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Angel Hristov's latest articles
Industry
April 29, 2025
WalletHub: New York Surpasses Nevada in Terms of Gambling Crime
New York has surpassed Nevada in terms of gambling arrests in 2023, according to a new report by WalletHub. The famous credit score app also published its latest gambling addiction figures for the USA, highlighting the most addicted states. New York Gambling Crime Cases Exceed Those in Nevada While New York legalized sports betting only […]
Industry
April 28, 2025
AGCO Reaches Settlement with Woodbine Regarding Racehorse Incidents
The Alcohol and Gaming Commission of Ontario (AGCO) announced that it reached a settlement with Woodbine Entertainment regarding an investigation into earlier horse-related incidents. Several Incidents Prompted Regulatory Intervention The incidents in question were recorded in the second half of 2024 when over a dozen horses were hurt. Between October 28 and December 15, a […]
Business
April 28, 2025
BetMGM Turns EBITDA-Positive as Q1 Report Shows Strength
Sports betting and online gaming giant BetMGM has reported its financials for the first quarter of the year, highlighting spectacular performance across both verticals. Most importantly, the brand posted EBITDA-positive results for the first time ever, heralding a new era for the business. The growth of the company, which is jointly owned by Entain and […]
Business
April 28, 2025
NOVOMATIC to Acquire the Remaining Ainsworth Shares for $1 Apiece
NOVOMATIC, Europe’s largest gaming technology group, announced that it has signed a deal with Ainsworth Game Technology to cement its ownership in the latter company. NOVOMATIC to Acquire the Rest of Ainsworth According to NOVOMATIC’s official announcement, it has entered into a scheme implementation deed with Ainsworth, agreeing to acquire its remaining shares for a […]
Industry
April 28, 2025
Macau May Cut Ties with US Concessionaires if US-China Relation Worsens
Fitch Ratings predicts possible headwinds for the three US-based Macau concessionaires due to the economic shifts. In an unlikely but possible worst-case scenario, Macau might decide to end its relationship with the three companies, Fitch experts suggested. Fitch Emphasized That the Worst-Case Scenario is Still Unlikely The three US-based Macau concessionaires include Las Vegas Sands, […]
Industry
April 28, 2025
Offshore Firms Still Command Large Chunk of Ontario iGaming
The Ontario iGaming market recently celebrated its third birthday. Since launching online gambling on April 4, 2022, the province has quickly become one of the most attractive gaming markets in North America and perhaps globally. Despite that, however, recent figures show that unregulated gaming continues to be a problem. Most Players Choose Regulated Gaming The […]
Business
April 25, 2025
Bloomberry to Double Down on iGaming in the Wake of Mixed 2024
Bloomberry Resorts, a Philippine casino operator, has unveiled plans for iGaming growth via a new digital platform. Outlined in the company’s annual report and confirmed during the recent shareholders’ meeting, these plans will see the company capitalize on the rapid growth of online casino gaming in the country. Bloomberry Focuses on Online Casino Gaming […]
Industry
April 24, 2025
Horseracing Industry People Board Secures $1M in Funding
The Horseracing Industry People Board (HIPB) in the UK announced that it has secured a total of £759,000 (approximately $1 million) in funding from the Racing Foundation and Horserace Betting Levy Board (HBLB). The money would help the former group’s workforce-related initiatives for 2025. The Funding Will Support HIPB’s Workforce Strategy According to the announcement, […]
Poker
April 24, 2025
Pennsylvania Joins MSIGA as Its Sixth and Largest Member
Pennsylvania has officially joined the Multi-State Internet Gaming Agreement (MSIGA) for poker, making it the agreement’s sixth member state. As a result, online poker players will now be able to participate in games and tournaments featuring competitors from other MSIGA member states. Pennsylvania Becomes MSIGA’s Largest Member Pennsylvania joined the MSIGA on April 23 as […]
Insider
April 24, 2025
Doc’s Sports Expert Raphael Esparza Discusses the Growth of March Madness & Women’s Leagues
GamblingNews was recently joined by Raphael Esparza, a respected sports handicapper representing sports picks leader Doc’s Sports, to discuss the rapid growth of sports betting and the recent rise of betting on women’s sports. Unpredictability Is Critical to the Success of March Madness Raphael, who’s worked with Doc’s Sports for over two decades, has “done […]
