Angel Hristov's latest articles
Business
February 5, 2025
Table Trac Agrees to Power Apache Nugget with CMS Solution
Casino software developer Table Trac announced that it has signed an agreement with Apache Nugget Corporation, a business owned by the Jicarilla Apache Nation. Per the agreement, the former entity will power the tribal operator with its cutting-edge solutions. Table Trac Integrates CMS Product into Apache Nugget’s Business As agreed, Table Trac will deploy its […]
Industry
February 5, 2025
Colombia Blocks 10K Illegal Gaming Websites and Social Media Accounts
Colombia’s gambling regulator, Coljuegos, announced that it has blocked a staggering 10,000 unlicensed gambling websites and social media accounts promoting illegal games of chance. The authority reiterated its stance on offshore entities, vowing to crack down on illicit products. Coljuegos Says 10,000 Entities Have Been Blocked The Coljuegos said that the 10,000 portals it blocked […]
Industry
February 4, 2025
UKGC Unveils Changes to Deposit Limits, Fund Protection Transparency
The UK Gambling Commission (UKGC) has confirmed new changes to deposit limits and player fund protection. The changes align with the 2023 white paper measures seeking to reform British gaming for the digital age. Players Will Have More Control over Their Limits According to the announcement, the new rules will provide players with more freedom […]
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 […]
