Angel Hristov's latest articles
Business
November 12, 2025
Aristocrat’s Strong FY Report Highlights $915M in Shareholder Returns
Australian gaming manufacturer Aristocrat has published its financial results for the fiscal year, reporting strong performance in the second half of the year. Thanks to that, the company returned AUD 1.4 billion ($915M) to shareholders. Aristocrat Recorded Double-Digit Growth Across Key Metrics In its report, Aristocrat highlighted revenue of AUD 6.3 billion ($4.1 billion), up […]
Lottery
November 11, 2025
Mega Millions Jackpot Reaches Its Eighth-Highest Sum
The Mega Millions jackpot has once again evaded players and is now nearing the monumental threshold of $1 billion. As of the time of this writing, the jackpot is standing at $900 million, with the next drawing set to take place within several hours. The Jackpot Is Nearing the $1B Mark The Mega Millions jackpot […]
Industry
November 11, 2025
ProphetX Files for DCM, DCO Status in the US
ProphetX, a user-driven sports prediction market, announced that it has submitted Commodity Futures Trading Commission (CFTC) applications to be registered as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). ProphetX Is in the Perfect Spot to Create a Vertically Integrated Marketplace In its official announcement, ProphetX announced that, if approved, it will […]
Business
November 10, 2025
Gaming Heavyweight Ramiro Atucha Unveils LATAM-Focused Gaming Consultancy
Gaming industry heavyweight Ramiro Atucha has unveiled the launch of a new consultancy firm called Atucha Strategic Advisory. The firm will have an initial focus on the Latin American market, helping companies tap into the opportunities inherent to the rapidly growing sector. The New Consultancy Will Be LATAM-Focused at First According to the announcement, Atucha […]
Industry
November 10, 2025
BGC: Study Says Higher Taxes Weaken Regulated Gaming
The UK Betting and Gaming Council has published the results of a new study on higher gambling taxes and their effect on the gaming ecosystem. The study, conducted by PwC, strongly suggested links between over-taxation and a strong black market. Higher-Tax Countries Experience Bigger Black-Market Struggles For its study, dubbed Impact of the taxation and […]
Business
November 10, 2025
OKTO Rolls Out Direct Cash-in Solution in Mexico
Next-gen payment service provider OKTO announced that its direct card-in solution is now available in Mexico, amid increased demand for such services. The company said that this will empower online casino players, providing them with unprecedented convenience. The Launch Aligns with OKTO’s LATAM Strategy According to OKTO’s announcement, the new direct card-in solution service is […]
Lottery
November 7, 2025
Mega Millions Jackpot Soars to $843M for Friday Drawing
The air is filled with anticipation as the next Mega Millions drawing looms. With the jackpot currently sitting at a staggering $843 million, fans across America are waiting with bated breath. The Longest Streak on Record, According to Officials After eluding players for quite a while, the Mega Millions jackpot has now reached an estimated […]
Industry
November 7, 2025
UKGC: Quantifying the Reach of the Black Market Proves Challenging
The UK Gambling Commission (UKGC) has published its latest industry report on the pressing issue of illegal online gambling. This is notably the final in a series of four such reports examining the various facets of the iGaming black market. Quantifying a Hidden Activity Proved Difficult Following reports on consumer awareness, engagement, and how to […]
Industry
November 7, 2025
Raketech Publishes Q3 Results, Hails Streamlining Efforts
Leading iGaming affiliate Raketech has disclosed its financial results for the third quarter of the year. The company reported mostly stable results although its revenue declined amid its ongoing streamlining measures. Raketech’s EBITDA Remained Stable Raketech reported EUR 6.2 million ($7.2 million) in revenue from continued operations, marking a decrease from EUR 10.7 million in […]
Business
November 7, 2025
DraftKings Posts Q3 Reports, Prepares to Launch Prediction Markets Soon
US gaming and betting giant DraftKings has published its business results for the third quarter of 2025 (Q3), highlighting stable financials. In addition to that, the company revised its guidance and teased that the launch of its prediction markets platform could happen very soon. A Strong Quarter for the Betting Giant In its Q3 update, […]
