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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
January 17, 2024
Online Casinos Don’t Make New York Budget Cut in 2024
January 8, 2024, marked the second year of legalized online sports betting for the market in New York. The activity broke all records for that period, with billions of wagers and significant proceeds to the state and the operators who hold a license. While sports betting surpassed even the brightest predictions, online gambling may not […]
Lottery
January 16, 2024
Transfer of National Lottery License to Boost Funds for Good Causes
Since 1994, when the National Lottery in the UK held its first draw, more than 670,000 projects have received vital funding. The Lottery helped raise more than £47 billion ($59.4 billion) for Good Causes and now, considering the transfer of its license, those proceeds are expected to continue growing. For three decades, Camelot held the […]
Business
January 16, 2024
James Elliot Joins LeoVegas as Director of Legal
The leading international iGaming company that focuses on delivering exceptional gaming experiences, LeoVegas Group, strengthened its C-suite with a recent appointment. The company has announced it hired the services of James Elliot, an experienced online gambling, e-commerce and legal compliance expert. Becoming a part of LeoVegas’ senior-level team, he was appointed to the role of […]
Business
January 16, 2024
Casumo Appoints Gary Thompson as Head of Casino
The award-winning online gaming group headquartered in Malta, Casumo, strengthened its senior-level team with the addition of Gary Thompson, an expert within the gambling industry with more than three decades of experience. Joining the company, he was appointed to the role of head of casino. As a part of Casumo’s C-suite, Thompson, who is a […]
Casino
January 15, 2024
Lucky Las Vegas Visitors Collect Multiple Jackpots
Aristocrat, the leading global games leader that operates in more than 90 countries across the globe, announced that one lucky traveler at Harry Reid International Airport in Las Vegas, Nevada, hit a million-dollar jackpot on Friday night. The company confirmed that the player, who enjoyed Wild Wild Buffalo hit the game’s jackpot, a staggering $1,031,199.36. […]
Industry
January 15, 2024
VGCCC Directs Tabcorp to Implement Cashless Betting Terminals
The gambling regulator in Victoria, Australia, the Victorian Gambling and Casino Control Commission (VGCCC), directed Tabcorp, one of the leading gambling operators in the province, to implement changes to most of its Electronic Betting Terminals (EBTs). Per the request of the regulator, a majority of the operator’s machines would have to become cashless. The change […]
Industry
January 12, 2024
Malta Gaming Authority Cancels Authorization for Betago
The Malta Gaming Authority (MGA), the gambling regulator in Malta, announced it has decided to cancel Betago Limited’s authorization. Although the announcement came Thursday, the Authority explained that it is in effect as of January 8, 2024. The latest decision comes after the MGA uncovered that the operator breached the established gambling regulations in the […]
Business
January 12, 2024
DCMS Starts Search for National Lottery Community Fund Chair
Blondel Cluff, held the role of a chair of the National Lottery Community Fund for two years until her early resignation dating back to last summer. As a result, Paul Sweeney was appointed to the role of interim chair on August 1, 2023, for a 1-year contract or until a permanent chair is appointed, whichever […]
Industry
January 11, 2024
VAD in Belgium Supports Raising Gambling Age to 21
Across Europe, the minimum legal age required for gambling activities varies between 18 and 21. Unlike the United States, where the legal age for gambling and consuming alcohol is 21 in a majority of states, many countries on the Old Continent permit such activities after 18. The Flemish Expertise Center for alcohol, illegal drugs, psychoactive […]
Sports
January 11, 2024
Vermont Sports Betting Gets Underway with Three Licensees Launching
On Thursday, Vermont became the latest state to join a growing list of US jurisdictions, offering legal sports wagering. The activity was legalized in June last year after Gov. Phil Scott signed the state’s sports betting bill into law. Now, as of January 11, 2024, Vermont officially launched its legal sports betting market. Similar to […]
