Angel Hristov's latest articles
Business
November 1, 2024
Bingo Blitz Adds to the Holiday Magic with Christmas-Themed Collaborations
With Halloween out of the way, Bingo Blitz, a fan-favorite free-to-play bingo operator, is already preparing for the winter holidays. As Christmas approaches, the company announced its plan to leverage its partnership with Hallmark Channel to provide visitors to the latter company’s upcoming cruise with exciting games. The company also themed with famed actress Drew […]
Industry
November 1, 2024
Northern Ireland Seeks to Reduce Gambling Ads Amid Harm Concerns
Northern Ireland’s All-Party Group on Reducing Harm Related to Gambling has asked the government to protect vulnerable groups from harm by restricting gambling ads. This comes shortly after the Republic of Ireland introduced similar measures. Ireland Just Updated Its Framework The Republic of Ireland, for context, recently updated its regulatory framework by enacting the Gambling […]
Business
November 1, 2024
RSI Posts Strong Q3 Report, Boosts FY Guidance
Leading gaming and betting operator Rush Street Interactive (RSI), published its financials for the quarter ended September 30, outlining a vast increase in revenue and income. Because of the strong performance, Rush Street Interactive updated its guidance to reflect its current forecasts. RSI Posts Strong Metrics Across the Board Rush Street Interactive reported $232.1 million […]
Poker
October 31, 2024
RSI Redefines Poker with Phil Galfond-Backed Online Platform
Rush Street Interactive (RSI), a leading online casino and sports betting company, has announced the official launch of its new online poker platform in Pennsylvania. Developed in close partnership with pro poker player Phil Galfond, the platform seeks to offer experiences designed by players for players. By Players for Players According to RSI, its BetRivers […]
Business
October 31, 2024
Crown Resorts Names Veteran IR Executive David Tsai as CEO
Australian casino and hospitality giant Crown Resorts announced the appointment of a new chief executive officer. The appointee will step into the office amid the business’ recovery in the wake of regulatory scrutiny. A Proven IR Executive Joins Crown as CEO As announced by Crown Resorts’ board of directors, it has selected David Tsai as […]
Business
October 31, 2024
MGM Posts Record Q3 Metrics, Reports Share-Buyback Progress
MGM Resorts International posted its Q3 report, outlining record-breaking revenue figures. The quarter also saw MGM make progress with its share buyback program. The Company’s Metrics Surged In the third quarter of the year, the international casino and hospitality powerhouse reported record-breaking results, underpinned by high hotel occupancy. Consolidated net revenues hit $4.2 billion, marking […]
Industry
October 30, 2024
Labour Government Decides Against Raising the Gambling Tax
Two weeks ago, reports suggested that the new Labour government might be considering a tax hike for the gambling sector. These rumors sent shockwaves across the industry, causing operators’ stock to slump. However, gaming companies can rest easy now as no tax hike is on the horizon. No Tax Hike for the Gambling Sector The […]
Business
October 30, 2024
Better Collective Cuts Team Due to Business Struggles
Jesper Søgaard, Better Collective’s co-founder and chief executive officer, announced his company’s plans to part ways with some of its team members. This difficult decision came amid the company’s recent cost base adjustment and financial targets downgrade. Emotional Days for the Company Søgaard described the past few days as “emotional,” adding that he regrets to […]
Business
October 30, 2024
Glitnor Group to Expand European Footprint via OneCasino Acquisition
Glitnor Group, an up-and-coming iGaming company, announced that it has signed an agreement to acquire OneCasino, a leading online casino operator with a strong presence in Spain, Denmark and the Netherlands. The Deal Is Set to Close in 2025 According to the announcement, Glitnor penned a share purchase agreement with OneCasino and will acquire the […]
Business
October 30, 2024
Caesars Q3 Impacted by Competition and Market Headwinds
Caesars Entertainment has published its financial report for the third quarter of 2024 (Q3) and has highlighted a slight decline in the company’s performance. The operator’s assets in Las Vegas and other US regions recorded suboptimal year-to-date metrics amid market headwinds. The Company’s Regional Business Was Impacted by Headwinds Caesars’ net revenue for the period […]
