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Angel Hristov's latest articles
Business
March 20, 2024
Gambling.com Group Closes $50M Credit Facility with Wells Fargo
Gambling.com Group Limited, an award-winning performance marketing company serving the iGaming industry, has announced the closing of a new credit facility with Wells Fargo Bank in the principal amount of $50 million. The credit facility is comprised of a $25 million revolving credit facility and a $25 million term loan facility, the marketing specialist added. […]
Lottery
March 20, 2024
More Players Claim $1M Prizes After Missing Out on Powerball Jackpot
Another player has come close to winning the coveted $623 million Powerball jackpot, missing out on the huge prize by failing to match a single number. Despite that, the player will take $1 million back home, which is still a reason to celebrate. According to lottery officials, the winning ticket was sold in Michigan. It […]
Business
March 20, 2024
Everi Holdings Supplies AML Tech to Great Canadian
Everi Holdings, a leading provider of gaming content and products, bingo, loyalty programs and fintech solutions to the land-based and digital gambling industries, has unveiled a new major partnership. As announced by the company, it has been selected to supply Great Canadian Entertainment with its cutting-edge AML technology. Under the newly announced deal, Everi will […]
Business
March 20, 2024
Svenska Spel Enhances Management with New Appointments
Sweden’s state-owned gambling operator Svenska Spel has unveiled new appointments to its management team amid corporate reshuffles. As announced, the company will name the experienced Mikael Franzén and Lovisa Ekman as head of responsible gaming and head of IT respectively. Franzén, currently serving as IT director, will assume new responsibilities, taking up the newly created […]
Business
March 19, 2024
EGT Digital Injects Content from Local Studios into Bet365 Bulgaria
EGT Digital, a Bulgarian specialist in iGaming technology, has unveiled a major new partnership with bet365, one of the global leaders in gaming and sports betting. Under the deal, the former company will provide its new partner with content in the Bulgarian market. EGT Digital will leverage its cutting-edge game aggregation platform to supply popular […]
Industry
March 19, 2024
Denmark Records Lower Gambling Spend, iGaming Grows
Spillemyndigheden, Denmark’s gambling regulator, published a new statistic about the market’s performance in 2023. According to the authority, Danes spent a total of DKK 10.3 billion ($1.5 billion) on gambling in 2023. The figure, Spillemyndigheden added, represents a slight decrease of 1.7% year-on-year. The gambling regulator added that spending has been on the decline every […]
Business
March 19, 2024
DraftKings Strengthens Team with Major Internal Promotions
DraftKings announced two internal promotions, naming Jason Park and Alan Ellingson as chief transformation officer and chief financial officer, respectively. According to the company, Park, currently serving as CFO, will vacate the role to instead oversee the company’s transformational efforts. The newly created role will see him “lead initiatives to deploy cutting-edge technologies to capture […]
Casino
March 19, 2024
Survey: Over Half of North Carolina’s Voters Support Casino Resorts
Survey USA, a professional polling firm, was contracted by WRAL News to see how consumers in North Carolina feel about Las Vegas-style casino resorts. As it turns out, the people in the state, who just received online betting, are strongly supportive of the potential legalization of commercial casino resorts. Survey USA polled 850 adults and […]
Legal
March 19, 2024
Entain Says BetCity’s Failings Have Incurred Damages of $63-169M
Entain’s legal battle against BetCity’s former owners continues as the former company claims damages of between €58 million and €156 million ($63-$169 million). The former company used two different methods to calculate the damages, Casino Nieuws said. For reference, Entain acquired BetCity in a $482 million deal in January 2023. The major acquisition allowed the […]
Industry
March 18, 2024
UKGC Named One of Britain’s Best Workplaces for 2024
The UK Gambling Commission (UKGC) has once again been named as one of the United Kingdom’s best employers by Great Place to Work. The global authority on workplace culture continues to recognize the regulator’s efforts to nurture equity and create healthy workplace experiences for its employees. As announced by the UKGC, Great Place to Work […]
