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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
March 8, 2024
Veikkaus Posts 2023 Results in Line with Expectations
The Finnish state-owned and monopoly operator, Veikkaus, released its latest financial report, uncovering details regarding its performance throughout 2023. Overall, Veikkaus Group’s sales revenue last year halted at €1.03 billion ($1.13 billion). This result, compared to the 2022 figure, showed a slight 3.5% decrease year-over-year. On the other hand, profits for the fiscal year reported […]
Industry
March 7, 2024
UK Gambling Minister Participates in Gambling with Lives Parliamentary Forum
Last year, the UK government released a review of the Gambling Act 2005, the biggest reform of the country’s gambling regulations in nearly two decades. This strategic review ultimately seeks to ensure the establishment of effective regulations that combat gambling harm and prevent gambling addiction in a time when the popularity of online gambling continues […]
Industry
March 5, 2024
BCLC Warns the Public about Online Casino Scams
The Crown corporation tasked with conducting and managing gambling activities in British Columbia (BC), the British Columbia Lottery Corporation (BCLC), warned the public about an increasing number of online scams. On Monday, the BCLC released a statement, warning the public that fraudulent online operators present themselves as legitimate BC casinos in an effort to collect […]
Sports
March 4, 2024
Sportradar: Suspicious Matches in Asia and Europe on the Rise
The world’s leading sports technology company, Sportradar, announced the release of its latest annual integrity report. The new annual report was released by Sportradar’s integrity unit, Sportradar Integrity Services, revealing insights regarding suspicious betting on global sport. The report, “Betting Corruption and Match-fixing in 2023,” revealed that 70 sports were monitored throughout last year. A […]
Sports
March 4, 2024
West Virginia Seeks to Protect Sports Athletes from Harassment
The statewide expansion of sports betting allowed bettors across the country to gain access to a legal form of wagering on sports. While sports aficionados and gamblers alike enjoy a legal market, states that have legalized the activity benefit from tax revenue that helps fund different educational programs and statewide initiatives. Yet, amid the expansion, […]
Business
March 1, 2024
Codere Online Enjoys Exceptional Q4 and 2023 Results
The leading online gambling operator with a presence in Latin America and Spain, Codere Online, released its latest unaudited financial results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Thursday, the company confirmed that for the quarter ended December 31, 2023, its reported revenues of €50.1 million ($54.2 million). […]
Industry
February 28, 2024
New York Sen. Addabbo to Participate in Problem Gambling Online Debate
March is recognized as the Problem Gambling Awareness Month, a period when different initiatives across the United States will take place, raising awareness of gambling addiction and problem gambling. One such important initiative will be an online Zoom meeting sponsored by New York Sen. Joseph P. Addabbo. The upcoming meeting will see the Senator join […]
Industry
February 27, 2024
Dutch Gambling Regulator Highlights 2024 Supervisory Objectives
The Netherlands Gambling Authority, Kansspelautoriteit (KSA), disclosed details regarding its focus for the year earlier this week. On Monday, the gambling regulator revealed that it will pay extra attention to a number of objectives that seek to make the sector safer and combat crimes. KSA’s objectives for 2024 are a part of its wider 2020-2024 […]
Casino
February 23, 2024
Fanatics Rolls Out iGaming and Sports Betting App in Michigan
Fanatics Holdings, the global digital sports platform, announced that its subsidiary, Fanatics Betting and Gaming, the leading betting and gaming platform, rolled out Fanatics Sportsbook and Casino in Michigan. The launch, completed on Thursday, enabled residents and visitors of the state to download Fanatics Sportsbook for Android and iOS devices and engage in exciting online […]
Legal
February 23, 2024
Bills in Florida Propose Increased Penalties for Illegal Gambling
Two bills that seek to increase the penalties for illegal gambling are making their way through the legislative process in Florida. One of the proposals is picking up speed in the state’s House, while the other one is gaining traction in the Senate. Clamping down illegal gambling and fighting the spread of illegal gambling machines […]
