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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 10, 2024
Bragg Maintains Positive Momentum, Posts Revenue Growth in Q1
Late in March, the global provider of iGaming technology and solutions, Bragg Gaming Group, released its 2023 results, pointing to strong growth. At the time, the company also updated its guidance and targets for 2024. At the same time, the company reiterated its intention to review strategic alternatives. With the review, Bragg seeks to identify […]
Sports
May 8, 2024
March Madness Sees 2K Cases of Bettor Harassment, NCAA Says
The nationwide expansion of sports betting granted bettors and sports fans in different US states access to legal betting in their home states. Yet, amid the expansion of wagering, concerns about the integrity of sports and the negative impact of betting continue to mount. Over the last couple of years, a number of scandals broke […]
Business
May 7, 2024
Mike Cardell Joins Scientific Games as SVP, Americas Systems
The leading retail and digital games supplier, technology, analytics and services provider, powering betting operators and government-sponsored lotteries across the globe, Scientific Games (SG), announced a new senior-level appointment. The company confirmed it appointed Mike Cardell for the role of senior vice president (SVP) of Americas Systems. Joining the company, the executive brings nearly two […]
Business
May 2, 2024
Online Gambling GGY in UK Rises in Latest Quarter but Retail Slows
The gambling regulator in the UK, the Gambling Commission, published its most recent data, uncovering insights regarding the number of bets, revenue and performance of the market for quarter 4 of the financial year 2023 to 2024, or the period between January and March. The latest data was compared year-over-year to quarter 4 of 2022 […]
Industry
May 1, 2024
Texans Favor Destination Resort Casino Legislation, Survey Reveals
Texas is among the states where lawmakers are currently attempting to expand gambling activities. The gambling expansion has become a hot topic in the state, where legislators are considering efforts toward the development of destination resort casinos, as well as the legalization of sports betting. Now, the results of a new study reaffirm that an […]
Industry
May 1, 2024
American Gaming Association Highlights Industry Outlook and Challenges
The United States gambling industry association, the American Gaming Association (AGA), released its latest Gaming Industry Outlook, disclosing a number of insights and details regarding the current business environment and the potential outlook for the sector in the country. The Association disclosed details regarding its latest report Tuesday, revealing that nearly all of the gaming […]
Industry
April 30, 2024
Illinois Gaming Board Takes Regulatory Actions in April Meeting
The gambling regulator in Illinois, the Illinois Gaming Board (IGB), held its monthly regularly scheduled meeting, addressing a number of issues and taking regulatory action. The latest meeting was organized last week, and the Board confirmed a number of regulatory actions. Focusing on video gaming, the gambling regulator approved licenses for three terminal operators, one […]
Casino
April 26, 2024
Petersburg City Council Greenlights The Cordish Companies Massive Project
Bruce Smith Enterprise and The Cordish Companies secured major approval for their proposed $1.4 billion dollar project, Live! Gaming & Entertainment District. The massive mixed-entertainment project is planned to be located in the City of Petersburg, Virginia, using land near the intersection of Wagner Road and Interstate I-95. The strategic location is expected to help […]
Business
April 26, 2024
Betsson Starts 2024 with Stellar First Quarter Results
The leading online gambling company with a strong presence across the globe, Betsson AB, released its interim results for the first quarter of 2024. On Friday, the company disclosed financial details regarding the three-month period between January and March this year, highlighting a number of important achievements, an increase in revenue and growth in the […]
Business
April 25, 2024
Churchill Downs Enjoys Exceptional 2024 Start with Strong Q1 Results
The parent company of Churchill Downs, Churchill Downs Incorporated (CDI), released its latest financial update. On Wednesday, the company disclosed insights regarding its performance for the first quarter of 2024 or the quarter that ended March 31, 2024. In its latest trading update, CDI highlighted strong growth in terms of adjusted EBITDA and net revenue. […]
