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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 2, 2024
Lottery Legalization Enjoys Bipartisan Support in Nevada
There are plenty of gambling activities Nevada offers. The state is after all the home of Las Vegas, famous across the globe as the gambling capital of the world. Yet, despite the glamorous luxury hotel and casino resorts, plenty of retail and mobile sports betting options, Nevada remains among a handful of states that currently […]
Lottery
March 28, 2024
Powerball Grand Prize Soars to $935M for Upcoming Drawing
Wednesday marked the latest drawing of the popular lottery game, Powerball. While millions of lottery aficionados tried their luck, no one was able to hit the game’s jackpot. After the latest drawing, the grand prize from Powerball has now surpassed $900 million for the first time this year. The jackpot from Powerball is estimated at […]
Business
March 28, 2024
Harris Hagan to Elevate David Whyte to Partner Role
Harris Hagan, the company with the largest dedicated gambling legal and regulatory team in the United Kingdom, announced a senior-level promotion. The firm has announced it has decided to promote its senior associate, David Whyte, to the role of partner. Taking the role of partner as of April 1, 2024, Whyte joins Bahar Alaeddini and […]
Business
March 28, 2024
888 Confirms Intention to Sell US B2C Assets to Hard Rock Digital
The leading gaming and entertainment company, 888 Holdings, currently has a presence in four US states. The company has established iGaming operations in New Jersey, offers sports betting in Virginia and Colorado and has iGaming and sports betting presence in Michigan as well. Earlier this month, 888 confirmed it engaged in a review of its […]
Business
March 27, 2024
Allwyn Reports Solid Results and Growth in Q4 and 2023
The leading lottery company with a strong presence across the globe, Allwyn, released its latest financial update Wednesday. The company uncovered details regarding its performance for the fourth quarter and full year 2023. Besides the preliminary figures, Allwyn highlighted achievements completed during and after the trading period which ended December 31, 2023. For the twelve […]
Business
March 25, 2024
BetMakers Starts Search for New Chief Financial Officer
BetMakers Technology Group, the leading international provider of business-to-business betting data, technology, services and solutions, announced changes to its senior-level team. In a statement on Monday, the company said that its chief financial officer (CFO), Anthony Pullin, confirmed his intention to resign from his role with the company. The executive first joined BetMakers five years […]
Lottery
March 25, 2024
Mega Millions Jackpot Soars to $1.1bn, Powerball Grand Prize Hits $800M
Friday marked the latest drawing of Mega Millions, the popular lottery game played across the United States. Despite the hype surrounding the billion-dollar jackpot of the game, nobody was able to guess correctly Friday night’s drawing winning numbers which included white balls 3, 8, 31, 35 and 44 and the gold Mega Ball 16. Considering […]
Industry
March 22, 2024
Massachusetts Gov. Healey Names Jordan Maynard MGC Interim Chair
Recently, the gambling regulator in Massachusetts, the Massachusetts Gaming Commission (MGC), announced that its chair, Cathy Judd-Stein, plans to step down. In light of this, the regulator initiated a search for a permanent replacement. On Thursday, the MGC confirmed that the Office of Gov. Maura Healey confirmed the appointment of commissioner Jordan Maynard to the […]
Business
March 21, 2024
Sportradar Posts Exceptional Q4 and Full Year 2023 Results
The leading global sports technology company, Sportradar, released its latest financial update, uncovering details regarding its performance for the fourth quarter and full year 2023. The company confirmed that its revenue for 2023 hit €877.6 million ($957.3 million) a result that marked a 20% year-over-year increase. The growth was driven primarily by an increase in […]
Sports
March 21, 2024
Cavs’ J.B. Bickerstaff Discloses Gambling-Related Threats
Since 2018, legal sports betting has been expanding across the United States rapidly. To date, nearly 40 US states offer some form of betting, allowing sports aficionados and bettors alike to engage in the activity through legal means. But while betting provides economic stimulus for states and grants fans a legal way to wager, fears […]
