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Stefan Velikov's latest articles
Stefan Velikov
AuthorStefan Velikov is an accomplished iGaming writer and journalist specializing in esports, regulatory developments, and industry innovations. With over five years of extensive writing experience, he has contributed to various publications, continuously refining his craft and expertise in the field.
Business
April 3, 2025
Kalshi Lawyer to Join DOGE, Report Says
Eliezer Mishory, a lawyer at event-based trading platform firm Kalshi, is supposedly taking a position at the Department of Government Efficiency (DOGE) at the US Securities and Exchange Commission. Kalshi Lawyer to Join Musk’s DOGE, Rumors Say According to recent reports, Mishory, the chief regulatory officer and general counsel at Kalshi, is set to join […]
Industry
April 2, 2025
Kalshi Is Under Investigation by the Connecticut Department of Consumer Protection
Connecticut joins several other states in regulating Kalshi as concerns that sports event contracts resemble traditional sports wagering are rising. Connecticut Department of Consumer Protection Opens Investigation Into Kalshi Kalshi is now being investigated by the Connecticut Department of Consumer Protection. According to Kaitlyn Krasselt, a spokesperson for the regulator, Kalshi is suspected of operating […]
Legal
April 1, 2025
Noise Lawsuit Against Sphere Operators to Continue
A lawsuit filed by James Kay against The Sphere, The Venetian, and Clark County over excessive noise will proceed after a judge denied a motion to dismiss. The Sphere Noise Lawsuit to Continue, Judge Says Last week, District Court Judge Mary Kay Holthus denied the motion to dismiss the lawsuit against The Sphere, The Venetian, […]
Industry
March 31, 2025
Thailand’s Casino Bill Set for Parliamentary Discussion by April 9
Thailand’s cabinet has approved the Entertainment Complex Bill, which is to be debated in parliament by next week, but it also faces lots of criticisms. Thai Cabinet Moves Casino Bill For Discussion in Parliament The Thai Parliament could discuss the Entertainment Complex Bill, which is aimed at legalizing casino resorts in the country, by April […]
Sports
March 28, 2025
NBA, FIBA Announce Next Step to Creating a European League
The National Basketball Association (NBA) and the International Basketball Federation (FIBA) announced their next steps forward to making a separate NBA league in Europe. NBA and FIBA Announce European League Plans NBA commissioner Adam Silver and FIBA secretary general Andreas Zagklis discussed the two organizations’ plans to expand the NBA into the European scene. The […]
Industry
March 27, 2025
Football Pools Pays $485,000 Charge for AML Failures
Football Pools Limited was charged £375,000 ($485,000) by the UK Gambling Commission for failing to meet anti-money laundering and social responsibility standards between September 2022 and August 2023. The Company Agreed to Pay $485,000 for Its Shortcomings Football Pools Limited, one of the oldest legacy betting companies in the UK, has been charged £375,000 (around […]
Industry
March 26, 2025
2025 ASEAN Gaming Summit Records Great Success
The ASEAN Gaming Summit in Manila showcased the growth of the gambling industry, with insights from PAGCOR chairman Alejandro H. Tengco and discussions on emerging trends in gaming and technology. ASEAN Gaming Summit Emphasizes the Industry’s Growth and Success Last week saw the ASEAN Gaming Summit welcome thousands of attendees and dozens of companies from […]
Esports
March 24, 2025
Study Finds In-Game Spending on Roblox Has Negative Impact on Children
A study by the University of Sydney highlights how children struggle with misleading in-game spending features in Roblox and urges for more regulation. Study Examines the Effects of Roblox In-Game Purchases on Children Roblox is one of the largest gaming platforms globally, attracting more monthly users than both the Nintendo Switch and Sony PlayStation combined. […]
Industry
March 21, 2025
Money Laundering Concerns Rise over Cyprus Casino Cash Exemption
A new proposed bill in Cyprus suggests exempting casinos from the €10,000 cash transaction cap but some say this could facilitate money laundering, an activity against which the country has been fighting more intensely. Cyprus MPs Propose Controversial Casino Cash Exemption A bill to exempt casinos from the €10,000 (around $10,840) cash transaction limit has […]
Legal
March 20, 2025
Blake Brinklow Sentenced to 5 Years After Stealing $700K from Sick Parents
Blake Brinklow, a resident of Perth, Australia, has been sentenced to more than five years in prison after the jury found him guilty of stealing $700,000 from his parents to fuel his gambling addiction. Brinklow Sentenced to Five Years In Jail Blake Brinklow was found guilty of stealing hundreds of thousands of dollars from his […]
