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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.
Business
May 28, 2024
Swedish Court of Appeal Lowers Sanction against Kindred from 2020
One of the largest iGaming operators across the globe, Kindred Group, secured a partial win in an ongoing dispute in Sweden over a sanction it received several years ago. On Monday, the Group confirmed the Administrative Court of Appeal in Jönköping reduced the penalty imposed against the company in 2020, which was SEK 100 million […]
Lottery
May 28, 2024
Powerball Grand Prize Survives Monday Draw, Surpasses $140M
Monday marked the latest drawing of Powerball, America’s popular lottery. The chances of winning the grand prize from the popular lottery game are 1 in 292.2 million and no one was lucky enough to guess correctly all winning numbers from the first drawing for the week. Powerball’s drawing on Monday saw winning white balls 9, […]
Business
May 27, 2024
Angelo Alberoni Takes Technical Director Role at IBJR
In March last year, nine recognizable gambling operators founded the Brazilian Institute of Responsible Gaming (IBJR). The foundation came at a time when the Latin American country already started to explore options for the legalization of online gambling and sports betting. This process is currently ongoing and Brazilian bettors may be able to place their […]
Casino
May 23, 2024
Miccosukee Casino & Resort to Open Smoking Room and Bar
Currently, there are two federally recognized Native American Tribes in Florida, the Seminole Tribe and the Miccosukee Tribe of Indians. Back in 1990, the Miccosukee Tribe entered the gambling sector after opening the Miccosukee Indian Bingo Hall. Several years later, the Tribe opened Miccosukee Casino & Resort, a premium gaming, entertainment and hospitality venue located […]
Poker
May 21, 2024
Montenegro Poker Game Costs Former Farage Advisor £16M
Reading your opponents, adapting to changing conditions, bluffing, maintaining focus, managing your finances and being overall disciplined are among the most important skills required for poker players. While most people may think that those skills can be learned while playing, this is certainly the hard way to learn them, and it usually comes at a […]
Business
May 20, 2024
Historic Sports Betting Week for New York and DraftKings
The second week of May proved to be a busy period for licensed sports betting operators in New York, data released by the gambling regulator, the New York Gaming Commission, reveals. Besides a busy period, the week that ended May 12 enabled DraftKings to set a new weekly revenue record. Previously, FanDuel held the revenue […]
Lottery
May 17, 2024
Lottery Winner of £4M Hides Jackpot from Family, Fiancée
A jackpot win can change a person’s life, including the lives of their family. While many dream of holding a million-dollar check while appearing on TV to celebrate their win, not everyone wants to show off their hefty fortune. This is precisely the case for a man who won a whopping £4 million ($5.1 million) […]
Business
May 15, 2024
Emmett Voices Concerns over PlayAGS Acquisition by Brightstar
Earlier this month, AGS (PlayAGS), the leading company offering a range of gaming experiences powering the gambling industry across the globe, confirmed it entered into a definitive agreement for an acquisition by affiliates of Brightstar Capital Partners (Brightstar). Brightstar offered a price of $12.50 per share, representing a 40% premium on AGS’ closing stock price […]
Lottery
May 14, 2024
Man in His 80s Wins $2 Million Lottery Prize While Shopping
Since the launch of Michigan Lottery’s Diamonds & Gold instant game, more than $19 million has been won by players. The game’s prizes start at $20 and go all the way up to a staggering $2 million. The latest winner who secured a top prize from the popular game is Hugh Leach, a Mason resident […]
Lottery
May 13, 2024
South Boston Man Wins $500K Jackpot from Virginia Lottery Scratcher Game
The Virginia Lottery currently offers a wide range of scratcher games. With dozens of games, prizes vary between $20 and the staggering $500,000. Last week one South Boston man collected the latter prize, after buying a Magnificent 7s scratcher ticket. The lucky man won the game’s $500,000 top prize after purchasing a ticket from the […]
