Angel Hristov's latest articles
Casino
May 13, 2024
Potawatomi Casino Hotel to Host a Snoop Dogg Concert
The Potawatomi Amplified Concert Series will welcome Snoop Dog as its initial headliner, engaging Potawatomi Casino Hotel guests with an unforgettable performance. The casino and hospitality venue will host this concert outdoors and will welcome almost 5,000 patrons. The temporary concert venue will be set up on the former Cargill lot and will cover up […]
Casino
May 10, 2024
International Entertainment Corporation Takes Over Manila Casino
International Entertainment Corporation (IEC) announced that it has officially begun its limited operation of the casino at its New Coast Hotel property in Manila. The company is set to officially take over full casino operations from the PAGCOR on May 11. The Board is pleased to announce that on 9 May 2024, the Group has […]
Business
May 10, 2024
SJM Holdings Posts Stellar Q1 Results as Post-COVID Recovery Continues
SJM Holdings, a leading owner, operator and developer of casinos and integrated entertainment resorts in Macau, has published its unaudited results for the quarter ended March 31. The company reported Q1 group net gaming revenue of almost HKD 6.5 billion ($830 million), far exceeding the HKD 3.7 billion reported in Q1 2024. In the meantime, […]
Business
May 10, 2024
Playtika Posts Q1 Report, Unveils Share Buyback Program
Playtika, an Israeli digital entertainment company specializing in the development and publication of mobile games, has posted its results for the period ended March 31, 2024. The company reported a slight decrease in revenue and published its FY 2024 guidance. Playtika’s revenue for the period increased by 2.1% sequentially to $651.2 million. However, this figure […]
Industry
May 10, 2024
Betfair Becomes CR Vasco Da Gama’s Principal Sponsor
British gambling company Betfair has penned a sponsorship agreement with CR Vasco da Gama, a soccer club from Rio de Janeiro, Brazil. This is notably the biggest sponsorship agreement in the club’s history. According to Vasco’s announcement, the deal is valid through December 31, 2025, and could be renewed for up to two more seasons. […]
Business
May 9, 2024
Mohegan Sets New Quarterly Revenue Record in Q2
The Mohegan Tribal Gaming Authority has published information about Mohegan’s operating results for its second fiscal quarter ended March 31, 2024 (Q2). The tribal gaming company reported an all-time-high quarterly revenue figure and highlighted some of its most noteworthy Q2 achievements. As mentioned, Mohegan’s Q2 net revenue increased 13.8% year-on-year to $461.7 million, setting a […]
Business
May 9, 2024
DraftKings Acquired Sports IQ Analytics for an Undisclosed Sum
American gambling giant DraftKings has acquired Sports IQ Analytics, a company that uses advanced artificial intelligence and machine learning techniques to provide cutting-edge software solutions for the online sports gambling industry. The arrangement was announced by the latter company’s chief executive officer, Omer Dor and comes a week after DraftKings published its report for the […]
Business
May 9, 2024
Light & Wonder’s Q1 Report Outlines Growth across the Board
Light & Wonder has published its Q1 financials, reporting a strong start to 2024. The supplier was able to deliver a 12th quarter of year-over-year consolidated revenue growth in a row and generated strong cash flow. The company’s revenue increased 13% to $756 million, underpinned by growth across all segments. The company’s gaming revenue increased […]
Business
May 9, 2024
Stake Doubles Down on India as IPL Betting Explodes
Stake.com, a leading crypto betting operator, continues to capitalize on the Indian market as its competitors pull out. The other companies’ loss is Stake’s win as Indian Premier League bettors have already wagered over $100 million this season alone. Some of Stake’s competitors were alienated by the GST flat tax on turnover. This notably included […]
Sports
May 9, 2024
PGA of America Joins AGA’s Have A Game Plan Campaign
The American Gaming Association (AGA) announced that the PGA of America has joined the Have A Game Plan. Bet Responsibly. campaign. As a result, the PGA will promote responsible gaming ahead of its upcoming championship in Louisville. For reference, the 2024 PGA Championship is set to take place at Valhalla Golf Club and will run […]
