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Angel Hristov's latest articles
Business
February 27, 2025
GiG Software Publishes 2024 Report, Expresses Optimism Despite the Challenges
GiG Software, a leading business-to-business provider of iGaming technology, has posted its report for Q4 and FY 2024. The report highlighted mixed results in the wake of GiG’s historic business split into GiG Software and Gentoo Media. GiG Software Reports Suboptimal Q4 Results For the fourth quarter of the year, GiG Software reported underlying revenue […]
Industry
February 27, 2025
GamCare Taps Healthcare Heavyweight Corbishley as CEO
GamCare, the charity responsible for the United Kingdom’s problem gambling hotline, announced the appointment of Victoria Corbishley as its new chief executive officer. The service praised its new heads’ leadership experience and said that her appointment comes at a “pivotal moment” for the healthcare and gaming sectors. Victoria Corbishley Joins the GamCare Team Corbishley is […]
Business
February 26, 2025
Kambi Posts Stable 2024 Report But Modest Guidance Alienates Investors
Kambi Group has published its Q4 and FY 2024 results, highlighting a slight increase in revenue. Despite that, the company’s modest guidance caused its shares to take a dip. Kambi’s Results Were Mostly Stable In its report, Kambi reported revenue of EUR 44.5 million ($46.6 million) for Q4 and EUR 176.4 million ($185 million) for […]
Business
February 26, 2025
Caesars Publishes 2024 Financials, Considers Divesting Non-Core Assets
American gaming powerhouse Caesars Entertainment has published its Q4 and FY 2024 financials, highlighting stable revenue and an increase in net income, despite a slight decline in adjusted EBITDA. In addition to that, the company announced that it is open to the possibility of selling more non-core assets in order to reduce its debt. Caesars […]
Business
February 26, 2025
IGT Revenue Slightly Down in 2024 But Business Remains Strong
Gaming leader IGT has published its Q4 and FY 2024 report, outlining a slowdown in revenue and debt reduction successes. The Company’s Financials Remain Strong Despite Fluctuations In Q4, the company reported revenue of $651 million, down 4% year-on-year. Despite that, instant ticket and draw game sales remained strong. The company posted income from continuing […]
Business
February 25, 2025
US Travel Association Names MGM CEO Hornbuckle National Chair
The US Travel Association has reinforced its board of directors with a major new addition. The new appointee is William “Bill” Hornbuckle, the president and chief executive officer of gaming and hospitality giant MGM Resorts International, who will serve as the association’s new national chair. Casino CEO Was Named National Chair Hornbuckle’s new position was […]
Industry
February 25, 2025
PEGI Agrees to Lower Balatro and Luck Be A Landlord’s Age Rating
The Pan European Game Information (PEGI), a European organization tasked with rating video games, has lowered the age rating of indie hits Balatro and Luck Be A Landlord to 12+. This is a major win for the two titles, which have been struggling because of their gambling themes. In addition to that, PEGI agreed to […]
Lottery
February 25, 2025
Texas Lottery Commission Puts Forward Ban on Lottery Couriers
The Texas Lottery Commission has put forward a proposed ban on lottery courier services amid recent controversies. Local authorities have long argued that such products undermine the integrity of the lottery and are akin to online gambling. Lottery Couriers Have Stirred Controversies Lottery couriers are services, which purchase lottery tickets on behalf of players and […]
Casino
February 25, 2025
Boyd Gaming Prepares to Begin Work on Its Latest Nevada Property
Jokers Wild, a casino in Henderson, Nevada, is set to close in the future as Boyd Gaming prepares to open a new property in the city. The new venue is expected to be completed in a few years. Jokers Wild to Close Once Cadence Crossing Casino Is Completed Jokers Wild, originally known as the Cattle […]
Industry
February 25, 2025
Resorts World Guests Waited in Line for Hours Due to Technical Issues
Resorts World Las Vegas’ image has taken a blow after a bug caused thousands of guests to wait for hours to check-in. Although the property mitigated some of the damage, many visitors were left displeased. Technical Mistake Caused Thousands to Wait in Line As it turned out, Resorts World Las Vegas’ systems experienced a glitch, […]