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Angel Hristov's latest articles
Casino
April 5, 2024
South Korea Invests $1.85M in Kangwon Land to Ensure Its Competitiveness
South Korea’s government has unveiled a massive expansion of its Kangwon Land casino resort. The state-owned property will be remodeled to triple the area of its casino floor, allowing it to welcome more guests. The Kangwon Land gaming area, which covers 167,000 square feet currently, will be expanded to cover approximately 533,000 square feet. In […]
Industry
April 5, 2024
Florida Greenlights the Use of Gambling Compact Money for Environmental Projects
Florida Governor Ron DeSantis has greenlit the use of gambling money for environmental projects. By signing SB 1638 into law, DeSantis ensured millions of dollars for a wide range of programs, including the removal of invasive species and the creation and maintenance of a state wildlife corridor. Under SB 1638, the state will provide annual […]
Business
April 4, 2024
BVGroup Facilitates the Foray of Kaizen’s Betano into the UK
Kaizen Gaming, one of the fastest-growing gametech companies in Europe, has formed a partnership with BVGroup, an online gambling operator and B2B technology solutions provider. Thanks to the tie-up, the former company will get to launch its flagship Betano brand in the United Kingdom. The move will allow Kaizen Gaming to further expand its geographical […]
Business
April 4, 2024
NagaCorp Publishes Q1 Results, Highlights VIP Segment Growth
NagaCorp, a Hong Kong-listed gambling company, has published its unaudited operational highlights for the first quarter of the year, reporting a significant increase in gross gaming revenue. The company’s results were underpinned by a strong performance of the premium VIP market. In the three months ended March 31, 2024, NagaCorp recorded a total GGR of […]
Legal
April 4, 2024
Police Chase after Casino Shooting Suspects; Arrest Three
Three people, believed to be the culprits behind an attack in Little Creek Casino have been apprehended by the police following a two-county chase. The police believe that the suspects are responsible for the shooting of two victims at the Washington State property’s parking lot. Located in Shelton, Little Creek Casino became the location of […]
Industry
April 4, 2024
Dutch iGaming GGR Growth Is Slowing Down, KSA Says
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), has published data about the legal iGaming industry’s performance in 2023. According to the authority, the gross gaming revenue of licensed operators increased, although the growth rate slowed down compared to the previous year. In 2023, the total GGR reached EUR 1.39 billion ($1.51 billion), up from EUR […]
Business
April 4, 2024
Entain’s Barry Gibson to Retire, Stella David Named as Next Chair
Global betting and gaming giant Entain will be undergoing another internal reshuffling as chair Barry Gibson announced his decision to step down from the board. He will be succeeded by Stella David, the company’s interim CEO. According to the announcement, Gibson will step down by September 2024. If Entain succeeds in finding a suitable permanent […]
Business
April 4, 2024
Kambi Tribal Report: Most Bettors Reinvested Their Winnings
Kambi has published its Tribal Sports Betting Report 2024, highlighting a dramatic increase in betting handle among its tribal operator partners. According to the group, its North American tribal clients saw a handle increase of 128% between 2022 and 2023. The increase in handle was driven by a number of factors, including the growing popularity […]
Business
April 3, 2024
Pragmatic Play Supplies Slot Games and Live Casino to Hommerson Casino
Pragmatic Play, a leading supplier of iGaming content, has agreed to provide games to Hommerson Casino, one of the newest actors in the Netherlands’ online gaming market. As agreed, the former company will supply the newly launched casino brand with its portfolio of cutting-edge slots. The addition of Pragmatic Play’s content will provide Hommerson with […]
Business
April 3, 2024
XLMedia Completes Sale of Freebets to Gambling.com
Betting media agency XLMedia has confirmed the completion of its recent deal with the performance marketing specialist Gambling.com Group. As previously agreed, the former party divested its sports betting and gaming assets in Europe and Canada in a $42.5 million deal. The agreement includes a fixed consideration of $37.5 million, which will be paid out […]
