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Angel Hristov's latest articles
Business
April 15, 2024
Relax Gaming Appoints Martin Stålros as CEO
Relax Gaming, a leading iGaming supplier and aggregator, has designated Martin Stålros as its new chief executive officer. In this position, Stålros will replace the outgoing Simon Hammon who has served as CEO since 2022. The latter will remain on board until October to ensure a smooth transition of responsibilities. Stålros is no stranger to […]
Industry
April 15, 2024
ASA Asks Marketers to Remain Compliant Ahead of UEFA EURO 2024
The UK’s Advertising Standards Authority (ASA) has asked marketers to remain compliant ahead of the UEFA EURO 2024 soccer championship. According to the authority, operators should not “hedge their bets with their ads.” As the highly anticipated tournament approaches, the ASA released a few tips to marketers, asking them to not make misleading endorsements just […]
Industry
April 15, 2024
Brit Who Lost £50K to Gambling Encourages Others to Seek Help
Dan Bateman, a 34-year-old man from Carlisle, spent years struggling with gambling addiction. He started wagering as a teenager and eventually let what was at first just a hobby consume his entire life. In an interview with inews, Bateman explained that he started betting as a teen when he would give adults £1 to place […]
Industry
April 15, 2024
VGCCC Hands $32K Fine to BlueBet over Illegal Billboard Ads
The Victorian Gambling and Casino Control Commission (VGCCC) has fined BlueBet, ordering it to pay the regulator’s agreed costs. According to the official announcement, the gambling operator was found guilty of 43 charges of displaying gambling advertising on or above a public road. For reference, such display of gambling advertisements is illegal in the Australian […]
Poker
April 15, 2024
Poker Pro Dan Shak Settles Spoofing Allegations with CFTC
Dan Shak, a semi-professional poker player and hedge fund manager, has reached a settlement with the Commodity Futures Trading Commission (CFTC) two years after he was charged with spoofing. While Shak was confident that he could have prevailed at trial, he decided that resolving the matter quickly was more important. According to CFTC’s allegations, Shak […]
Sports
April 12, 2024
IOC-UEFA Workshop Promotes Collaboration in Betting Fraud Prevention
As the Olympic Games Paris 2024 and the UEFA EURO 2024 approach, representatives of the International Olympic Committee (IOC) and UEFA convened to discuss the integrity of sports betting. The workshop was held on April 11 at Olympic House in Lausanne and allowed the two organizations to align their approaches to sports betting entities. The […]
Industry
April 12, 2024
GambleAware Highlights Support Network’s Efficiency in New Report
GambleAware announced that support for people experiencing problems with their gambling is faster than ever. According to the latest National Gambling Support Network figures, problem players were offered treatment sessions with a trained professional in three and a half days on average between October and December 2023. Additionally, organizations within the network that are highlighting […]
Industry
April 12, 2024
New Jersey Bill Proposes Online Gaming and Betting Tax Hike
New Jersey lawmakers want to drastically raise the iGaming tax, mirroring the high taxation rates in other states where online gambling is legal. Under Senate Bill 3064, New Jersey’s tax for online gambling would skyrocket to 30%. For reference, online casino operators in the Garden State currently have to pay a tax of 15% plus […]
Business
April 12, 2024
GeoComply Supplies Sightline with ID Verification Solutions
Leading fintech company Sightline has formed an exclusive partnership with GeoComply, a compliance and anti-fraud tech solutions leader. Under the deal, the two parties will bolster the security and efficiency of digital transactions in regulated gaming. As per the deal, GeoComply will integrate its cutting-edge IDComply identity verification solution and compliance-grade geolocation tools into Sightline’s […]
Industry
April 12, 2024
IGT Mints Four New Millionaires in March
International Game Technology (IGT), a global leader in the provision of gaming content and technology, announced that its Wheel of Fortune and Powerbucks slot games have awarded four life-changing jackpots in March alone. In total, IGT’s slot games handed jackpots totaling more than $5 million in March, according to the company’s official announcement. The first […]
