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Angel Hristov's latest articles
Business
December 5, 2023
ISS ESG Improves NOVOMATIC’s Sustainability Rating to C
ISS ESG, a sustainability rating agency, has updated NOVOMATIC’s sustainability rating to C, marking it as one of the best companies within the electronics industry. ISS ESG, which is one of the best sustainability experts along with Sustainalytics and Moody’s ESG Solutions, assessed Novomatic’s business, examining its environmental, economic and social performance. As usual, ISS […]
Industry
December 5, 2023
EGBA Calls on France to End iGaming Ban amid Concerning Black Market Growth
The European Gaming and Betting Association (EGBA) calls on France to regulate iGaming. This call comes in the wake of a recent study that highlighted the concerning extent of France’s gambling black market. The study in question was commissioned by l’Autorité Nationale des Jeux, France’s gambling regulator. According to its findings, France’s black market for […]
Business
December 5, 2023
Kambi Group Proceeds with $3M Share Buyback Program
Kambi Group, a B2B provider of sports betting services and solutions, has unveiled a share buyback program. The company secured the buyback mandate at the Extraordinary General Meeting on June 19 and will now proceed to exercise it. According to Kambi’s board of directors, the buyback program is set to run until May 21, 2024, […]
Business
December 5, 2023
Allwyn’s Strong Q3 Results Were Driven by the Camelot Acquisition
Lottery leader Allwyn has published its Q3 2023 preliminary unaudited results, highlighting the contribution of the company’s acquisition of Camelot. In Q3, Allwyn reported consolidated total revenue of EUR 2 billion (approximately $2.16 billion), representing a stellar 98% year-on-year increase. As mentioned, these results were underpinned by the company’s recent acquisitions. Excluding these, the company’s […]
Casino
December 5, 2023
Nebraska Gaming Undermines Iowa’s Council Bluffs Casinos
Nebraska’s launch of legal casino gaming has impacted casinos in the neighboring state of Iowa. As reported by the Omaha World-Herald, two big Council Bluffs casinos have been recording lower revenues – an impact that was also outlined in the American Gaming Association’s (AGA) Q3 revenue report. Eastern Nebraska launched slot gaming in late 2022, […]
Industry
December 4, 2023
KSA Announces a Probe into Slot Machine Arcades
The Netherlands’ gambling regulator, Kansspelautoriteit (KSA), announced a probe into slot machine arcades in the country. Set to be carried out from mid-December, the inspections will check if operators are compliant with the local regulations. The KSA warned that the inspections will pay particular attention to the implementation of social responsibility measures. In line with […]
Industry
December 4, 2023
GambleAware: Problem Gambling Treatment Helps 9 in 10 People
British gambling harm charity GambleAware reported that the National Gambling Treatment Service is highly effective in helping patients. Ranging from early intervention through to therapy and residential treatment, the services offered by the National Gambling Support Network (NGSN) help at least 9 in 10 patients (88%). Data shows that most users exhibit noticeable reductions in […]
Industry
December 4, 2023
Colorado Greenlights 24-Month Fixed-Odds Betting Trial
Colorado’s Limited Gaming Control Commission (LGCC) has greenlit the trial of fixed-odds horse wagering in the state. Voted last month, the measure would allow gambling companies to offer fixed odds products for two years. This would see Colorado as the second state besides New Jersey to offer fixed-odds betting on horse races. The move comes […]
Industry
December 1, 2023
The BMJ Survey Implies Links Between Social Media Use and Youth Gambling
A recent study by The British Medical Journal (BMJ) highlights the dangers social media presents to young people’s health. This, according to the experts, includes higher chances of participation in gambling and, by extension, higher risks of gambling harm. Dubbed Social media use and health risk behaviors in young people: systematic review and meta-analysis, the […]
Business
December 1, 2023
Hacksaw Gaming to Launch with DraftKings in NJ by the End of Q4
Hacksaw Gaming was just provided a transactional waiver to operate in the state of New Jersey. Its entry into its second US jurisdiction was made possible by its partnership with the American gambling giant DraftKings. Under the deal with DraftKings, Hacksaw Gaming will inject ten of its best games into the operator’s platform. DraftKings will […]
