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Angel Hristov's latest articles
Industry
May 29, 2024
MGC Fines Fanatics for Offering In-State College Bet
The Massachusetts Gaming Commission (MGC), the state’s gambling regulator, has issued a fine of $10,000 to Fanatics Sportsbook. According to the authority, the gambling company violated the state’s betting rules by allowing customers to wager on an in-state collegiate sports team. The bet in question was placed in December last year. The MGC learned that […]
Industry
May 28, 2024
Court Revokes Spelinspektionen’s Cease Order against Zimpler
Zimpler, a provider of payment solutions, has successfully appealed an order from the Swedish regulator (Spelinspektionen) to stop providing its BankID services to unlicensed companies. The development follows an order issued in 2023. On July 6, 2023, the Spelinspektionen ordered Zimpler to cease providing BankID payment service solutions to gambling companies that are not licensed […]
Lottery
May 28, 2024
VA Woman Wins $50K Powerball Prize Thanks to Fortune Cookie
Everybody loves fortune cookies but few take the fortunes they get too seriously. A woman from Virginia, however, did just that and turned a small piece of paper into a $50,000 payday. Tierra Barley, a local, cracked open a tasty fortune cookie treat only to find several lucky numbers printed on the piece of paper […]
Poker
May 28, 2024
WPT Cancels Its Historic Poker Tournament in Macau
The World Poker Tour announced that its WPT Macau event, set to take place in June, will not move forward. The poker company couldn’t provide an exact reason for the sudden cancelation but said that it is looking forward to hosting other events in the region. The official announcement was shared by the WPT’s official […]
Industry
May 24, 2024
MGA’s GREF 2024 Conference Underscored the Importance of Unity in Regulation
The Malta Gaming Authority just hosted the Gaming Regulators European Forum’s (GREF) 2024 conference in Malta. The important event took place from May 20 to 22 and was attended by more than 90 representatives of regulatory bodies from over 25 countries. This year’s event welcomed regulators from other continents for the first time, expanding the […]
Industry
May 24, 2024
KSA to Take Stricter Action against Halls without Permits
The Dutch gambling regulator Kansspelautoriteit (KSA) announced that it will enforce stricter measures in order to combat illegal gambling machines. This announcement was prompted by the increasing number of reports about violations in the Netherlands. According to the KSA, the authority continues to receive reports about operator companies that do not comply with the Dutch […]
Business
May 24, 2024
Kindred Announces Major Shifts in Shareholding
Kindred Group, one of the world’s leading iGaming operators with business across several continents, has announced changes in the stakes held by two of its most prominent shareholders. In three consecutive updates, the company announced that The Goldman Sachs Group and JPMorgan Chase & Co have modified their respective shares in the company. Both companies […]
Business
May 23, 2024
DraftKings Completes $750M Acquisition of Jackpocket
In February, DraftKings finalized a $750 million acquisition deal with Jackpocket, a prominent lottery app in America. The transaction has now been officially completed, cementing the former company as the owner of the leading lottery specialist. Jackpocket is an app that has been favored by millions of customers across the US. Thanks to its innovative […]
Industry
May 23, 2024
Dutch Study: Offshore Operators Allow Minors to Gamble
The Dutch arm of Quality Mark for Responsible Affiliates – Keurmerk Verantwoorde Affiliates (KVA) – has published a new study that shows how easy it is for minors to gamble with unlicensed companies. While legal operators can only offer gambling to players over 18, their illegal counterparts often allow customers to open accounts and deposit […]
Business
May 22, 2024
4ThePlayer Secures License in Pennsylvania
4ThePlayer, an award-winning creator of player-centric, innovative gambling games, announced that it has secured a new license in Pennsylvania. According to the announcement, the Pennsylvania Gaming Control Board (PGCB) approved the company’s participation in the Commonwealth’s online casino market at a recent meeting. This marks yet another major development for the up-and-coming company and aligns […]
