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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
February 20, 2025
Aristocrat Moves to Strengthen Finances with New Buy-Back Plan
Global gaming giant Aristocrat Leisure Limited announced a new AUD 750 million ($480 million) share buy-back program aimed at debt repayment and shareholder value optimization. This move closely follows another substantial AUD 1.85 billion ($1.18 billion) buy-back initiative, demonstrating the group’s continued commitment to cost control and long-term growth strategies. A Prudent Financial Strategy Is […]
Industry
February 19, 2025
Vermont Lawmakers Push to Ban Online Sports Betting Just One Year After Legalization
Just a year after Vermont launched online sports betting, three state lawmakers are taking steps to bring down the entire industry. House Representatives Thomas Stevens (D), Troy Headrick (I), and Michael Mrowicki (D) have introduced House Bill H.133, aiming to repeal the law legalizing online sports betting and the state lottery. Online Sports Betting Is […]
Industry
February 19, 2025
Colombian Trade Body Raises Alarm over Increased Gambling Taxes
Colombia’s gambling sector faces increasing challenges after the government effectively imposed a 19% value-added tax (VAT) on online betting, stirring concern among regulators and industry stakeholders. The Colombian Federation of Gambling Entrepreneurs (Fecoljuegos) warned that the sudden tax increase could drive operators out of the market, destabilize state revenue streams, and fuel a boom in […]
Industry
February 18, 2025
VGW Raises Minimum Player Age to 21 amid Rising Scrutiny
In a landmark ruling for the online sweepstakes gaming sector, VGW, the operator of Chumba Casino, LuckyLand Slots, and Global Poker, has raised its minimum player age requirement from 18 to 21. The policy change, which takes effect on 19 February 2025, is broadly regarded as a tactical maneuver to advance responsible gaming measures amid […]
Legal
February 18, 2025
Ex-Star Executive Greg Hawkins Reaches Settlement with ASIC
Greg Hawkins, the ex-chief casino officer at Star Entertainment, has settled with the Australian Securities and Investments Commission (ASIC) regarding alleged misconduct involving Macau junket operators linked to organized crime. This development marks the second such settlement in recent months, as the ongoing saga surrounding Star Entertainment seems to be nearing its end. Hawkins Escaped […]
Business
February 17, 2025
FDJ Confident in Growth Despite French Tax Hike
Despite regulatory challenges and increased gambling taxes, La Française des Jeux (FDJ) is optimistic about its growth prospects for 2025 and beyond. The group’s robust 2024 performance, strategic adjustments, and multi-year action plan perfectly position it to mitigate the impact of recent tax increases and sustain its impressive momentum. Core Financials Remain Robust FDJ generated […]
Legal
February 17, 2025
Ex-Entain Executives Seek Legal Action over Privileged Information
Ex-Entain CEO Kenneth Alexander and former chairman Lee Feldman have filed a legal claim against the gambling giant and its long-standing legal adviser Addleshaw Goddard (AG) for alleged unauthorized disclosure of confidential information during a £615 million ($775 million) deferred prosecution agreement (DPA) regarding historic bribery failings. This case follows similar legal action against the […]
Legal
February 14, 2025
Koin and Everi Pause Litigation to Explore Settlement Options
A significant new development in the ongoing legal drama between Everi Holdings and Koin Mobile could lead to a possible settlement. The two entities have agreed to a 90-day pause in litigation, potentially seeking to negotiate an end to their ongoing dispute. The decision follows a 28 January settlement conference where the two parties and […]
Casino
February 13, 2025
Kewadin Casinos Slowly Recovering After Devastating Cyberattack
Kewadin Casinos, owned by the Sault Ste. Marie Tribe of Chippewa Indians, is gradually getting back on its feet after a ransomware attack shut down gaming operations across all five of its locations. The Sunday morning attack also impacted the tribe’s health centers and various businesses, leading to an immediate service shutdown. The Attack Damaged […]
Industry
February 13, 2025
Illegal Horse Race Betting in the UK Skyrockets 522%
The UK gambling black market has seen a troubling 522% surge in unique visits to unlicensed horse racing betting websites, leading to mounting concerns over regulatory policies unintentionally driving users away from legal offerings. A recent report by the International Federation of Horseracing Authorities (IFHA) revealed a spike in exposure to these unregulated platforms, prompting […]
