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Angel Hristov's latest articles
Industry
December 11, 2023
Stuart Andrew Expects the Statutory Levy to Go Live Next Summer
As per the white paper, the United Kingdom is planning to proceed with its plans to introduce the statutory levy. The country’s current gambling minister, Stuart Andrew, believes that the UK will be able to deliver it for summer 2024. For reference, the statutory levy is a measure that would force gambling operators to pay […]
Business
December 11, 2023
IG Group Welcomes Fintech Heavyweight Breon Corcoran as CEO
IG Group Holdings, a UK-based online trading provider, has announced the appointment of Breon Corcoran to its leadership team. According to the company’s official announcement, the new appointee will assume the role of the group’s new chief executive officer from January 29, 2024. In addition to taking the lead at IG Group, Corcoran will also […]
Business
December 11, 2023
GiG Names iGaming and Finance Powerhouse Matthew Saxon as CTO
Gaming Innovation Group, (GiG) has reinforced its technology team with the appointment of the experienced Matthew Saxon as its new chief technology officer for Platform & Sportsbook. This is in line with the division’s recent efforts to reinforce its senior leadership under Platform & Sportsbook CEO Richard Carter. According to GiG, Saxon is a proven […]
Casino
December 11, 2023
Singapore’s GRA Hands $1.67M Fine to Resorts World Sentosa for AML Breaches
Singapore’s Gambling Regulatory Authority (GRA) announced that it has penalized Resorts World Sentosa (RWS) over due diligence failures. According to the authority, the casino failed to perform the checks outlined in the Casino Control Act 2006 (CCA) and the Casino Control (Prevention of Money Laundering and Terrorism Financing) Regulations 2009 (PMLTF Regulations). Back in 2020, […]
Sports
December 8, 2023
Stats Perform Extends Partnership with the WTA Tour
Sports content pioneer Stats Perform has unveiled an extension of its exclusive data agreement with the WTA Tour, the worldwide professional tennis tour for women. As a result, the sports data specialist will continue to collect and distribute official WTA data and live streams to its network of partnering sportsbooks. This deal extends the two […]
Industry
December 8, 2023
BOS: Sweden’s New Gambling Tax Is a Gift to the Black Market
Sweden’s online gambling association, Branschföreningen för Onlinespel (BOS) is not happy with the government’s plan to increase the gambling tax. According to its general secretary, Gustaf Hoffstedt, this move would be a huge Christmas present to the black market. For reference, Sweden just proposed to raise its gambling tax from 18% to 22%. The new […]
Sports
December 8, 2023
Messi Turned Inter Miami into the Most Bet on Team, Kambi Says
Kambi, a B2B provider of sports betting services, has reported that the arrival of the soccer legend Lionel Messi at Inter Miami has led to an unprecedented spike in Major League Soccer betting activity. As reported by the sports betting specialist, the popularity of Inter Miami and the MLS as a whole has skyrocketed, leading […]
Industry
December 8, 2023
Twelve Ballot Initiatives Seek to Garner Support for Betting in Missouri
Missouri lawmakers and professional sports teams will continue to promote the legalization of sports betting in the state of Missouri. Ahead of the next legislative season, 12 ballot initiatives have been approved for circulation. Four of them were filed by local sports organizations. The ballots were cleared for signature gathering, allowing them to seek supporters […]
Industry
December 7, 2023
AGA Selects Industry Veteran Michael Rumbolz as Next Chair
Two days after naming an ex-Washington Commanders executive as SVP of strategic communications, the American Gaming Association (AGA) has elected Michael Rumbolz as its new chairman. Rumbolz currently serves as the executive chair of Everi Holdings’ board. As chair of the AGA, he will succeed Hard Rock International Chairman and Seminole Gaming CEO Jim Allen. […]
Industry
December 7, 2023
Betting Makes the US Youth Uninterested in Dating, Meredith Whitney Says
Meredith Whitney, an American businesswoman known as “The Oracle of Wall Street,” commented on some of the latest trends in America and the “meteoric growth” of sports betting. Appearing on CNBC’s Squawk on the Street panel, Whitney described sports betting as one of the main drivers of leisure revenue. Whitney said that she has always […]
