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Angel Hristov's latest articles
Business
April 11, 2025
Rank Group Posts Strong Q3 Report, Optimistic about FY 2024/25
Rank Group has published its financial results for the third quarter of the fiscal year, highlighting an increase in net gaming revenue. All of the group’s divisions experienced growth, cementing Q3 (the three-month period ended March 31, 2025) as a strong time for the company. The Company’s Metrics Increased Across the Board In the third […]
Industry
April 11, 2025
European Commission Says Belgium Did Not Favor Ladbrokes
The European Commission (EC) has issued a ruling on a long-standing dispute involving Ladbrokes and Belgium. In an official statement on its website, the EC concluded that the sports betting operator did not receive any unauthorized aid from the state. The commission also noted that a non-confidential version of its decision will be published at […]
Business
April 11, 2025
NOVOMATIC Secures Supplier’s License in the UAE
NOVOMATIC, a pioneer in gaming describing itself as Europe’s leading gaming tech group, announced that it has secured a gaming vendor license in the United Arab Emirates (UAE). The UAE has been making significant strides toward regulated gaming, causing gaming operators and suppliers to vie for a license. The GCGRA Licensed NOVOMATIC According to the […]
Business
April 10, 2025
Bragg Gaming Unveils Partnership with and Stake in RapidPlay
Bragg Gaming Group, a global provider of iGaming content and technology, unveiled the acquisition of a strategic equity stake in RapidPlay, a Brazilian game development studio. In addition to that, Bragg confirmed a partnership with the Brazilian game specialist. RapidPlay Is a Brazilian Visionary According to Bragg, RapidPlay is a high-performance studio founded by seasoned […]
Business
April 10, 2025
Regulators Greenlight Flutter’s Takeover of Snaitech
Flutter Entertainment, a company describing itself as the world’s leading online sports betting and iGaming operator, announced that its acquisition of Snaitech (Snai), one of Italy’s leading omni-channel operators, has secured the necessary regulatory approvals to proceed. The Takeover Can Move Forward Flutter elaborated that its takeover of Snai has received all necessary antitrust, gaming […]
Industry
April 10, 2025
Philippines Posts 2024 Industry Report, Highlights Record GGR
The Philippine Amusement and Gaming Corporation (PAGCOR) published information about the local gaming industry’s performance in 2024, outlining record-breaking gross gaming revenue for the period. Philippine Gaming Is Still Growing In its official release, the PAGCOR said that the Philippine gaming industry’s GGR for 2024 stood at PHP 372.33 billion ($6.5 million), marking a staggering […]
Industry
April 10, 2025
VGCC Reminds Clubs to Follow Holiday Restrictions Ahead of Good Friday, ANZAC Day
The Victorian Gambling and Casino Control Commission (VGCCC) issued a reminder to state pubs and clubs to obey the holiday trading hours. Coming ahead of the Good Friday and ANZAC Day public holidays, the reminder pointed out that violators will risk fines and other penalties. Two Major Holidays Approach As Easter and the ANZAC Day […]
Legal
April 9, 2025
Maryland Slaps Kalshi with Cease-and-Desist Letter
Maryland has become the sixth state to issue a cease-and-desist order to Kalshi, a prediction market for trading event contracts. This aligns with a strong pushback against the platform, as well as with a broader pushback against betting alternatives. Kalshi Has Been Growing Steadily Kalshi, which offers contracts on the outcomes of sports and other […]
Business
April 8, 2025
Former AGA SVP Sara Slane Joins Kalshi
Sara Slane, a former American Gaming Association (AGA) member announced that she will be joining Kalshi, a fast-growing platform that offers contracts on the outcomes of sports. Slane, who once played a key role in the overturning of the PASPA, will serve the prediction market as its new head of corporate development. Slane Is Excited […]
Business
April 8, 2025
The Star Enters Binding Term Sheet with Bally’s, Completes Sydney Asset Sale
The Star Entertainment Group, Australia’s embattled casino operator, announced that it has struck a definitive debt financing deal with Bally’s Corporation. In addition to that, the former company confirmed the completion of its sale of The Star Sydney Event Centre. The Deal with Bally’s Progresses In line with its recent announcement, The Star entered into […]
