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Angel Hristov's latest articles
Business
May 17, 2024
Gambling.com Group Posts Impressive Q1 Results, Updates Outlook
Gambling.com Group, a provider of digital marketing services to partners within the online gaming industry, has published its financial report for the period ended March 31, 2024. The quarter saw many of the company’s metrics increase, sparking confidence in its ability to generate revenue. Speaking of revenue, the company reported $29.2 million in revenue for […]
Industry
May 16, 2024
BGC Welcomes DCMS’ Proposed Casino Modernization Measures
Britain’s Betting and Gaming Council (BGC) commented on the recent casino modernization proposals by the Department for Culture, Media and Sport (DCMS), praising the efforts to align the UK casino regulations with the modern age. For context, the DCMS outlined a number of “modest but mission-critical” modernization measures in its white paper consultation response. The […]
Industry
May 16, 2024
AGA: Q1 2024 Was the Industry’s 13th Consecutive Quarter of Growth
The American Gaming Association has published its latest Commercial Gaming Revenue Tracker report, highlighting the performance of the US industry. The commercial gaming revenue in the US continued to gain traction, reaching a new quarterly record of $17.67 billion in Q1 2024. This period was notably the industry’s 13th consecutive quarter of growth. The AGA […]
Industry
May 16, 2024
MGC Publishes Q1 Sports Betting and Casino Report
The Massachusetts Gaming Commission has published information about the performance of the local gambling industry, highlighting a decline in taxable sports wagering revenue. Whereas the state’s eight mobile and three in-person sports betting licensees reported $58.9 million in revenue in April 2023, they now generated only $49.12 million. Despite an increase in player spending, the […]
Industry
May 16, 2024
ANJ: France’s Gambling Mediator Recorded an 11% Increase in Requests
L’Autorité Nationale des Jeux (ANJ) has published information about the performance of France’s gambling mediator. According to the French authority, the mediator received a total of 1,523 requests in 2023, marking an increase of 11% year-on-year. The mediator is responsible for helping players and operators reach amicable settlements to disputes that may arise within the […]
Business
May 16, 2024
Aristocrat Publishes Outstanding H1 Financials
Aristocrat has published its H1 report, outlining “outstanding” financials. The six months were characterized by strong profit growth, resilient operational performance and momentum, the company reported. In the first six months of the fiscal year, Aristocrat recorded a 6% growth in revenue to AUD 3.2 billion ($2.12 billion). The company attributed the favorable results to […]
Business
May 15, 2024
CDI Opens 122-Room Hotel at Terre Haute Casino Resort
Churchill Downs Incorporated (CDI) has officially opened its new 122-room hotel and event center at Terre Haute Casino Resort. The new addition to the Indiana property is set to add additional vibrancy to the complex. CDI broke ground on the entertainment venue in June 2022 in partnership with construction specialist Wilhelm Construction. The development of […]
Business
May 15, 2024
IGT Publishes Strong Q1 Report & FY 2024 Outlook
International Game Technology (IGT) has published its Q1 report, outlining stable revenue. The international gambling giant has also published its full-year outlook for 2024. In the quarter ended March 31, IGT reported revenue of $1.07 billion, up 1% from the prior year period. The favorable metric was underpinned by the strong performance of the company’s […]
Blockchain
May 15, 2024
Cypher Protocol Contributor Admits to Stealing $260K to Gamble
A core contributor to the Solana exchange Cypher Protocol has stolen hundreds of thousands of dollars to fuel their gambling addiction. The thief, hoak, eventually admitted to the wrongdoing, saying that they don’t expect to be forgiven. Hoak’s crime came to light when another Cypher contributor by the nickname Barrett alleged that the former person […]
Business
May 13, 2024
888 Rebrands as Evoke as Shareholders Approve New Identity
Gambling powerhouse 888 announced that it has officially completed its rebranding as evoke. The new identity is meant to better reflect the company’s multi-brand operating model and mission to provide cutting-edge entertainment to players. The move received almost unanimous approval as approximately 99.8% of shareholders voted in favor of the group’s name change. As evoke, […]
