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Angel Hristov's latest articles
Industry
May 24, 2024
MGA’s GREF 2024 Conference Underscored the Importance of Unity in Regulation
The Malta Gaming Authority just hosted the Gaming Regulators European Forum’s (GREF) 2024 conference in Malta. The important event took place from May 20 to 22 and was attended by more than 90 representatives of regulatory bodies from over 25 countries. This year’s event welcomed regulators from other continents for the first time, expanding the […]
Industry
May 24, 2024
KSA to Take Stricter Action against Halls without Permits
The Dutch gambling regulator Kansspelautoriteit (KSA) announced that it will enforce stricter measures in order to combat illegal gambling machines. This announcement was prompted by the increasing number of reports about violations in the Netherlands. According to the KSA, the authority continues to receive reports about operator companies that do not comply with the Dutch […]
Business
May 24, 2024
Kindred Announces Major Shifts in Shareholding
Kindred Group, one of the world’s leading iGaming operators with business across several continents, has announced changes in the stakes held by two of its most prominent shareholders. In three consecutive updates, the company announced that The Goldman Sachs Group and JPMorgan Chase & Co have modified their respective shares in the company. Both companies […]
Business
May 23, 2024
DraftKings Completes $750M Acquisition of Jackpocket
In February, DraftKings finalized a $750 million acquisition deal with Jackpocket, a prominent lottery app in America. The transaction has now been officially completed, cementing the former company as the owner of the leading lottery specialist. Jackpocket is an app that has been favored by millions of customers across the US. Thanks to its innovative […]
Industry
May 23, 2024
Dutch Study: Offshore Operators Allow Minors to Gamble
The Dutch arm of Quality Mark for Responsible Affiliates – Keurmerk Verantwoorde Affiliates (KVA) – has published a new study that shows how easy it is for minors to gamble with unlicensed companies. While legal operators can only offer gambling to players over 18, their illegal counterparts often allow customers to open accounts and deposit […]
Business
May 22, 2024
4ThePlayer Secures License in Pennsylvania
4ThePlayer, an award-winning creator of player-centric, innovative gambling games, announced that it has secured a new license in Pennsylvania. According to the announcement, the Pennsylvania Gaming Control Board (PGCB) approved the company’s participation in the Commonwealth’s online casino market at a recent meeting. This marks yet another major development for the up-and-coming company and aligns […]
Industry
May 22, 2024
Novibet Joins IBIA Ahead of Brazil License Bid
Novibet, a major online sports betting operator, has become the latest member of the International Betting Integrity Association (IBIA). This move comes ahead of Novibet’s bid for a license in Brazil. For context, Brazil’s regulations require all companies that wish to offer sports betting to join an international integrity body. As a result, multiple sportsbooks […]
Industry
May 22, 2024
Spelinspektionen Bans WiseAvant OÜ over Unlicensed Betting
The Swedish Gaming Authority (Spelinspektionen) has banned WiseAvant OÜ, which provided games of chance to Swedish customers without possessing the necessary license. This is notably the sixth unlicensed operator the authority has banned this year. According to the Spelinspektionen, WiseAvant OÜ’s website organized lotteries with video game skins. Skins gambling is a controversial emerging vertical […]
Business
May 22, 2024
Playtech Posts Trading Update, Caliplay Fees Remain Uncollected
Playtech has published а trading update for the period from January 1 to April 30, reporting a solid trading performance and robust underlying trends. The company’s successes, however, were partly offset by the customer-friendly sporting results, the report noted. In the four-month period outlined in the update, Playtech’s B2B division recorded strong performance thanks to […]
Industry
May 22, 2024
Charity Commission Launches Investigation into GambleAware
The UK Charity Commission has officially opened an investigation into GambleAware, Britain’s biggest gambling harm charity. This comes after a complaint by the Good Law Project alleged that the non-profit is too closely related to the gambling industry. The Good Law project previously accused GambleAware of reliance on gambling industry funds, alleging that its activities […]
