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Angel Hristov's latest articles
Casino
May 20, 2024
Mohegan Sun Visitor Wins $483K Super 4 Progressive Jackpot
A lucky casino goer from Nassau Country, New York, has won a life-changing jackpot after a visit to the Mohegan Sun casino in Connecticut. On Monday, the guest hit a $483,622.40 prize playing blackjack at the tribal venue. The visitor won the Super 4 Progressive Jackpot – a prize offered to customers who place an […]
Business
May 17, 2024
XLMedia’s FY 2023 Results Decrease amid Internal Restructuring
Sports and gaming digital media company XLMedia has published its audited results for FY 2023, outlining significant declines across the board. Key highlights included revenue of $50.3 million, down 29% year-on-year. For comparison, the company’s revenue for FY 2022 stood at $70.9 million. The decline in revenue resulted in a 26% decrease in gross profit […]
Business
May 17, 2024
AGT Parts Ways with CTO Bollesen with Immediate Effect
Ainsworth Game Technology (AGT) is parting ways with David Bollesen, its chief technology officer. The news was confirmed on May 16 in an official ASX announcement. The Australian Exchange filing noted that Bollesen is departing from the company “on mutual agreement, with immediate effect.” The company acknowledged his contributions and expert input and wished him […]
Industry
May 17, 2024
Maryland Buys Pimlico Race Course, Sets Out to Renovate the Track
The state of Maryland has agreed to purchase the historic Pimlico Race Course in a $1 deal. As the home of the Preakness Stakes, the Baltimore race track is of crucial importance to the Triple Crown, one of the most highly-anticipated events in the American racing calendar. According to the arrangement, Maryland will run the […]
Business
May 17, 2024
Gambling.com Group Posts Impressive Q1 Results, Updates Outlook
Gambling.com Group, a provider of digital marketing services to partners within the online gaming industry, has published its financial report for the period ended March 31, 2024. The quarter saw many of the company’s metrics increase, sparking confidence in its ability to generate revenue. Speaking of revenue, the company reported $29.2 million in revenue for […]
Industry
May 16, 2024
BGC Welcomes DCMS’ Proposed Casino Modernization Measures
Britain’s Betting and Gaming Council (BGC) commented on the recent casino modernization proposals by the Department for Culture, Media and Sport (DCMS), praising the efforts to align the UK casino regulations with the modern age. For context, the DCMS outlined a number of “modest but mission-critical” modernization measures in its white paper consultation response. The […]
Industry
May 16, 2024
AGA: Q1 2024 Was the Industry’s 13th Consecutive Quarter of Growth
The American Gaming Association has published its latest Commercial Gaming Revenue Tracker report, highlighting the performance of the US industry. The commercial gaming revenue in the US continued to gain traction, reaching a new quarterly record of $17.67 billion in Q1 2024. This period was notably the industry’s 13th consecutive quarter of growth. The AGA […]
Industry
May 16, 2024
MGC Publishes Q1 Sports Betting and Casino Report
The Massachusetts Gaming Commission has published information about the performance of the local gambling industry, highlighting a decline in taxable sports wagering revenue. Whereas the state’s eight mobile and three in-person sports betting licensees reported $58.9 million in revenue in April 2023, they now generated only $49.12 million. Despite an increase in player spending, the […]
Industry
May 16, 2024
ANJ: France’s Gambling Mediator Recorded an 11% Increase in Requests
L’Autorité Nationale des Jeux (ANJ) has published information about the performance of France’s gambling mediator. According to the French authority, the mediator received a total of 1,523 requests in 2023, marking an increase of 11% year-on-year. The mediator is responsible for helping players and operators reach amicable settlements to disputes that may arise within the […]
Business
May 16, 2024
Aristocrat Publishes Outstanding H1 Financials
Aristocrat has published its H1 report, outlining “outstanding” financials. The six months were characterized by strong profit growth, resilient operational performance and momentum, the company reported. In the first six months of the fiscal year, Aristocrat recorded a 6% growth in revenue to AUD 3.2 billion ($2.12 billion). The company attributed the favorable results to […]
