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Angel Hristov's latest articles
Legal
July 16, 2024
Colorado Authorities Raid Illegal Gambling Dens
The authorities in Pueblo, Colorado, have raided an illegal gambling venue, seizing thousands of dollars in cash and dozens of illegal gambling machines. The operation aligned with Mayor Heather Graham’s vow to crack down on crime in the city. According to the announcement, the Pueblo Police Department executed search warrants on several local businesses believed […]
Business
July 16, 2024
Accel Entertainment to Acquire Fairmount Holdings in a $35M Deal
Accel Entertainment, a leading distributed gaming operator in the US, announced that it has entered into an agreement to acquire Fairmount Holdings, the owner of FanDuel Sportsbook & Horse Racing. The deal will see Accel Entertainment pay $35 million for the acquisition, payable to the sellers as 3.45 million shares of Accel Class A-1 common […]
Business
July 16, 2024
SkyCity’s New CEO Steps into the Office, New CFO Named
SkyCity Entertainment Group announced on July 15 that its newly designated chief executive officer has stepped into the office. Jason Walbridge, who was selected as the next CEO in April, succeeded Julian Cook, who transferred to a directorial role. In the meantime, Callum Mallett stepped down from the role of interim chief executive officer. Mallet […]
Industry
July 16, 2024
MGM China Hosted Unprecedented Responsible Gambling Course
MGM China announced that it has co-hosted the first of its kind responsible gambling training course in Macau. Alongside the Macao Federation of Trade Unions (FAOM) and the Macao Gaming Industry Employees Home Integrated Services Centre, the operator organized the Contributing a Harmonious Community – Responsible Gaming Promotion Ambassador certificate training course. While MGM acknowledged […]
Casino
July 16, 2024
Borgata Online Player Hits 2 Jackpots Totaling $1.4M in 9 Months
iGaming and betting juggernaut BetMGM announced that one player on its Borgata Online casino platform has won two jackpots within nine months. The operator celebrated the gambler’s success, releasing more details about the dual win. BetMGM elaborated that the winner is from Drexel Hill, Pennsylvania. They won two “The Big One Colossal Jackpots” on Bison […]
Business
July 15, 2024
The Star Makes C-Suite Appointments, Reports Systems Disruption
Australian casino and hospitality leader The Star Entertainment Group announced new appointments to its C-suite. In an ASX update, the gambling company announced that it has appointed an interim group chief financial officer, as well as a new chief executive officer of it’s the Star Sydney property. As per the announcement, Neale O’Connell will now […]
Lottery
July 15, 2024
Record-Breaking 63 Winners Hit Donghang Lottery Jackpot
An all-time high number of players have won the Donghang Lottery jackpot, beating the previous record. For reference, 50 winners guessed all lottery numbers correctly in June 2022, marking a historic moment in the lottery’s history. Now, however, the lottery provided prizes to a whopping 63 jackpot winners. The Korean Lottery Commission confirmed the figure. […]
Casino
July 12, 2024
Bally’s Corporation Secures $2B in Funding for Its Permanent Chicago Property
Bally’s Corporation has secured funding for its permanent casino in Chicago from Gaming and Leisure Properties thanks to a new lease arrangement. This will allow the former company’s property in the city to progress after a period of financial uncertainty. According to the announcement, an affiliate of Gaming and Leisure Properties agreed to acquire the […]
Industry
July 12, 2024
DOCV Questions GGL’s German Black Market Data
Germany’s online casino association Deutscher Online Casinoverband (DOCV) expressed disagreement with the Gemeinsame Glücksspielbehörde der Länder (GGL) recent update on the country’s regulated market. According to the former body, the regulator underestimated the black market. In an interview with iGamingBusiness, DOCV vice president and Entain regulator affairs council Simon Priglinger-Simader said that the GGL’s estimation […]
Business
July 11, 2024
Sportradar Extends UEFA Data Rights Deal by Three Years
Sportradar unveiled a multi-year extension of its exclusive betting data rights partnership with the European soccer governing body UEFA. In addition to that, the sports data specialist also extended its integrity partnership with the association. The expanded rights agreement now includes the non-exclusive right to distribute data to non-betting media, Sportradar announced. In addition, it […]
