Angel Hristov's latest articles
Business
December 13, 2023
Crown’s CEO Is Under Investigation for Reinstating Removed Patrons
Ciaran Carruthers, the chief executive officer of the Australian casino and hospitality leader Crown Resorts, is under investigation over allegations that he allowed removed patrons back into the company’s properties. The company’s board has launched an investigation to see if the allegations are correct. As reported by The Australian Financial Review, Carruthers is suspected of […]
Industry
December 13, 2023
Brazil: Senate Greenlights Sports Betting, Turns Down iGaming
Brazil’s Senate has okayed regulated sports betting but did not approve iGaming. While the Senate approved the amendments to Bill 3,626/2023, online gambling did not appear on the bill. Originally supposed to take place in November, the vote was postponed on several occasions. Proposed by Senator Angelo Coronel, the approved version of the bill included […]
Business
December 13, 2023
Entain’s CEO Jette Nygaard-Andersen Departs with Immediate Effect
Jette Nygaard-Andersen, the chief executive officer of the global gambling giant Entain, has announced her departure from the group. Nygaard-Andersen believes that the recent resolution of the HMRC investigation is a clean inflection point and will therefore leave with immediate effect. Jette Nygaard-Andersen commented on her departure from the team, describing the past three years […]
Industry
December 12, 2023
NY Mobile Betting Reports $2B in Handle for the Second Month in a Row
The New York sports betting market continues to post record-breaking monthly results. As reported by the New York State Gaming Commission, sports betting operators in the state recorded betting handle of $2.1 billion in November. This exceeds October’s spectacular results when the industry also exceeded $2 billion in bets, becoming the first state to surpass […]
Business
December 12, 2023
Sportradar Joins Forces with TDI to Innovate Tennis Betting Tech
Sports technology specialist Sportradar has signed a multi-year deal with Tennis Data Innovations (TDI), a joint venture of ATP and ATP Media. Under the deal, TDI will provide Sportradar with global data and streaming rights for betting, as well as media data rights, for all ATP Tour and ATP Challenger Tour events. According to the […]
Business
December 11, 2023
NeoGames’ Pariplay Injects Games into Tipico in New Jersey
Pariplay, a subsidiary of the leading B2B provider NeoGames, has teamed up with Tipico’s US arm. Under the deal, the gambling operator will onboard some of Pariplay’s best games, expanding the provider’s presence in North America. As agreed, Pariplay will leverage its proprietary studio, Wizard Games, as well as its aggregation platform, Fusion, to inject […]
Industry
December 11, 2023
Stuart Andrew Expects the Statutory Levy to Go Live Next Summer
As per the white paper, the United Kingdom is planning to proceed with its plans to introduce the statutory levy. The country’s current gambling minister, Stuart Andrew, believes that the UK will be able to deliver it for summer 2024. For reference, the statutory levy is a measure that would force gambling operators to pay […]
Business
December 11, 2023
IG Group Welcomes Fintech Heavyweight Breon Corcoran as CEO
IG Group Holdings, a UK-based online trading provider, has announced the appointment of Breon Corcoran to its leadership team. According to the company’s official announcement, the new appointee will assume the role of the group’s new chief executive officer from January 29, 2024. In addition to taking the lead at IG Group, Corcoran will also […]
Business
December 11, 2023
GiG Names iGaming and Finance Powerhouse Matthew Saxon as CTO
Gaming Innovation Group, (GiG) has reinforced its technology team with the appointment of the experienced Matthew Saxon as its new chief technology officer for Platform & Sportsbook. This is in line with the division’s recent efforts to reinforce its senior leadership under Platform & Sportsbook CEO Richard Carter. According to GiG, Saxon is a proven […]
Casino
December 11, 2023
Singapore’s GRA Hands $1.67M Fine to Resorts World Sentosa for AML Breaches
Singapore’s Gambling Regulatory Authority (GRA) announced that it has penalized Resorts World Sentosa (RWS) over due diligence failures. According to the authority, the casino failed to perform the checks outlined in the Casino Control Act 2006 (CCA) and the Casino Control (Prevention of Money Laundering and Terrorism Financing) Regulations 2009 (PMLTF Regulations). Back in 2020, […]
