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Angel Hristov's latest articles
Industry
April 22, 2024
Mississippi Gaming Commission Posts March Betting Report
The Mississippi Gaming Commission has published its Sports Wagering Report for March 2024, outlining the sports betting industry’s performance during the third month of the year. The figures reported by the regulator demonstrate a noticeable year-on-year decrease in revenue. Despite that, March’s results were significantly stronger than those reported in February. Central Mississippi was the […]
Business
April 22, 2024
Kindred Publishes Its Quarterly Journey Towards Zero Report
Kindred Group has published its new Journey Towards Zero report, highlighting the fluctuations in revenue from high-risk players. The initiative seeks to minimize the money the operator company makes from such players. According to Kindred, the first quarter of 2024 saw a slight increase in revenue from high-risk players to 3.2%. Additionally, the company reported […]
Industry
April 22, 2024
Study: Online Ads Blur the Lines between Gaming and Gambling
GambleAware, the United Kingdom’s leading gambling harm treatment charity, has published a new report that highlights children’s exposure to gambling ads. The study was carried out by CultureStudio Research, Family Kids & Youth and Sherbert Research and sampled children and young people between the ages of 7 and 25 and their families. The Qualitative Research […]
Business
April 19, 2024
The Star Gold Coast CEO Steps Down, Interim CEO Appointed
The Star Entertainment Group, an Australian casino and betting company, has parted ways with another C-suite member as the second NICC probe looms. As reported, Jessica Mellor, chief executive officer of Star Gold Coast, will step down after several months in the position. Mellor was appointed as the property’s chief operating officer in 2019 and […]
Business
April 19, 2024
888 Publishes Q1 Report, Targets Growth in Q2
Global gaming powerhouse 888 has published its trading update for the first quarter of the year (the three-month period ended March 31), reporting a slight increase in overall revenue. The company’s report highlighted group revenue of £431 million ($535.8 million), a figure that exceeds the £420-430 million guidance outlined in the company’s previous report. The […]
Industry
April 19, 2024
AGCO Tells Operators to Cease WBA Betting Amid Integrity Issues
The Alcohol and Gaming Commission of Ontario (AGCO) announced that all licensed sports betting operators in the Canadian province should stop offering and accepting wagers on World Boxing Association (WBA) games, effective immediately. The measure comes amid integrity concerns following a comprehensive review of WBA-related wagering activity. The regulator explained that it has been conducting […]
Legal
April 19, 2024
Court Rejects Effort to Get Baffert Trainee to Run in the Kentucky Derby
The Jefferson County Circuit Court has rejected thoroughbred owner Amr Zedan’s plea to allow his horse Muth to run in the upcoming Kentucky Derby. To contextualize, Muth is a horse trained by the controversial trainer Bob Baffert who was suspended in 2021. Baffert was suspended after one of the horses he trained, Medina Spirit, tested […]
Sports
April 19, 2024
NFL Reinstates 5 Players Who Were Suspended for Betting Offenses
The National Football League has decided to reinstate several players who had violated its strict rules on gambling. After skipping an entire season, the players will now be able to return to competing professionally. All five players in question were suspended for violating the NFL’s gambling policy in 2023. For context, the league’s strict stance […]
Business
April 18, 2024
FDJ Posts Q1 Results, Confirms Readiness to Acquire Kindred
La Française des Jeux (FDJ), France’s leading gaming operator, has published its Q1 results, reporting an increase in revenue. The group experienced significant growth across several segments and reaffirmed its acquisition of Kindred Group. Gaming revenue in France reached EUR 645 million ($688 million), up 3% year-on-year. Total revenue for Q1 2024, on the other […]
Business
April 18, 2024
Rank Group Posts Q3 Report, Highlights Strong Performance in UK & Spain
The Rank Group has published its financial report for the third quarter of the fiscal year (the quarter ended March 31, 2024). In its trading update, the company outlined increases across the board, just as expected by the board. The group’s LFL net gaming revenue (NGR) for Q3 stood at £182.3 million ($227.4 million), representing […]
