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Angel Hristov's latest articles
Industry
February 4, 2025
KSA Reminds Operators to Conduct Affordability Checks
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), asked operators to make sure that their customers can afford playing. By making sure that the money players bet correspond to their income, companies can prevent gambling harm and money laundering. KSA Asked Companies to Adhere to the New Rules As outlined in the Responsible Gaming Policy 2024, […]
Industry
February 4, 2025
Australia: Gambling and Alcohol Firms Donated $1.5M to Politics
A new report by the Australian Electoral Commission (AEC) revealed that alcohol and gambling companies have spent some AUD 2.5 million on political donations during the 2023-2024 fiscal year alone. This was critiqued by the Foundation for Alcohol Research and Education (FARE) and the Alliance for Gambling Reform (AGR), who said that these efforts jeopardize […]
Business
February 4, 2025
BetMGM Posts 2024 Report, Expects to Meet 2025 EBITDA Goals
Betting and gaming juggernaut BetMGM has published its FY 2024 financials, delivering revenue growth and optimistic EBITDA forecasts. While the brand is still EBITDA negative, it is convinced that 2025 may be a turning point. BetMGM Hopes to Turn EBITDA-Positive Soon BetMGM, which is jointly owned by MGM Resorts International and Entain, reported net revenue […]
Casino
February 3, 2025
PAGCOR Shutters Unprofitable Casino, Prepares to Close a Second One
The Philippine Amusement and Gaming Corporation (PAGCOR) announced that it will be closing two underperforming casinos, in line with its rationalization plan. The Two Sites Were Not Profitable On February 3, the PAGCOR confirmed that the Casino Filipino site in Talisay, Cebu has already been closed off. In the meantime, the agency noted that it […]
Industry
January 31, 2025
Spelinspektionen Reports Rise in Gambling Among Young Adults and Minors
The Swedish Gambling Authority (Spelinspektionen) has published a new report on youth gambling, reporting an increase in the percentage of younger citizens playing real-money games of chance. As it turns out, young men are at an especially high risk of gambling harm. Newer Gaming Verticals Have Engaged Younger Players The findings, outlined in the 2024 […]
Business
January 31, 2025
Philippine Gaming Grows as PAGCOR Announces Revenue Record
The Philippine Amusement and Gaming Corporation (PAGCOR) published its report for 2024, revealing a new all-time high revenue and income figures. Chair & CEO Alejandro Tengco praised the metrics, saying that the corporation is pleased with this stellar progress. The PAGCOR Exceeded the PHP 100B Mark According to the PAGCOR’s report, its annual revenues for […]
Industry
January 31, 2025
UKGC Launches Third Round of White Paper Consultations
The United Kingdom’s Gambling Commission (UKGC) has launched a new consultation into safer gambling as Britain’s gaming reforms continue. The UK has been working hard to modernize its gambling laws but striking the right balance between fair regulation and player protection has proven a challenging task. The Third Round of Consultations Begins The Gambling Act […]
Industry
January 30, 2025
PGCB Fines BetMGM & Two Others, Bans Several Adults from Gambling
The Pennsylvania Gaming Control Board (PGCB) announced that it has handed $282K in fines to three gaming operators. In addition to that, the board placed several people on its involuntary self-exclusion list. BetMGM Committed a Serious Violation In its official release, the PGCB confirmed that it has approved fines against three operators. Originally proposed by […]
Business
January 29, 2025
Bragg Publishes Preliminary 2024 Report, Posts Optimistic 2025 Guidance
Bragg Gaming Group, a global B2B iGaming content and tech provider, has published its preliminary unaudited results for 2024, highlighting anticipated revenue and EBITDA growth. The company added that it expects its financial to continue increasing in 2025. Bragg Is Looking Forward to Good Financials According to the report, Bragg anticipates FY 2024 revenue of […]
Business
January 29, 2025
Playtech Parts Ways with Chair Mattingley, Introduces Changes to Board
Gambling software powerhouse Playtech announced board changes, including the resignation of its chair and changes to the structure of its committees. Mattingley to Exit After Four Years with the Company On January 29, Playtech confirmed that Brian Mattingley has decided to step down as chair and depart from the board. He agreed to remain on […]
