Angel Hristov's latest articles
Business
November 6, 2023
Konami Posts H1 FY2024 Results, Reports Increase in Gaming & Systems Segment
Entertainment powerhouse Konami Group has posted its results for the first half of the fiscal year. The company reported its results for the six-month period ended September 30, marking a sharp increase in its Amusement and Gaming & Systems segments. The company’s overall revenue increased by 3.7% year-on-year to JPT 153.9 billion (roughly $1.02 billion). […]
Sports
November 3, 2023
HBA Ensures Global Melbourne Cup Distribution ahead of the Race
Australia braces as the Melbourne Cup looms. The four-day Race that Stops a Nation is set to kick off on November 7, bringing tons of excitement to fans of racing and bettors alike. The $8.4 million feature race is set to take place at Flemington Racecourse and will be presented by 25 broadcasters in 209+ […]
Industry
November 3, 2023
Cloudflare: DDoS Attacks on Gambling Companies Are Intensifying
Gambling operators should beware as DDoS attacks against gambling companies seem to be ramping up. According to Cloudflare, November and December could prove to be very dangerous months for companies in the sector. According to the web performance and security company, Q3 saw attacks on gambling companies exceed those on cryptocurrency companies. Such attacks usually […]
Industry
November 3, 2023
Petition Wants the UK to Abandon Its Affordability Checks Plans
A new petition in the UK seeks to oppose the government’s planned implementation of financial checks. The controversial measure, outlined in the white paper, would see the government conduct affordability assessments on people who lose certain sums of money to gambling. The proposed measure would force operators to conduct checks on anyone who loses more […]
Business
November 3, 2023
DraftKings’ Q3 Results and Improved Guidance Highlight the Success of Its Strategy
DraftKings has published its Q3 2023 results, updating its guidance thanks to its strong performance. The American betting company posted revenue of $790 million for the period – a figure that represents a staggering 57% year-on-year increase from the $502 million recorded in 2022. In the wake of this strong figure, DraftKings raised its FY […]
Business
November 3, 2023
BetMGM Launches Borgata Bingo Online App in NJ
Gambling juggernaut BetMGM has announced the launch of Borgata Bingo online in New Jersey. The new online bingo platform provides local consumers with access to the first 75-ball real money online bingo product in America. The new product is built for BetMGM by Entain and leverages the former company’s experience in the global gaming sector […]
Industry
November 2, 2023
Spelinspektionen Issues $809,300 Fine to Videoslots over AML Failings
Sweden’s gambling regulator, the Spelinspektionen, has issued a penalty fee to Videoslots. According to the authority, the gambling operator failed to properly measure risk and committed anti-money laundering (AML) and counter-terrorist financing (CTF) violations. For reference, Videoslots is a licensed operator that offers gambling in Sweden through its videoslots.com website. As noted by the Spelinspektionen, […]
Business
November 2, 2023
ESPN BET Is Set to Officially Launch on November 14
ESPN BET, one of the most highly-anticipated online sports betting platforms in the United States, finally has an official launch date. As announced by ESPN, the new online sportsbook is set to debut on November 14. ESPN BET is set to launch in a total of 17 states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, […]
Business
November 2, 2023
RSI Publishes Q3 Report, Highlights a Quarter of Increasing Profitability
Rush Street Interactive (RSI), a leading US iGaming and sports betting company, has published its Q3 report, covering the period ended September 30. The company recorded higher metrics and lower losses and is optimistic about its future in the iGaming sector. RSI posted revenue of $169.9 million, which represents a year-on-year increase of 15%. Q3 […]
Industry
November 2, 2023
SZRT Relaunches TippmixPro with OddsMatrix’s Help
Earlier this year, Szerencsejáték Privately Held Company Limited (SZRT), the company behind Hungary’s national lottery, awarded EveryMatrix the public tender to provide the TippmixPro brand with advanced digital sports betting software solutions and services. The agreement was awarded to EveryMatrix following a 15-month competitive procurement process that attracted over 25 participants. Several months later, the […]
