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Angel Hristov's latest articles
Industry
October 25, 2023
EGBA Praises Legislative Project to Introduce a Licensing Model in Finland
Finland is considering a possible modernization of its online gambling laws. The European country is currently considering a licensing model like the ones used by most modern gambling markets. Finland’s intentions were announced by the country’s Ministry of the Interior. The ministry introduced a legislative project that, if advanced, could replace the current monopoly with […]
Industry
October 25, 2023
Philippine Government Issues Memorandum Circular in Hopes of Exiting the FATF Grey List
Bullish on exiting the Financial Action Task Force (FATF) grey list, the Philippine government ordered 44 government agencies to update their policies. As a result, a number of authorities, including the PAGCOR, will be required to review their anti-money laundering (AML) and counter-terrorism financing (CTF) protocols. Under a Memorandum Circular No. 37, issued by the […]
Business
October 25, 2023
7777 gaming Inks Deal with Magicbet ahead of SiGMA Malta Participation
Fast-growing gambling content provider 7777 gaming has announced a partnership with another big Bulgarian gambling operator. As revealed, the supplier will inject content into Magicbet, a famous land-based operator that recently forayed into the online gaming space. As a visionary in gaming, Magicbet recognized the importance of tapping into the potential of iGaming. In order […]
Business
October 25, 2023
Playtech Supplies Live Casino Content to FanDuel Canada
Playtech, a leading gambling software development company, has unveiled a new partnership agreement with the North American gaming powerhouse FanDuel. The new Canada-facing deal will see the former company roll out live casino content on FanDuel’s Canadian platform, reinforcing its local product offering. FanDuel will thus be able to channel more players toward its platform […]
Industry
October 24, 2023
Australia’s BetStop Exclusion Scheme Reaches 10,000 Registrations
Australia’s government reported that BetStop, the country’s new national self-exclusion register, is proving to be a resounding success. According to official data, over 10,000 people have used the register to exclude themselves from gambling so far. The register was launched in August 2023 and is a result of Australia’s efforts to lower the concerning problem […]
Business
October 24, 2023
Widerström Spends $1.16M to Double 888 Shareholding
Per Widerström, the new head of 888 Holdings, has purchased over a million company shares, drastically increasing his stake. The move highlights the new CEO’s confidence in the value of the company’s shares and his conviction that the shares will rebound. Widerström’s latest move saw him spend £949,000 (approximately $1.16 million) on a total of […]
Business
October 24, 2023
iTech Labs Parts Ways with Sreekumar, Names Rizaldi as New CEO
iTech Labs, a world-leading testing and certification laboratory for online gaming systems, announced that its founder, Kiren Sreekumar, has retired from his position as CEO and managing director. Sreekumar vacated his seat on October 11, in line with his planned retirement. Sreekumar founded iTech Labs in 2004 and, over almost two decades, cemented the company […]
Business
October 24, 2023
Light & Wonder Finalizes SciPlay Acquisition
Leading gambling products and services provider Light & Wonder has finalized the acquisition of SciPlay Corporation, a developer and publisher of digital games on mobile and web platforms. Announced earlier this year, the M&A deal was signed in early August. Under the deal, Light & Wonder acquired the remaining 17% equity interest in SciPlay for […]
Sports
October 23, 2023
Fagioli’s Doctor Believes More People Are Involved in the Betting Scandal
Italian soccer pro Nicolo Fagioli was recently suspended for betting on sports and breaching Article 24 of the Sporting Justice Code. The Juventus midfielder later claimed that he was introduced to the gambling scheme by Sandro Tonali. In line with Fagioli’s reveal, Paolo Jarre, the doctor responsible for the soccer player’s gambling treatment, said that […]
Casino
October 23, 2023
Casino Mogul Donald Laughlin Passes Away at 92
Donald “Don” Laughlin, the American gambling entrepreneur, hotelier and rancher for whom the Nevadan town of Laughlin was named, has passed away at 92. His business broke the news on Facebook, informing his followers that on Sunday, Laughlin passed away peacefully. The announcement said: Don touched many lives in our local community as well as […]
