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Angel Hristov's latest articles
Casino
August 15, 2024
Catena Hit by Google Updates in Q2 Results
Catena Media reported a 14% year-over-year drop in revenue during the second quarter earnings call, posting €12.8m in revenue. The company has been undergoing a rapid adaptation period, faced with numerous technical challenges traced back to Google’s changing algorithms that have hit some of the best-established affiliate companies in the sector. Catena Grapples with Past […]
Casino
August 14, 2024
Thai Academics Argue Future Casino Resorts to Cause More Harm Than Good
As Thailand is on track to advance a bill that would introduce the first casino resorts in the country, academics have cautioned that the potential societal costs may be too steep to bear, and outstrip the theoretical windfall from tax levied on casino floors. Thai Academics Doubt Good That Will Come Out of Casino Resorts […]
Industry
August 14, 2024
FanDuel Makes Up Its Mind, Says No to DraftKings Surcharge Idea
Flutter Entertainment did not take long to mull things over. The company, which is based in Dublin, used the occasion of its earning call to openly state that it would not be implementing a “surcharge,” which was proposed by DraftKings two weeks ago as a way to ease the financial pain in states that collect […]
Sports
August 13, 2024
Nebraska Voters Could Decide the Future of Online Betting
The Cornhusker State was among the first to move boldly and legalize land-based sports gambling in May 2021, but it has mostly balked at the idea of expanding the activity, choosing instead to limit the activity to the Grand Island Casino Resort and Harrah’s Columbus. Bringing Online Betting to Nebraska at Long Last So, what’s […]
Industry
August 12, 2024
Kindbridge Confirms Gambling Addiction Treatment Improves Mental Health
According to the research unit, Kindbridge Behavioral Health, people who undergo treatment for gambling addiction exhibit signs of improved mental health, giving further credence to the claim that problem gambling treatment and interventions are effective, even if there is some percentage of relapses and unsuccessful treatment with certain individuals. Treating Gambling Addiction Has Immediate Mental […]
Business
August 7, 2024
Super Group Posts Record Q2 Results Following US Exit
Super Group has published its financials for Q2 2024, outlining record-breaking revenues in the wake of its exit from the US market. Super Group Excels Following Its US Exit For Q2, the company reported revenue of €414.7 million ($453.2 million) marking an increase of 9% from €380.8 million in Q2 2023. The significant increase was […]
Lottery
August 7, 2024
Austin Man Wins $29M Lotto Texas Jackpot
A man from Austin has hit a huge jackpot, making them the Lone Star State’s newest millionaire. The player won $29 million from a lottery ticket and announced that they planned to retire and enjoy the rest of their life. The Player Won $29M from the Lottery The lucky player was playing Lotto Texas, winning […]
Business
August 7, 2024
ZEAL Publishes H1 Report, Highlighting Exceptional Results
ZEAL Network, Germany’s leading provider of lottery products, has published its H1 report, highlighting impressive financial success. As the company’s “strong growth path” continued, its group revenue increased by a whopping 40%. ZEAL’s H1 Metrics In the first half of 2024, ZEAL reported revenue of €76.8 million ($83.9 million), up 40% year-on-year. In addition to […]
Industry
August 6, 2024
Maryland Casino Sector Records Slowdown as July Revenue Declines
Maryland’s six casinos have generated almost $170 million in revenue in July 2024, marking a slight year-on-year decline. By extension, this led to a slight decline in the industry’s contributions to the state. Maryland’s Six Casinos Recorded Slightly Lower Revenue Maryland has six legal commercial casinos that offer both table games and video lottery terminals […]
Business
August 6, 2024
PrizePicks Designates Ex-Blizzard Prez Mike Ybarra as CEO
PrizePicks, North America’s largest daily fantasy sports operator, has reinforced its leadership team with a new C-suite appointment. As announced by the company, Mike Ybarra, former president of the video gaming giant Blizzard Entertainment, has joined its ranks as chief executive officer, effective immediately. Ybarra to Head the Next Phase of PrizePicks Growth In his […]
