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Angel Hristov's latest articles
Industry
June 3, 2024
Trump Tops PredictIt Markets Despite the Guilty Verdict
Former US President Donald Trump, was just found guilty on 34 charges of first-degree falsification of business records, related to an affair with adult film star Stormy Daniels. Yet, political bettors’ backing for him has barely shifted. The guilty verdict had the notable effect of immediately causing a spike in political betting activity. PredictIt, a […]
Business
May 31, 2024
Kaizen Enhances Leadership with Two Major Appointments
Kaizen Gaming, a leading global GameTech operator, has unveiled a major leadership addition. According to the company, Aris Dimarakis, its chief operating officer, will now also undertake the role of deputy chief executive officer. According to Kaizen Gaming, Dimarakis will step into the office on June 1, 2024. As the company’s chief operating officer, Dimarakis […]
Industry
May 31, 2024
Safer Gambling Week to Kick Off on November 18, EGBA Confirms
The European Gaming and Betting Association (EGBA) has announced the official dates for this year’s European Safer Gambling Week, an industry event that celebrates and promotes responsible gambling. According to the association’s official announcement, this year’s European Safer Gambling Week will take place from November 18 to November 24, 2024. Companies within the industry are […]
Industry
May 31, 2024
BetDEX Exchange Celebrates Its Official Launch
BetDEX, the brainchild of Varun Sudhakar, co-founder of FanDuel, has officially launched, disrupting the sports betting industry. The launch of the decentralized betting exchange was officially announced by BetDEX Labs, which celebrated the occasion. BetDEX Labs describes its new exchange as a place for bettors who wish to wage at a great price with no […]
Industry
May 31, 2024
Swedish Court Lowers Sanction Levied against Mr Green
Sweden’s gambling regulator, the Spelinspektionen, announced that the Court of Appeal has lowered the sanction levied against Mr Green. The gambling operator was fined over anti-money laundering and social responsibility failings. The Spelinspektionen originally issued a penalty fee of SEK 1.5 million ($140,000) to Mr Green. The fine was handed to the gambling operator in […]
Industry
May 30, 2024
UK Gambling Reforms Face Uncertainty as Stuart Andrew Resigns
Rishi Sunak recently unveiled a snap election, much to the UK political sector’s surprise. As a possible leadership change looms, the gambling industry remains wary of the effect this change would have on the ongoing reforms. As if to add to the uncertainty, the UK gambling minister Stuart Andrew just announced his resignation. As of […]
Lottery
May 30, 2024
Massachusetts Player Wins $1M Playing Fabulous Fortune
A Massachusetts State Lottery player has won one million playing a scratch game, lottery officials announced. According to the state lottery operator, the player in question was playing the Fabulous Fortune scratch-off game. Fabulous Fortune tickets cost $10 and offer players a shot at a jackpot of $4 million. The winning ticket, the Massachusetts State […]
Lottery
May 30, 2024
IL’s Ultimate Diamond Jackpot Reaches the Unprecedented $1.6M
Illinois Lottery fans should be looking out for the largest Fast Play jackpot ever. The progressive jackpot for the Ultimate Diamond Jackpot game has hit the unprecedented sum of $1.6 million, promising to turn its eventual winner into a millionaire. For context, the top Ultimate Diamond Jackpot prize starts at $75,000 and continues to grow […]
Legal
May 29, 2024
SCOTUS to Consider the Future of Florida Betting on June 13
The conflict over sports betting in Florida continues and is now heading to the Supreme Court of the United States (SCOTUS). The controversial gambling compact between the Seminole Tribe of Florida and Gov. Ron DeSantis is set to be reviewed by the authority after a prolonged conflict. For context, the compact offered the tribal operator […]
Industry
May 29, 2024
Culinary Union Fails to Reach Definitive Deal with Virgin Hotels
The dispute between the Culinary Union and Virgin Hotels Las Vegas seems to be at a standstill as the two sides fail to define mutually agreeable terms. While the casino company recently offered a proposal, the union said that the terms were “unacceptable.” Virgin Hotels and the Culinary Union have been trying to reach an […]
