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Angel Hristov's latest articles
Industry
August 1, 2024
UKGC’s Q1 2024-25 Report Highlights Strong British Gaming
The United Kingdom’s Gambling Commission (UKGC) has published data about the British gambling industry’s performance in the first quarter of the fiscal year. The UKGC’s report compared the industry’s performance in Q1 FY 2024-25 to the results reported in the first quarter of the previous fiscal year. Results Increased Across the Board Q1, which covers […]
Business
August 1, 2024
Playson Secures B2B License from Peru’s MINCETUR
Playson, one of the leading suppliers of digital entertainment, has expanded its geographical footprint, securing approval to launch its games in Peru. The foray into yet another Latin American country aligns with the company’s ambition to reach even more players with its cutting-edge games. Playson Worked Tirelessly to Fulfill MINCETUR’s Requirements Playson said that it […]
Business
August 1, 2024
RSI Posts Strong Q2 Results Thanks to Operational Efficiencies
Leading iGaming and sports betting operator Rush Street Interactive (RSI) has published its financial results for the second quarter of 2024 (Q2). In its report, the company highlighted a strong position as revenue skyrocketed and net loss decreased. RSI Posted Favorable Metrics RSI’s Q2 2024 report outlined record-breaking revenue of $220.4 million, up 34% from […]
Business
August 1, 2024
Southwell Racecourse to Reopen After Extensive Refurbishment
Southwell Racecourse, a thoroughbred horse racing venue in Nottinghamshire, England, will finally return to full working capacity. According to the venue’s official announcement, its refurbishment has been completed, allowing it to completely reopen. The Damage Took Almost a Year to Fully Fix Southwell Racecourse, for context, suffered extensive flooding damage in October 2023 when Storm […]
Casino
July 31, 2024
Palms Casino Resort Visitor Scoops Up $2.1M Jackpot on a $3 Bet
An out-of-state visitor has won over $2.1 million playing slots in Las Vegas. The lucky player was visiting the Palms Casino Resort on the famed Vegas Strip when they won this life-changing sum. As it turns out, the spectacular prize was won on a $3 wager. The player in question was playing a Wheel of […]
Industry
July 31, 2024
ASA Dismisses Complaint against Coral Digivan Ad in Cheltenham
The UK Advertising Standards Authority (ASA) has evaluated a somewhat controversial ad promoting the products of betting operator Coral. However, the ASA decided that the billboard ad did not violate its rules. The advert in question was mounted on a digital billboard on a parked van in Cheltenham. It was published ahead of the Cheltenham […]
Business
July 31, 2024
WynnBet Exits New York, Downstate Casino Hopes Remain
WynnBet, one of the pioneers in the New York online sports betting market, will no longer be taking bets, heralding the coming of ESPN Bet to the Empire State. Wynn Is Winding Down Its Online Presence The Wynn-owned sportsbook stopped taking bets on Monday, putting an end to over two years of operation. New York […]
Business
July 30, 2024
IGT Posts Strong Q2 Results as Gaming and Digital Sale Looms
International Game Technology (IGT) has published its Q2 report, highlighting strong financial results. Revenue remained mostly stable during the period, despite a few minor setbacks. IGT’s Financials Were Stable Revenue for the period stood at $1.05 billion, marking a 1% decline from Q2 2023. This comprised $436 million of Gaming and Digital revenue and $613 […]
Sports
July 29, 2024
Maryland Regulator Clears Bally Bet for Launch
The Maryland Lottery and Gaming Control Commission (MLGCC) has cleared Bally’s Interactive for online sports betting launch in the state. This would mark the ninth state in which the gaming and betting operator’s online sports wagering products are available. Last week, Bally’s Interactive operated a demonstration of its Bally Bet brand, highlighting its technological capabilities […]
Industry
July 29, 2024
Study: Marginalized People Gamble to Cope with Social Exclusion
Leading gambling harm prevention and treatment charity GambleAware has published the results of a new study that suggests marginalized communities use gambling to cope with their social exclusion. The latest analysis was funded by GambleAware and conducted by The National Centre for Social Research (NatCen). It saw NatCen analyze 138 previous studies on the effect […]
