Angel Hristov's latest articles
Business
February 6, 2024
Better Collective Finalizes Acquisition of Playmaker Capital
Better Collective announced that it has completed the acquisition of Playmaker Capital, a Toronto-based digital sports media group. This is notably Better Collective’s second-largest acquisition to date. The deal saw Better Collective acquire all of Playmaker Capital’s issued shares for a consideration of CAD 0.70 per share. Better Collective covered this deal both in cash […]
Sports
February 6, 2024
AGA Expects 68M Americans to Wager $23.1B on the Big Game
The American Gaming Association (AGA) has published a new survey on the upcoming Super Bowl LVIII. According to the association, a quarter of the American adult population (26%, or 68 million) is expected to wager a whopping $23.1 billion on the Big Game. This figure would represent a significant increase from the $16 billion Americans […]
Business
February 6, 2024
Light & Wonder Teams Up with RubyPlay, Expands Deal with Everi Digital
Light & Wonder has unveiled a new partnership with RubyPlay that would provide it with access to the latter company’s content. As a result of the deal, Light & Wonder will secure a variety of cutting-edge games, such as the Immortal Ways series and its signature Immortal Ways mechanic. For reference, the mechanic gives players […]
Industry
February 6, 2024
BOS: Sweden’s Public Transport Advertising Ban Is a Blank Lottery Ticket
The Stockholm public transport’s to ban online gambling advertising is a bad move, according to Gustaf Hoffstedt, the secretary director of The Swedish Trade Association for Online Gambling (BOS). In an opinion piece, Hoffstedt addressed the ban, saying that it would hurt both sectors. He pointed out that Stockholm public transport gets approximately SEK 20 […]
Business
February 6, 2024
Nasdaq Approves Inspired’s Plan to Regain Its Compliance
Inspired Entertainment, a leading B2B provider of gaming content, technology, hardware and services, has secured approval for its compliance plan from the Nasdaq Stock Market. The plan is for the company to file a Form 10-Q for the quarter ended September 30, 2023, by February 28, 2024, at the latest. In addition to filing the […]
Business
February 6, 2024
Evolution to Acquire Livespins in a $5.4M Deal
A few days after posting an impressive 2023 financial report, Evolution has unveiled a major acquisition deal. As announced, the leading B2B casino solution provider will acquire the socially charged product Livespins in a EUR 5 million (approximately $5.4 million) deal. Livespins, for reference, is an innovative product that allows players to bet behind their […]
Business
February 5, 2024
Allwyn Secures 70% Stake in Instant Win Gaming
Lottery leader Allwyn announced that it has teamed up with Instant Win Gaming (IWG), a leading supplier of digital e-Instant and instant win games. According to the announcement, Allwyn has joined forces with IWG’s co-founders, Rhydian Fisher and Simon Bucknall, and will work with them to unlock new opportunities to innovate the instant win games […]
Business
February 5, 2024
Stake.com Taps into Enteractive’s Reactivation Solutions
Online casino powerhouse Stake.com has formed a partnership with Enteractive, a leader in player conversion and reactivation. Under the agreement, the latter party will support Stake’s existing CRM services with bespoke reactivation campaigns. The online gambling operator seeks to win back players and optimize its revenue. To that end, Enteractive’s campaigns will focus on the […]
Business
February 5, 2024
Kindred: Only 3.1% of the Q4 Revenue Came from Harmful Gambling
Kindred Group has released another update on its Journey towards Zero, an initiative that has seen the company minimize the funds it takes from problem players. According to Kindred, only 3.1% of its revenue in Q4 2023 came from harmful gambling. This is an improvement from Q3 when the company took 3.3% of its revenue […]
Business
February 5, 2024
Klas Winberg Joins Videoslots as CCO
Videoslots has welcomed Klas Winberg as its new chief commercial officer. Described as a “visionary leader with two decades of iGaming excellence,” Winberg will now be tasked with driving success for the online casino company. According to Videoslots, the new appointee is a performance-driven professional with a long history of success in iGaming. Prior to […]
