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Angel Hristov's latest articles
Business
January 21, 2025
MGM China Unveils Salary Increase for 99% of Its Workforce
MGM China Holdings Limited, a leading casino and hospitality giant in Macau, has unveiled a new salary increase that will affect most of its workers. The company thanked its workers for their hard work and incredible commitment, which have driven continued business growth. MGM China Recognized Its Workers’ Contributions According to MGM China’s official announcement, […]
Lottery
January 21, 2025
IGT Signs 10-Year Deal to Supply Solutions to Luxembourg’s Lottery
IGT, a leader in the provision of gaming content and tech to operators, has unveiled a new contract with the national lottery of Luxembourg, Loterie Nationale. Per the agreement, the supplier will power the lottery’s operation with cutting-edge technology and games. IGT Powers the Luxembourg Lottery with Its Technology According to the announcement, the new […]
Industry
January 21, 2025
UK Auditing Regulator to Investigate KPMG’s Audit of Entain
The Financial Reporting Council (FRC) of the United Kingdom, an independent regulator responsible for auditors, accountants and actuaries, has launched an investigation into KPMG’s audit of Entain’s financials. The probe comes amid KPMG’s shaky reputation in the wake of recent scandals. FRC to Investigate the 2022 Audit As confirmed by the FRC, the body has commenced […]
Business
January 20, 2025
EveryMatrix’s Growth Continues as Company Posts Record 2024 Results
EveryMatrix, an industry-leading provider of iGaming tech and content has published its financials for 2024, highlighting an unprecedented success for its business. The company’s leadership applauded the results and said that it hoped the momentum would continue. A Strong Year for the Provider In the fourth quarter of 2024, EveryMarix set a new quarterly record […]
Business
January 20, 2025
GiG’s Sweepstakes Platform Hits the Market with Primero
Gaming Innovation Group (GiG) announced that it has launched its new sweepstakes casino platform online, revolutionizing the sector. This latest product underscores the company’s commitment to fostering innovation in new and emerging markets. GiG’s SweepX Goes Live According to GiG’s announcement, SweepX is now live with new partner Primero under the goldrushcity.com brand. The former […]
Legal
January 20, 2025
Genshin Impact Dev Faces $20M FTC Fine over Loot Boxes
Cognosphere, the developer of the famous gacha game Genshin Impact risks a $20 million penalty over violations related to loot boxes. Genshin Impact Under Fire for Violations Genshin Impact, in classical gacha game style, offers randomized prizes to its players. Originating from the Japanese gachapon machines, the term gacha designates titles where players can spend […]
Business
January 17, 2025
Compliance Specialist Letzz Secures Investment from Ex-Kindred CEO
Letzz, a startup compliance specialist, has unveiled a major investment from a former Kindred executive. The former firm, which seeks to leverage artificial intelligence to “eliminate tedious tasks and transform compliance into a growth driver,” hailed the backing and said that it will provide its business with a much needed boost. The Investment Will Help […]
Industry
January 17, 2025
IGT’s Games Mint Four More Millionaires in December
International Game Technology (IGT), a global leader in the provision of gaming content and technology to gambling operators, announced that its flagship games have awarded four seven-figure jackpots in December. Four Players Won Big with IGT According to IGT’s announcement, its Wheel of Fortune and Powerbucks slot games minted four new millionaires in the final […]
Industry
January 16, 2025
SPGA Praises New Jersey Bill That Would Regulate Sweepstakes
The Social and Promotional Games Association (SPGA), a newly-founded body that seeks to champion the interests of the sweepstakes gaming sector, has hailed Assemblyman Clinton Calabrese’s new bill in New Jersey. According to the body, the lawmaker’s measure aligns with its core ideals. Calabrese Wants to Legalize and Regulate Sweepstakes For context, Calabrese just introduced […]
Industry
January 16, 2025
Netherlands to Open Gambling Harm Treatment Center in Amsterdam
The Netherlands’ National Information Center for Gambling Players (Slicks) is working on a new support center in Amsterdam. As announced by the Kansspelautoriteit (KSA), the Netherlands’ gambling authority, the new center will offer programs that help gamblers overcome gambling addiction. The Center Will Help Problem Players Get Back in Control According to the announcement, this […]
