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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.
Industry
November 22, 2024
Civil Disobedience During Culinary Union Strike Results in Arrests
Dozens of hospitality workers in Las Vegas were arrested recently after engaging in a peaceful protest at an off-strip hotel casino. 57 People Arrested at a Demonstration on Paradise Road The strike of Virgin Hotel Las Vegas workers ahead of the Grand Prix started last week. After seven days, members of the Culinary Union and […]
Industry
November 13, 2024
Illegal In-Play Bets Result in AU$263K Fine for Tabcorp
The existing gambling regulations do not permit in-play betting in Australia. Such bets are not accepted and thus illegal under the country’s 2001 Gambling Act. However, a major gambling operator was recently found to have breached those rules, after accepting hundreds of in-play wagers on tennis events for several months in 2023. Technical Bug Results […]
Business
November 12, 2024
Aristocrat Agrees to Sell Plarium to Modern Times Group
Globally recognizable gaming and entertainment company Aristocrat Leisure Limited announced its plans to divest a strategic asset. Plarium’s Divestment to Fuel Aristocrat’s Long-Term Growth Strategy Today, the company confirmed it has entered into a binding agreement for the sale of Plarium Global Limited, a leading mobile games developer by its subsidiary, Pixel United Holdings Limited, […]
Industry
November 8, 2024
NCPG Supports Eight Groups to Prevent Problem Gambling
Nearly ten organizations will focus on raising awareness of the dangers of gambling and preventing problem gambling, thanks to newly awarded funding. NCPG Continues to Support Community Organizations On Thursday, the American nonprofit organization advocating for the mitigation of gambling-related harm and prevention of problem gambling, the National Council on Problem Gambling (NCPG), announced it […]
Business
November 6, 2024
Kambi Maintains Growth Trajectory with Solid Q3 Results
The trusted provider of sports betting services and solutions, Kambi, released its latest financial update, pointing to strong results for the third quarter of 2024. Share Repurchase Program Announced with Q3 Financials On Wednesday, the company confirmed that its Q3 revenue hit €43.0 million ($46.3 million), a figure that pointed to a single-digit increase when […]
Industry
November 1, 2024
Explosives Threat at Seminole Hard Rock Tampa Leads to Arrest
On September 30, the Seminole Hard Rock Tampa in Florida was evacuated on two occasions after two concealed devices were uncovered on site. The explosive devices with radio control were found inside two restrooms at the venue. Now, the Florida Department of Law Enforcement (FDLE) confirmed that a man, suspected of placing the devices was […]
Industry
October 31, 2024
Michigan Men Plead Guilty in Illegal Storefront Casino Case
Two men who faced felony charges over running an illegal gambling business in Flint, Michigan, recently pleaded guilty. Investigation Helps Shut Down Gambling Business Without a License The case involves a 52-year-old Grand Blanc resident identified with the initials L.A.K., as well as a 55-year-old Saginaw resident with the initials R.J. The duo recently pleaded […]
Business
October 30, 2024
Caesars Accelerates Debt Reduction Goals with LINQ Promenade Sale
The leading casino entertainment company with a solid presence across the United States, Caesars Entertainment, announced it has entered into a definitive agreement to sell one of its Las Vegas assets. Caesars Agrees to Sell the LINQ Promenade Details regarding the sale emerged Tuesday with the company confirming its intention to divest the LINQ Promenade, […]
Industry
October 28, 2024
Isle of Man Stops 3K Underage Users from Gambling
The regulatory body responsible for the governance of all gambling activities on the Isle of Man and recognizable international regulator in remote gambling, the Gambling Supervision Commission (GSC), released the results of a new study. The survey report was administered to the country’s 35 license holders offering services under the Online Gambling Regulation Act 2001. […]
Legal
October 23, 2024
Lawsuit Claims Excessive Alcohol Led to Woman’s Death at Caesars Indiana
A recently filed lawsuit against Caesars Southern Indiana Hotel & Casino claims wrongful death and seeks tens of thousands in damages. The Legal Case Claims Negligence, Wrongful Death The case dates back to March this year when one patron visited the popular gaming and entertainment venue in Southern Indiana. The visitor, identified as Michelle Kelley, […]
