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Velimir Velichkov's latest articles
Velimir Velichkov
Co-editorWilliam Velichkov is a research-driven writer. His strengths lie in ensuring factual accuracy, vetting government documentation and reaching out to regulators and other officials. He is particularly fond of financial reporting, the sports betting industry, B2B partnerships and esports betting developments. William is a strong asset to the Gambling News team as he adds a bedrock to our reporting.
Lottery
April 9, 2025
Oregon’s $1.3BN Powerball Jackpot Winner Shares Experience
Early in April 2024, one Oregon player made history by winning the largest lottery prize in the state and the fourth-largest Powerball jackpot in the history of the game. A year has passed since and the lucky winner, Cheng “Charlie” Saephan, reflects on how the win changed his life. Powerball Jackpot Winner Reflects on Life […]
Industry
March 31, 2025
New York Lawmakers Endorse Citi Field Casino Proposal
There are nearly a dozen gaming and entertainment companies and coalitions planning their bid for one out of three casino licenses in New York. The process of securing one of the coveted licenses is complex and, for some bidders, requires rezoning of land. Such is the case for the proposal backed by the billionaire businessman […]
Industry
March 27, 2025
UK Gambling Commission Overhauls Rules on Promotions
Close to two years after the release of the White Paper following the review of the Gambling Act 2005, the Gambling Commission, the UK’s gambling regulator, continues to change the market rules with a goal of reducing harm and ensuring the regulations fit the digital age. In one such effort, new rules for gambling promotions […]
Industry
March 19, 2025
Economists Predict Higher Sin Taxes Will Affect Ohio Markets
Recently, Ohio Gov. Mike DeWine proposed an increase in sports betting taxes, marking another tax hike after the state already doubled its betting tax in 2023. The latest push seeks to generate funds for sports facilities across the state, among other initiatives. Experts Agree Increase in Gambling and Cannabis Taxes May Decrease the Harmful Effect […]
Industry
February 19, 2025
Lawmakers Renew Effort to Scrap Sports Betting Excise Tax
In another push toward the repeal of the federal excise tax on sports betting, the bipartisan co-chairs of the Congressional Gaming Caucus, reintroduced a proposal calling to eliminate the so-called “handle tax.” On Tuesday, Reps. Dina Titus and Guy Reschenthaler, reintroduced the legislation which proposes to eliminate the 0.25% federal excise tax on sports betting. […]
Industry
February 17, 2025
Nevada’s Rep. Horsford Pushes TIPS Act for Fair Wages
A Democrat from Nevada and a recognizable lawmaker reintroduced legislation seeking to eliminate a subminimum wage and exempt tips from taxes. The proposal, reintroduced by Reps. Steven Horsford (NV-04) and Donald Norcross (NJ-01), is in fact enjoying bipartisan support. TIPS Act to Eliminate “Inhumane” Subminimum Wage The two lawmakers announced the reintroduction of the Tipped […]
Lottery
February 5, 2025
Aussie Woman Wins $100M Oz Lotto Jackpot, Says She’s Done Working
A New South Wales, Australia resident, was about to fall asleep when she saw she had several missed calls. Her phone rang once again and when she picked it up, she was shocked to realize that she had just won Tuesday night’s Oz Lotto draw for a mind-blowing prize of AU$100 million ($62.8 million). Single […]
Casino
January 8, 2025
SL Green Boss to Earn $10M If Caesars NY Casino Bid Succeeds
Nearly a dozen gaming and entertainment operators are hoping to win one of three new downstate New York casino licenses. The process, which has been ongoing for several years, enters a key phase in 2025, considering that the winning bidders are expected to be announced by the end of the year. While bidders hold their […]
Industry
December 17, 2024
KSA Maintains Positive Momentum with Cruks Gambling Awareness Campaign
The Dutch gambling regulator, Kansspelautoriteit (KSA), announced the launch of a new education campaign that seeks to raise awareness of the dangers of problem gambling and encourage more people to self-exclude from the activity. “Pick up Your Life Again, Take a Gambling Stop” The announcement about the launch of the new campaign came from the […]
Industry
December 12, 2024
Florida Gambling Regulator Shuts Down Illegal Gambling Venues
Across the United States, gambling regulators and law enforcement constantly combat the illegal sector. Casinos without a license, illegal bookmakers or other establishments are often shut down by law enforcement while people involved in such unlawful activities face a range of punishments. In one such case from Florida, the state’s gambling regulator, the Florida Gaming […]
