Angel Hristov's latest articles
Business
February 17, 2025
Star Entertainment Receives Debt Financing Proposal from Oaktree Capital
The Star Entertainment Group Limited announced that it has received a debt financing proposal. The Australian operator has experienced significant financial struggles in the wake of regulatory hurdles and has been in a precarious position for a while. Oaktree to Help Star Recover As stated in an ASX filing, Star Entertainment has received a debt […]
Industry
February 17, 2025
New Jersey iGaming Expanded, Sports Betting Slowed Down in January
The New Jersey Division of Gaming Enforcement (DGE) has published data about the performance of Atlantic City’s nine casinos. According to the authority, January marked a stable start to the year despite a slight drop in total gaming revenue. The change was attributed to a decrease in sports betting that was partially offset by a […]
Industry
February 13, 2025
Seven Financial Firms Join the Efforts to Stop Problem Gambling in the UK
The Money and Mental Health Policy Institute, a charity organization founded by Martin Lewis, has unveiled a roster of financial services firms that will make up its new Gambling Harms Action Lab. In this position, the organizations will help the institute enhance support for gamblers experiencing harm. The Financial Services That Will Make Up the […]
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 […]
