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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.
Casino
September 17, 2024
Dana White Admits to Winning $26M-$27M at Caesars Palace
Dana White, the Ultimate Fighting Championship’s (UFC) CEO, spoke about the risks associated with gambling, winning big and his experience in one of the most recognizable casino resorts in Las Vegas. The exec recently participated in an episode of the Full Send Podcast, telling interesting stories about his high-stakes bets at Caesars Palace on the […]
Industry
September 16, 2024
Australia’s Annual Losses to Gambling Grow, Hit AU$32bn
Despite concerns about the detrimental impact of gambling activities on people across Australia, significant changes to the sector are still being discussed. Last year, a report into the country’s gambling sector made nearly three dozen recommendations that can help reduce problem gambling and harm, while decreasing the billions of Australian dollars lost to gambling every […]
Industry
September 13, 2024
Alabama: Bill Seeks to Increase Penalties for Illegal Gambling
Illegal gambling remains an issue in many states across the US, despite the efforts of lawmakers and law enforcement. While the expansion of betting brought the industry into the light and undoubtedly reduced the share of the black market and offshore bookmakers, this is not the case for other gambling activities. Alabama is one state […]
Legal
September 13, 2024
SAFE Bet Act Calls for Federal Rules on US Sports Betting
Earlier this year, US Rep. Paul Tonko confirmed his intention to introduce the Supporting Affordability and Fairness with Every Bet Act (SAFE Bet Act), an initiative that proposes federal regulations on sports betting as a way to protect consumers from excessive gambling and harm. On Thursday, Tonko, accompanied by Sen. Richard Blumenthal, among other supporters, […]
Blockchain
September 12, 2024
New Memebet Casino Token Presale Targets Degen Gamers
Meme coins are the hype of 2024 and while some downturn was seen during the summer, the market for the popular coins that many select as investment is expected to rebound later this year. In the first few minutes of its initial coin offering (ICO), the upcoming GameFi-driven online casino platform, Memebet Casino, was able […]
Lottery
September 11, 2024
Mega Millions Ticket Sold in Texas Wins Whopping $800M Jackpot
After nearly 30 drawings, an incredibly lucky lottery player finally won the Mega Millions jackpot. The game’s Tuesday drawing saw a single ticket purchased in Texas match correctly all winning numbers, including white balls 1, 2, 16, 24 and 66, along with the gold Mega ball 6. Matching the numbers on Tuesday night, the fortunate […]
Slots
September 11, 2024
The Tumbles Crack the Frosty Cover of the Ice Age
Relax Gaming, an acclaimed iGaming studio and provider of aggregation services as well as its own original content, has come up with a crafty new title that spans a grid of six-by-six rows and reels. The Tumbles Metrics Thaw The Ice and Get a Big Payout in the Prehistoric Summer The Tumbles, a worthwhile successor […]
Lottery
September 9, 2024
Mega Millions Jackpot Soars to $800 Million for Next Drawing
The hype surrounding the Mega Millions jackpot continues to grow and so does the size of the grand prize. Regretfully, nobody matched the winning white balls 6, 23, 41, 59 and 61, along with the gold Mega ball 25 on Friday, allowing the jackpot to continue climbing. With the next drawing scheduled for Tuesday, September […]
Industry
September 5, 2024
Greg Small to Step Down from Indiana Gaming Commission
The gambling regulator in Indiana, the Indiana Gaming Commission (IGC), will soon be looking for a permanent executive director after an unexpected C-suite change announced this week. Indiana Gov. Eric J. Holcomb confirmed Wednesday that the Commission’s current executive director, Greg Small, will be stepping down from his role with the gambling regulator. Small initially […]
Sports
September 5, 2024
Illegal Sports Betting in Massachusetts Unaffected by Legalization
Massachusetts was among the US states that legalized sports betting in 2022. After the legalization of the activity, the state launched its retail market at the end of January 2023, followed by an online betting market launch on March 10 of the same year. Despite operating for more than a year, the market is yet […]
