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Deyan Dimitrov's latest articles
Deyan Dimitrov
AuthorDeyan is an experienced writer, analyst, and seeker of forbidden lore. He has approximate knowledge about many things, which he is always willing to apply when researching and preparing his articles. With a degree in Copy-editing and Proofreading, Deyan is able to ensure that his work writing for Gambling News is always up to scratch.
Industry
March 27, 2023
USA Online Sports Betting Expansion May Be Winding Down
Leading Deutsche Bank senior analyst Carlo Santarelli recently released a report on DraftKings, maintaining a Hold rating. He justified his decision with the unfavorable USA expansion conditions, reflecting on the political climate across the States. Santarelli predicted a slowdown in states adopting new sports betting legislation as compounding negative factors stifle progress. Operators Will Have […]
Industry
March 24, 2023
Brian Blake Bolsters IGT’s Leadership as the New VP of DEI
As VP of Diversity, Equity, and Inclusion (DEI), Blake will build on his previous successes with the NHL. His employee learning programs helped unify the organization and usher beneficial behavioral changes even among the senior executive team. Blake joins IGT at a pivotal moment for the company as it continues to pursue expansion through high-profile […]
Blockchain
March 23, 2023
French Lawmakers Seek to Block Crypto Promotions
The French National Assembly’s Economics Committee agreed to a new amendment curtailing influencers from advertising dangerous products. The proposed legislation received strong support and has a good chance of making it through the Assembly and Senate. If the amendment is passed into law, it will severely impact influencers promoting crypto assets. Crypto Assets Will Be […]
Blockchain
March 23, 2023
SEC Sues Eight Stars over Unlawful Crypto Promotion
On Wednesday, the US Securities and Exchange Commission (SEC) charged eight celebrities with the illegal promotion of Tronix (TRX) and BitTorrent (BTT) crypto tokens. The defendants allegedly used their social media presence to promote crypto investments to millions of followers without disclosing they were getting paid for their services. So far, six stars have opted […]
Business
March 22, 2023
Intralot’s New CCO Will Spearhead North American Expansion
The new appointment is the latest step amidst Intralot’s restructuring efforts. The gaming and lottery technology provider severely underperformed last year, but several promising high-profile agreements may herald substantial improvements. Bateson’s extensive industry experience and history of success may be just what the company needs to get back on its feet. The Company Is Trying […]
Business
March 22, 2023
Star Entertainment Appoints David Foster as Chairman amidst Ongoing Difficulties
The company is experiencing significant hardships after losing its New South Wales and Queensland licenses, owing hundreds of millions in fines and facing several class action lawsuits. Foster’s appointment is part of an ongoing process to remedy the company’s shortcomings, ensure compliance and contest unjust allegations. The new chairman remains optimistic regarding the company’s future […]
Casino
March 21, 2023
Dream Las Vegas Construction Stalls as Developers Run Out of Funds
Shopoff Realty Investments, one of the companies behind the project, is confident that the planned hotel is promising enough to draw additional investors. Rising inflation and other economic pressures almost doubled the construction costs, and the funding-related delays may push back the planned late 2024 launch. Despite ongoing difficulties, the developers remain optimistic and will […]
Industry
March 20, 2023
Gibraltar Faces Increasing Pressure as EU Cracks Down on “High-Risk Nations”
In December, the EC updated its rules regarding high-risk third countries. The nations included in the ignoble list face systemic anti-money laundering (AML) or countering the financing of terrorism (CFT) failings. The recent inclusion of Gibraltar deserves special mention, as the territory is one of the largest online gambling hubs. Tightening regulations may significantly hamper […]
Blockchain
March 17, 2023
DraftKings Faces Legal Woes as the NFT Market Tanks
DraftKings’ substantial investments into the NFT space have drawn their share of controversy as prices plummet and user interest wanes. The operator also faces a class action lawsuit for allegedly marketing its NFTs as securities without proper registration. DraftKings continues to press on with NFT-based promotions and partnerships and will likely continue to do so […]
Sports
March 16, 2023
AFL to Keep Gambling Ads despite Public Outcry
Australia’s highly competitive online gambling market means that operators are investing increasingly more into marketing to the chagrin of fans. A recent survey determined that most AFL viewers were quickly becoming fed up with the increased number of ads, with the majority in favor of a complete advertising ban. The League’s refusal to self-regulate also […]
