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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
October 23, 2023
GAN Obtains Regulatory Approval from Nevada Gaming Commission
The leading international business-to-customer sports betting operator and North American business-to-business provider of real money internet gaming solutions, GAN, announced it achieved a major milestone in Nevada. The company revealed Friday that it secured regulatory approval from the Nevada Gaming Commission, the state governmental agency in charge of regulating gambling activities together with the Nevada […]
Casino
October 20, 2023
The Cordish Companies Secure Approval for $270M Louisiana Project
Leading gaming and entertainment operator, The Cordish Companies, announced a major achievement, clearing the path of the company for its expansion into the casino sector in Bossier City, Louisiana. On Thursday, the company revealed that its affiliate, LRGC Gaming Investors, LCC, secured the required regulatory approvals to become a gambling operator in the state from […]
Business
October 19, 2023
Acres Selects David Bain for Chief Financial Officer Role
The leading casino technology provider, delivering products to more than 60,000 casino gaming machines across the United States, Acres Technology, strengthened its senior-level team with the addition of David Bain, a Wall Street gaming industry expert with a track record in corporate finance. Joining the company, he was appointed to the role of chief financial […]
Business
October 19, 2023
Las Vegas Sands Enjoys Strong Q3, Posts $2.8bn in Net Revenue
The leading developer and operator of integrated resorts, Las Vegas Sands (LVS), released its latest financial results, outlining strong performance for the company for the three months ended September 30, 2023. The latest unaudited financial results emerged Wednesday and see the gaming and entertainment operator post $2.8 billion in net revenue for the third quarter […]
Business
October 18, 2023
888 Reveals Q3 Results, Posts 10% Decrease in Revenue
The world’s leading betting and gaming company that owns globally recognized brands such as 888, Mr Green and William Hill, 888 Holdings Plc, released its latest trading update. On Wednesday, the company released its newest report, revealing details regarding its performance for the three months ended September 30, 2023. The recent trading update reveals that […]
Industry
October 17, 2023
Memphis PD Seizes Illegal Gambling Machines and $1M Cash
An ongoing police operation against illegal gambling across Memphis, Tennessee, saw more than $1 million in cash seized, along with nearly 270 illegal gambling machines. The Memphis Police Department (MPD), announced Monday details regarding an ongoing operation that sought to investigate and discontinue criminal activities related to illegal gambling, as well as acts of violence […]
Business
October 17, 2023
NJ Gaming Revenue Soars in September Driven by Betting, iGaming
The gambling regulator in New Jersey, the Division of Gaming Enforcement (DGE), released its latest report, revealing insights regarding the performance of licensed gambling operators for the month of September. The new report, released Monday, reveals that the total gaming revenue reported by casinos, racetracks and their partners soared to $521.5 million last month. This […]
Legal
October 16, 2023
BOS Agrees with Proposed Tighter Credit Rules in Sweden
BOS, the Swedish Trade Association for Online Gambling, an organization that represents 20 licensed gambling operators in Sweden, showed support for a proposal that seeks to reduce over-indebtedness and risky lending, effectively protecting the customers in the country. The proposal, submitted by the Ministry of Justice, called for the implementation of a debt register and […]
Sports
October 16, 2023
Mattress Mack May Bank $43.4M If Houston Astros Win World Series
The owner of a Houston-based furniture chain called Gallery Furniture and passionate sports fan, Jim “Mattress Mack” McIngvale, once again showed support for the Houston Astros, the famous American professional baseball team that competes in Major League Baseball (MLB). McIngvale is a longtime supporter of the popular MLB team and thanks to their win of […]
Sports
October 13, 2023
Betsson and AEK BC Sign New Naming Rights Agreement
The leading online gaming company that has more than 20 brands that offer betting and iGaming across Europe, Betsson Group, announced a new groundbreaking partnership. The company revealed Thursday that it signed a new collaboration with the professional basketball club, AEK BC. Under the terms of the recent deal, Betsson was designated as the naming […]
