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Angel Hristov's latest articles
Business
August 30, 2024
Svenska Spel Publishes Q2 Healthy Revenue Report
Svenska Spel a state-owned company in Sweden, has published its healthy revenue report for Q2 2024, detailing an increased share of revenue from low-risk consumers. The operator reiterated its commitment to responsible gambling, promising to minimize the money it takes from high-risk players. Svenska Spel’s Healthy Revenue Share Increased in Q2 In Q2 2024, Svenska […]
Business
August 30, 2024
BetMakers Posts FY 2024 Results, Highlights Reduction in Expenses
BetMakers Technology Group has published its financials for the 12-month period ended June 30, reporting an improvement in its operational discipline and a decline in expenses. The Company Reported a Reduction in Expenses Thanks to a “disciplined approach to its strategy,” BetMakers was able to improve its profitability, realizing significant material benefits. The company’s adjusted […]
Industry
August 30, 2024
Culinary Union Members Arrested in Vegas over Civil Disobedience
The Culinary Union Local 226 announced that 23 of its members have been arrested for civil disobedience. This news comes amid the union’s continued push for a new 5-year union contract at Virgin Las Vegas. Authorities Arrested 23 Culinary Union Members Virgin Las Vegas’ contract with the Culinary and Bartenders Unions expired on June 1, […]
Business
August 29, 2024
Rivalry Publishes Strong Q2 Results, Plans VIP and Crypto Investments
Rivalry, the leading sportsbook and iGaming operator for Gen Z, has published its financial report for the second quarter of the year, highlighting a jump in net revenue. The company attributed the favorable figures to its successful margin growth efforts. Rivalry Publishes Favorable Q2 Results In Q2, Rivalry handled CAD 87.8 million ($65.1 million) in […]
Industry
August 29, 2024
GambleAware Has Received £295K in RET Donations in Q1
GambleAware has published an update on the donations it received in the first quarter of the 2024/25 fiscal year. The period from April 2024 to June 2024 saw a total of £294,722.99 (approximately $388,000) in Research, Prevention, and Treatment (RPT) contributions. The Results Are In Line with Recent Years GambleAware, which relies on gaming industry […]
Poker
August 29, 2024
GGPoker to Onboard PokerArabia’s Player Base
GGPoker, the World’s Biggest Poker Room, will welcome the Middle East-oriented poker room PokerArabia to the GGPoker family. PokerArabia, which is the region’s only government-licensed online poker room, will join the GGPoker in what the latter company called a “significant milestone” in its ongoing commitment to open access to global liquidity to online poker markets […]
Industry
August 29, 2024
AGA: Americans Trust the Gaming Industry’s Responsibility Commitments
The American Gaming Association (AGA) published a new study on Americans’ attitudes toward the casino and betting sectors. According to the association, more and more citizens of the USA are “embracing casino gaming and sports betting as acceptable forms of entertainment and responsible industries.” The Americans Trust the Casino Industry The new data comes ahead […]
Business
August 28, 2024
GiG Publishes Strong Q2 Results Ahead of Strategic Split
Gaming Innovation Group (GiG) has published its financial results for the second quarter of the year (Q2). While the Media division performed well, Platform & Sportsbook struggled to catch up. Gentoo Media Posted Record-Breaking Results According to GiG, its Media division reported all-time-high revenues of EUR 30.3 million ($33.7 million), marking an increase of […]
Lottery
August 28, 2024
Mega Millions Jackpot Exceeds $600M for the 9th Time Ever
The Mega Millions thrill keeps on growing as fans have once again missed the elusive grand prize. As a result, the final jackpot of August is set to be a big one, Mega Millions officials announced. The August 27 Drawing Crowned No Winner As no one matched all six numbers drawn Tuesday night, the jackpot […]
Business
August 27, 2024
BetMGM Unveils New Features & New York Jets Partnership Ahead of NFL Season
BetMGM, a leading iGaming and sports betting operator, revealed multiple “game-changing features” ahead of the 2024 football season. Designed to elevate the customer experience, these improvements are set to redefine how fans engage with the platform. Additionally, the company unveiled a live blackjack-oriented partnership with two New York Jets players. BetMGM Changes the Game The […]
