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Angel Hristov's latest articles
Business
May 15, 2024
CDI Opens 122-Room Hotel at Terre Haute Casino Resort
Churchill Downs Incorporated (CDI) has officially opened its new 122-room hotel and event center at Terre Haute Casino Resort. The new addition to the Indiana property is set to add additional vibrancy to the complex. CDI broke ground on the entertainment venue in June 2022 in partnership with construction specialist Wilhelm Construction. The development of […]
Business
May 15, 2024
IGT Publishes Strong Q1 Report & FY 2024 Outlook
International Game Technology (IGT) has published its Q1 report, outlining stable revenue. The international gambling giant has also published its full-year outlook for 2024. In the quarter ended March 31, IGT reported revenue of $1.07 billion, up 1% from the prior year period. The favorable metric was underpinned by the strong performance of the company’s […]
Blockchain
May 15, 2024
Cypher Protocol Contributor Admits to Stealing $260K to Gamble
A core contributor to the Solana exchange Cypher Protocol has stolen hundreds of thousands of dollars to fuel their gambling addiction. The thief, hoak, eventually admitted to the wrongdoing, saying that they don’t expect to be forgiven. Hoak’s crime came to light when another Cypher contributor by the nickname Barrett alleged that the former person […]
Business
May 13, 2024
888 Rebrands as Evoke as Shareholders Approve New Identity
Gambling powerhouse 888 announced that it has officially completed its rebranding as evoke. The new identity is meant to better reflect the company’s multi-brand operating model and mission to provide cutting-edge entertainment to players. The move received almost unanimous approval as approximately 99.8% of shareholders voted in favor of the group’s name change. As evoke, […]
Casino
May 13, 2024
Potawatomi Casino Hotel to Host a Snoop Dogg Concert
The Potawatomi Amplified Concert Series will welcome Snoop Dog as its initial headliner, engaging Potawatomi Casino Hotel guests with an unforgettable performance. The casino and hospitality venue will host this concert outdoors and will welcome almost 5,000 patrons. The temporary concert venue will be set up on the former Cargill lot and will cover up […]
Casino
May 10, 2024
International Entertainment Corporation Takes Over Manila Casino
International Entertainment Corporation (IEC) announced that it has officially begun its limited operation of the casino at its New Coast Hotel property in Manila. The company is set to officially take over full casino operations from the PAGCOR on May 11. The Board is pleased to announce that on 9 May 2024, the Group has […]
Business
May 10, 2024
SJM Holdings Posts Stellar Q1 Results as Post-COVID Recovery Continues
SJM Holdings, a leading owner, operator and developer of casinos and integrated entertainment resorts in Macau, has published its unaudited results for the quarter ended March 31. The company reported Q1 group net gaming revenue of almost HKD 6.5 billion ($830 million), far exceeding the HKD 3.7 billion reported in Q1 2024. In the meantime, […]
Business
May 10, 2024
Playtika Posts Q1 Report, Unveils Share Buyback Program
Playtika, an Israeli digital entertainment company specializing in the development and publication of mobile games, has posted its results for the period ended March 31, 2024. The company reported a slight decrease in revenue and published its FY 2024 guidance. Playtika’s revenue for the period increased by 2.1% sequentially to $651.2 million. However, this figure […]
Industry
May 10, 2024
Betfair Becomes CR Vasco Da Gama’s Principal Sponsor
British gambling company Betfair has penned a sponsorship agreement with CR Vasco da Gama, a soccer club from Rio de Janeiro, Brazil. This is notably the biggest sponsorship agreement in the club’s history. According to Vasco’s announcement, the deal is valid through December 31, 2025, and could be renewed for up to two more seasons. […]
Business
May 9, 2024
Mohegan Sets New Quarterly Revenue Record in Q2
The Mohegan Tribal Gaming Authority has published information about Mohegan’s operating results for its second fiscal quarter ended March 31, 2024 (Q2). The tribal gaming company reported an all-time-high quarterly revenue figure and highlighted some of its most noteworthy Q2 achievements. As mentioned, Mohegan’s Q2 net revenue increased 13.8% year-on-year to $461.7 million, setting a […]
