Angel Hristov's latest articles
Business
August 1, 2024
Southwell Racecourse to Reopen After Extensive Refurbishment
Southwell Racecourse, a thoroughbred horse racing venue in Nottinghamshire, England, will finally return to full working capacity. According to the venue’s official announcement, its refurbishment has been completed, allowing it to completely reopen. The Damage Took Almost a Year to Fully Fix Southwell Racecourse, for context, suffered extensive flooding damage in October 2023 when Storm […]
Casino
July 31, 2024
Palms Casino Resort Visitor Scoops Up $2.1M Jackpot on a $3 Bet
An out-of-state visitor has won over $2.1 million playing slots in Las Vegas. The lucky player was visiting the Palms Casino Resort on the famed Vegas Strip when they won this life-changing sum. As it turns out, the spectacular prize was won on a $3 wager. The player in question was playing a Wheel of […]
Industry
July 31, 2024
ASA Dismisses Complaint against Coral Digivan Ad in Cheltenham
The UK Advertising Standards Authority (ASA) has evaluated a somewhat controversial ad promoting the products of betting operator Coral. However, the ASA decided that the billboard ad did not violate its rules. The advert in question was mounted on a digital billboard on a parked van in Cheltenham. It was published ahead of the Cheltenham […]
Business
July 31, 2024
WynnBet Exits New York, Downstate Casino Hopes Remain
WynnBet, one of the pioneers in the New York online sports betting market, will no longer be taking bets, heralding the coming of ESPN Bet to the Empire State. Wynn Is Winding Down Its Online Presence The Wynn-owned sportsbook stopped taking bets on Monday, putting an end to over two years of operation. New York […]
Business
July 30, 2024
IGT Posts Strong Q2 Results as Gaming and Digital Sale Looms
International Game Technology (IGT) has published its Q2 report, highlighting strong financial results. Revenue remained mostly stable during the period, despite a few minor setbacks. IGT’s Financials Were Stable Revenue for the period stood at $1.05 billion, marking a 1% decline from Q2 2023. This comprised $436 million of Gaming and Digital revenue and $613 […]
Sports
July 29, 2024
Maryland Regulator Clears Bally Bet for Launch
The Maryland Lottery and Gaming Control Commission (MLGCC) has cleared Bally’s Interactive for online sports betting launch in the state. This would mark the ninth state in which the gaming and betting operator’s online sports wagering products are available. Last week, Bally’s Interactive operated a demonstration of its Bally Bet brand, highlighting its technological capabilities […]
Industry
July 29, 2024
Study: Marginalized People Gamble to Cope with Social Exclusion
Leading gambling harm prevention and treatment charity GambleAware has published the results of a new study that suggests marginalized communities use gambling to cope with their social exclusion. The latest analysis was funded by GambleAware and conducted by The National Centre for Social Research (NatCen). It saw NatCen analyze 138 previous studies on the effect […]
Business
July 29, 2024
BetMGM Posts Negative H1 EBITDA Amid Investment Year
Gaming and betting giant Entain has published a report concerning the BetMGM brand’s performance in the first half of 2024 (H1). Co-owned by Entain and MGM Resorts International, the operator recorded accelerating momentum through the year. Negative EBITDA Is in Line with Expectations The H1 update highlighted net revenue from operations of 1 billion, up […]
Business
July 29, 2024
LeoVegas Names Ex-MGA CEO Brincat as Regulatory Director
Carl Brincat, the former chief executive officer of the Malta Gaming Authority (MGA) has been onboarded by the LeoVegas Group. According to the announcement, LeoVegas will welcome the gambling regulation expert as its new director of policy and regulatory affairs. Brincat is set to step into the office in August. He will be based at […]
Industry
July 26, 2024
UK Gov Unveils New DCMS Ministerial Team
The United Kingdom’s Department for Culture, Media and Sport (DCMS) has unveiled its new ministerial team, led by Lisa Nandy. Nandy was confirmed as Brtiain’s new DCMS head approximately a month ago and is now set to be supported by a team of industry professionals, including a new gambling minister. The DCMS Unveiled Its New […]
