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Angel Hristov's latest articles
Business
February 13, 2025
MGM Resorts Posts Strong 2024 Report Despite Mixed Q4
Gaming giant MGM Resorts has posted its results for 2024, reporting an all-time high net revenue, underpinned by the steady growth of MGM China. The BetMGM digital business, on the other hand, is nearing profitability. The Q4 Report Was Mixed The fourth quarter of the year saw MGM Resorts report consolidated net revenues of $4.3 […]
Casino
February 13, 2025
Trainwreck Hits $12M on Duck Hunters, Praises NoLimit City
Popular streamer Trainwreck hit $12 million on a Kick stream playing Duck Hunters and criticized Hacksaw Gaming and Pragmatic Play for inaccurate RTP calculations. Trainwreck Wins $12 Million on Duck Hunters Tyler Faraz Niknam better known as Trainwreckstv or simply Trainwreck is an American live streamer who’s popular for his gambling-related content. Recently, the 34-year-old […]
Industry
February 12, 2025
BGC CEO Encourages Collaboration as Black Market Grows
Grainne Hurst, the chief executive officer of Britain’s Betting and Gamin Council (BGC) has spoken at the annual Gambling Anti-Money Laundering Group (GAMLG) training event, warning participants of the growing illegal gambling market and the dangers it poses to the regulated industry. Hurst encouraged collaboration in the war on the black market, saying that it […]
Industry
February 12, 2025
Stake to Exit the UK After Investigation Into Controversial Ad
The UK Gambling Commission (UKGC) announced that online gaming giant Stake.com will be leaving the UK market. This follows an investigation into a controversial social media ad. Stake to Exit the UK Stake.com, which champions crypto and online gambling, was recently investigated by the UKGC over a widely viewed video, which featured the brand’s logo. […]
Business
February 12, 2025
Light & Wonder Promotes from Within, Names Nathan Drane CPO
Light & Wonder, an American leader in the provision of gambling products and services, announced that it has enhanced its leadership with the appointment of a new C-suite member. The company clarified that long-term member Nathan Drane will assume the role of chief product officer and oversee the B2B company’s pipeline. The appointment comes a […]
Sports
February 11, 2025
Allwyn Joins Formula 1 as Official Partner, Vows to Empower Fans
International lottery giant Allwyn has unveiled a major new partnership with Formula 1. Coming just in time for F1’s 75th anniversary, the tie-up will celebrate the sport, promoting the excitement of professional racing. Allwyn Joins F1 as Official Partner According to the official announcement, the deal will increase Allwyn’s global awareness, cementing the company as […]

Industry
February 11, 2025
Gibraltar Adopts INTERPOL’s I-GRIP Mechanism to Freeze Illicit Funds
The Gibraltar Financial Intelligence Unit (GFIU) has unveiled a new tie-up with INTERPOL that would strengthen the British Overseas Territory’s anti-financial fraud mechanisms. Known as a major licensing hub for gambling, Gibraltar is always at a higher risk of being exploited by criminal organizations. GFIU Joins Forces with INTERPOL According to the announcement, Gibraltar’s GFIU […]

Business
February 11, 2025
Catena Media Posts Weak 2024 Results, Remains Confident in Its Strategy
Affiliate powerhouse Catena Media has published its year-end report for the period January-December 2024. Despite a noticeable decline in revenue, the company remains confident that its business strategy will soon pay off. Optimization Measures Stabilized EBITDA in Q4 In Q4 2024, Catena Мedia reported EUR 10.2 million ($10.5 million) in revenue from continuing operations. This […]

Industry
February 11, 2025
DGOJ Welcomed Spanish Operators and Regulators in Latest AML Meeting
Spain’s national gaming regulator, the DGOJ, has met with gaming operators to discuss the future of money laundering prevention in the country. The authority sought to create a space where industry stakeholders could openly discuss the matter and propose possible improvements. Regulators and Operators Discussed AML Measures The DGOJ’s latest meeting was hosted in partnership […]
Business
February 10, 2025
Kindred Publishes Responsible Gambling Metrics for H2 2024
Kindred Group has published its latest Responsible Gambling Metrics report, highlighting its success in tackling harm in the six months ended December 31. The second half of 2024 showed that the percentage of customers who reduced their spending after intervention declined slightly. Many Players Reduced Their Gaming and Spending after Intervention The H2 responsible gambling […]