Angel Hristov's latest articles
Business
July 24, 2024
High Euro 2024 Activity Bolsters Kindred’s H1 Report
Kindred Group has published its unaudited H1 report, highlighting increases across the board, driven by the company’s favorable performance in the second quarter of the year. CEO Nils Andén praised the solid quarter, saying that it builds on the solid start to 2024. In Q2 2024, the company reported a total revenue of £327.6 million […]
Business
July 24, 2024
Kambi Posts Favorable Q2 Metrics, Driven by Busy Sports Season
Kambi Group has published its financial report for the second quarter of the year, reporting a slight increase to €45.7 million ($49.6 million). The 3% increase in turnover would have stood at 20% instead if not considering the impact of the Penn online migration. Operating profit for the period, on the other hand, reached €6.2 […]
Industry
July 23, 2024
BGC Has Donated £172.5M to the Third Sector over 4 Years
Britain’s Betting and Gaming Council announced that its four largest members have donated a stellar £122.5 million over four years to tackle problem gambling and gambling-related harm. This, the BGC emphasized, is £22.5 million more than the operators in question had pledged to contribute between 2020 and 2024. The gambling companies in question are Flutter, […]
Business
July 23, 2024
DraftKings Prepares to Launch Sports Betting in Washington DC
DraftKings confirmed its intention to tackle Washington DC’s refreshed betting market. The American betting giant announced that it plans to launch its cutting-edge online sportsbook in the US capital, pending licensure and regulatory approvals. DraftKings Joined Forces with DC United to Launch in DC The arrival comes in the wake of an agreement with DC […]
Business
July 23, 2024
EveryMatrix’s Q2 Report Highlights Record Quarterly Profit Margin
Leading iGaming tech supplier EveryMatrix has posted its Q2 results, reporting its highest-ever quarterly profit margin. The tier-1 provider announced that its revenue for the period stood at EUR 42.4 million ($46 million) across all products, marking and increase of 57% year-on-year. In addition, the company set an all-time-high profit margin of 59%. According to […]
Legal
July 22, 2024
LV Sex Worker Risks Prison Time for Stealing Client’s Valuables
A Las Vegas prostitute is set to appear on trial for stealing expensive items from a client. Maiah Meleschi, according to the allegations, stole an expensive watch and a necklace from a customer she slept with at the Bellagio Las Vegas Hotel. The Woman Is Set to Appear in Court Next Month The original incident […]
Legal
July 22, 2024
Tennessee Regulator Fines 3 Operators over Regulatory Breaches
The Tennessee authorities have handed penalties to several gambling companies for betting-related violations. The companies in question, namely BetMGM, ESPN Bet and Action 24/7, were fined over their breaches. The Tennessee Sports Wagering Council understood that BetMGM, for example, had offered wagers on penalties, which is strictly forbidden in the Volunteer State. To make matters […]
Sports
July 22, 2024
DraftKings Becomes WNBA’s Official Sports Betting and DF Partner
Sports entertainment giant DraftKings has unveiled a major partnership agreement with the Women’s National Basketball Association (WNBA). Per the deal, the operator will serve as the league’s official sports betting and daily fantasy partner. According to the official announcement, the deal will provide DraftKings with rights to WNBA league and collective team intellectual property, allowing […]
Industry
July 19, 2024
EGBA’s Sustainability Report Spotlights Record Use of RG Tools
The European Gaming and Betting Association (EGBA) has published its Sustainability Report 2024, highlighting a record-breaking use of safer gambling tools. According to the association’s latest report, 65% of European customers are now leveraging responsible gambling features to moderate their habits. The figure means that a record 21 million customers across Europe are now using […]
Lottery
July 18, 2024
TheLotter Prepares for Launch in Florida as the State Celebrates National Lottery Week
Lottery players in Florida will soon be able to buy tickets online via theLotter, a leading lottery courier service. This will provide enthusiasts with a new frictionless way to interact with the lottery from their homes or on the go. TheLotter is a trusted service with over two decades of industry experience. Currently available in […]
