXXER’s list of operator partners. BOXXER Will Promote Betfred’s Brand BOXXER, which was founded in 2018 by Ben Shalom, a prominent entrepreneur […]
Insider
October 14, 2024
Greg Penkov: “Blask is all about removing uncertainty and letting companies innovate on solid data foundations”
Greg Penkov, a seasoned professional in the iGaming industry, recently joined Blask, a cutting-edge data analytics company. Blask focuses on providing real-time market intelligence to help businesses innovate globally. With a mission to cover over 100 markets, Blask aims to revolutionize how companies approach emerging markets and deliver localized insights. Q: Greg, what is the […]
Business
October 11, 2024
Fantasma Games’ Shareholders Approve EveryMatrix’s Takeover Bid
EveryMatrix announced that an overwhelming majority of Fantasma Games’ shareholders have approved the former company’s takeover bid. For context, the acquisition required the approval of at least 90% of the content developer’s investors. The Deal Has Been Approved by Shareholders A month ago, EveryMatrix submitted a recommended public offer to acquire all of Fantasma Games’ […]
Industry
October 11, 2024
Actor Says He Was Happy to See the Tropicana Go Down
Las Vegas just said its last goodbye to the Tropicana casino hotel, which was brought down in a spectacular implosion. As one of the oldest properties on the Las Vegas Strip, it was beloved by many for its historic significance. Some people, however, were pleased to see it go down. “It Was an Unbelievable Environment” […]
