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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
February 12, 2024
DraftKings’ Executives Sell Nearly $80M Worth of Shares
A handful of high-level executives with DraftKings, the leading American gaming and entertainment company, have sold nearly $80 million worth of company shares over the last three weeks. Details regarding Form 144 filings disclosed by the company reveal that the dumping of shares began on January 22, 2024, while the latest Form 144 reports were […]
Business
February 9, 2024
Boyd Gaming Posts Stellar Q4 and Full Year 2023 Results
Boyd Gaming, the leading online and land-based gambling operator with a strong US presence, released its financial results for the fourth quarter and full year ended December 31, 2023, pointing to strong growth in revenue. The latest unaudited report emerged Thursday and saw the company report $954.4 million in total revenues for Q4 2023. Compared […]
Industry
February 8, 2024
Alabama Gov. Ivey Shows Support for Gambling Proposal
The 2024 legislative session in Alabama will focus on a number of issues, including election voting, education and gaming. State Gov. Kay Ivey issued her 2024 State of the State Address, highlighting a number of important initiatives that will be among the priorities for lawmakers this year. In her State of the State Address, she […]
Lottery
February 7, 2024
Maryland: $5M Lottery Prize Winner Plans to Keep Current Job
Currently, many popular online memes portray a picture of what will happen if a person wins the lottery along with the text “If I win the lottery I probably won’t tell anyone… but there will be signs.” But while many share their dream home or the goal to adopt hundreds of cute pet dogs and […]
Industry
February 7, 2024
Skill Games Added to Proposed FY 2024 Budget in Pennsylvania
For years, a battle has been raging over the legality of skill games in Pennsylvania. While supporters of such form of entertainment said that it provides a different experience than gambling and helps local businesses, opponents warned about the impact of skill games on the brick-and-mortar casino sector. Currently, skill games operate within a grey […]
Industry
February 7, 2024
Bill Proposes to Restrict Online Sports Betting Ads in Kansas
Kansas, a state with a population of nearly 3 million people, was among the US states that legalized sports betting back in 2022. After legislation was passed, legalizing the activity in May, on September 1, 2022, the state officially launched its retail and online sports betting market. Now, less than two years after the launch, […]
Industry
February 6, 2024
President Joe Biden Visits Las Vegas, Opposes Hidden Junk Fees
Additional fees that are often used to inflate the price of hotel and resort accommodation are also referred to as junk fees. Every year, millions of Americans planning their vacation are unpleasantly surprised by such fees, some of which are not disclosed until the very last moment, leaving them without any options but to comply […]
Industry
February 2, 2024
Online Gambling Bill in New York Undergoes Amendment
More than two years ago, New York launched its legal online sports betting market. Since then, different milestones have been surpassed, highlighting the success of the market and its exceptional potential. While online sports betting has been a blast ever since its launch, lawmakers in the state continue to pursue options for legalizing online gambling. […]
Business
February 1, 2024
Evolution Wraps up a Successful Q4 and 2023, Posts Strong Results
Evolution, the leading business-to-business supplier of technology, content and solutions, catering to the global gambling and betting industry, uncovered details regarding its fourth quarter and full year 2023 performance. The company’s latest financial update emerged Thursday, pointing to strong growth in operating revenues, EBITDA and operating profit. The latest trading update reveals that Evolution’s operating […]
Sports
February 1, 2024
Iowa Agency Defends Athletes Sports Betting Probe
The Iowa Department of Public Safety (DPS), the largest law enforcement agency that oversees a number of activities, including a subdivision that is in charge of gambling, issued a statement, joining the fueling debate regarding a sports betting scandal that involved Iowa State and Iowa athletes. The DPS confirmed that it usually doesn’t discuss such […]
