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- Velimir Velichkov
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.
Sports
January 23, 2024
RAS Agrees to Power Stake’s Horse Racing Offering
The leading provider of fully integrated premium data, content and technology solutions, catering to the global betting and racing industries, Racing and Sports (RAS) Technology Holdings, announced a new groundbreaking partnership with Stake.com, one of the largest online casinos and sportsbooks across the globe. Details regarding the new two-year partnership emerged Monday. Per the terms […]
Lottery
January 22, 2024
Virginia Lottery Extends and Enhances Partnership with IGT
The leading supplier of technology and solutions, powering gaming and lottery operators across the globe, International Game Technology (IGT), announced a partnership extension with the Virginia Lottery. Announced Monday, the new collaboration extends the partnership between the duo for three years through October 2033. IGT confirmed that the deal was signed between the Lottery and […]
Business
January 22, 2024
Kindred Posts Strong Q4 Results amid Takeover Bid from FDJ
The leading global online gambling operator, Kindred Group, released a new report, highlighting details regarding its fourth quarter and full year 2023 performance. The new preliminary financial report revealed that the overall revenue of the company for Q4 2023 hit £312.9 million ($398 million). This result marked an increase of 2% when compared to the […]

Sports
January 19, 2024
Northville Downs to Close Current Location, Plans Opening of New Venue
After operating for 80 years, Northville Downs, Michigan’s last horse racing track, will discontinue its operations at its current location as of early next month. Details released by the gambling regulator in the state, the Michigan Gaming Control Board (MGCB), reveal that the final race for Northville Downs at its current location at 301 S. […]

Industry
January 19, 2024
Fintrac Highlights Risks of Money Laundering for iGaming Businesses
Canada’s financial intelligence unit, anti-money laundering and anti-terrorist financing supervisor, the Financial Transactions and Reports Analysis Centre of Canada (Fintrac), released a new report, focusing on online gambling and highlighting different ways criminals exploit the sector to launder ill-gained funds. In its report, Fintrac acknowledged the growth of the online gambling sector, propelled by the […]

Sports
January 19, 2024
DraftKings Teams up with TUMS for a New Free-to-Play Game
Ahead of Super Bowl LVIII, one of the most anticipated football events across the United States, TUMS, an antiacid brand, joined forces with DraftKings, the leading betting and gaming operator, for the launch of TUMS Prop Bites, a new free-to-play game. The game, described as a “first-of-its-kind platform where fans can make their free food […]
Business
January 18, 2024
Flutter Posts Strong Q4 Results, Plans to Retain Momentum in 2024
The globally recognized betting and gaming operator, Flutter Entertainment, released its latest trading update, uncovering details regarding the company’s performance for the fourth quarter of 2023. The new unaudited report emerged Thursday and highlights strong growth in terms of revenue and the number of average monthly players (AMPs) for the latest trading period. Flutter posted […]
Business
January 18, 2024
Study Suggests Indiana Can Rake in Millions in Tax Revenue from iGaming
Currently, less than ten US states offer legal online gambling activities. Unlike sports betting which is available in close to 40 states, iGaming activities are yet to lift off and expand across the country. Major online gambling markets are New Jersey, Pennsylvania, as well as Michigan. Considering the benefits the activity can bring, different states […]
Casino
January 18, 2024
Las Vegas Workers Ready for Strike Ahead of Super Bowl
Super Bowl LVIII, one of the most-anticipated National Football League (NFL) events for the year, is scheduled to take place on February 11, 2024, at Allegiant Stadium in Las Vegas, Nevada. While there are plenty of festive activities planned throughout the week before the game, Sin City visitors may see hospitality worker picket lines in […]
Business
January 17, 2024
Massachusetts Casinos, Betting Operators Post Strong December Results
The gambling regulator in Massachusetts, the Massachusetts Gaming Commission (MGC), released its latest report Tuesday, outlining details regarding the performance of licensed sports betting and casino operators for December. Last month marked a strong period for brick-and-mortar casinos and sports betting operators, considering that the total taxable gaming revenue hit $163.6 million. This result marked […]