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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.
Lottery
January 10, 2024
Powerball Jackpot Grows Ahead of Upcoming Drawing
The New Year’s Powerball drawing made one lucky player from Michigan significantly wealthy. At the time, one lucky lottery player hit the life-changing $842 million Powerball jackpot by guessing correctly all white balls 12, 21, 42, 44, 49 and red Powerball 1. If the lucky player selects a cash payout, he will be able to […]
Sports
January 9, 2024
Robust Monitoring Safeguards the Integrity of the PGA Tour
For more than five years, sports betting has been expanding across the United States. After the repeal of PASPA, lawmakers in different states enacted retail, mobile or in some cases both retail and mobile sports wagering, allowing punters to be able to wager via legal operators. While there are unquestionable benefits of legal wagering, including […]
Industry
January 9, 2024
Culinary Union Sets Strike Deadline for 7,700 Workers in Las Vegas
After months of intense negotiations, unionized gaming and hospitality industry workers in Las Vegas secured new five-year contracts with three of the leading casino and entertainment operators, known as Big 3. The announcement comes after extensive efforts of the Culinary and Bartenders Unions which played an important role in the negotiation with Caesars Entertainment, MGM […]
Business
January 8, 2024
Kristian Nylén Plans to Step Down from CEO Role with Kambi
The leading business-to-business provider of services and solutions, powering betting operators across the globe, Kambi Group, announced changes to its senior leadership. On Monday, the company confirmed that its co-founder and CEO, Kristian Nylén, intends to step down from his role. The CEO and co-founder notified the company’s Board of Directors, confirming that he plans […]
Legal
January 8, 2024
New York: Sen. Joseph Addabbo Reintroduces iGaming Proposal
Several US states currently offer legal online gambling activities. The list includes New Jersey, Pennsylvania, Michigan, West Virginia, Delaware and Connecticut. While Rhode Island is expected to launch its legal iGaming market this April, efforts in New York state continue. Last week, State Sen. Joseph Addabbo, a long-term supporter of the gambling expansion in the […]
Business
January 5, 2024
New York Betting Operators Set New $188.3M Revenue Record
Over the last few months, mobile sports betting operators in New York have reported exceptional results. The betting handle reported by the operators in October hit a $2 billion record, making the state the first one to surpass such a sum in wagers. Continuing this upward trend, November marked the second month in a row […]
Casino
January 4, 2024
Lucky Mohegan Sun Visitor Takes Home $500K Jackpot
Undoubtedly, winning a jackpot at a casino is an unforgettable and exciting experience. One such lucky visitor played at Mohegan Sun, one of the largest gaming and entertainment destinations in the United States, and went home with a staggering jackpot of more than $500,000. Details regarding the lucky visitor emerged earlier this week with Mohegan […]
Industry
January 3, 2024
Wisconsin Police Investigate Robbery of Casino Winner
Winning a jackpot at a casino undoubtedly brings excitement to people who are lucky enough to experience such a thing. Yet, some lucky casino visitors can have a rather unpleasant experience as they may be targeted by criminals. This is precisely the case of a woman who was playing at Ho-Chunk Gaming Madison, a premium […]
Legal
January 3, 2024
California Tribes Divided over Sports Betting Proposal
Currently, California is among a handful of states that are actively trying to legalize sports betting. With the activity available in 37 US states, as well as DC, more lawmakers are warming up to the idea of the benefits of legal betting. One effort toward legalizing wagering on sports is led by Eagle1 Acquisition Corp. […]
Sports
January 2, 2024
Seven Betting Firms File Applications for North Carolina License
Ahead of the launch of legal sports betting in North Carolina, which may happen in the summer, several leading operators submitted their applications for a license. To offer services in the state and offer mobile and retail sports betting services, operators need to apply for a license with the gambling regulator, the North Carolina State […]
