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Angel Hristov's latest articles
Lottery
May 30, 2024
IL’s Ultimate Diamond Jackpot Reaches the Unprecedented $1.6M
Illinois Lottery fans should be looking out for the largest Fast Play jackpot ever. The progressive jackpot for the Ultimate Diamond Jackpot game has hit the unprecedented sum of $1.6 million, promising to turn its eventual winner into a millionaire. For context, the top Ultimate Diamond Jackpot prize starts at $75,000 and continues to grow […]
Legal
May 29, 2024
SCOTUS to Consider the Future of Florida Betting on June 13
The conflict over sports betting in Florida continues and is now heading to the Supreme Court of the United States (SCOTUS). The controversial gambling compact between the Seminole Tribe of Florida and Gov. Ron DeSantis is set to be reviewed by the authority after a prolonged conflict. For context, the compact offered the tribal operator […]
Industry
May 29, 2024
Culinary Union Fails to Reach Definitive Deal with Virgin Hotels
The dispute between the Culinary Union and Virgin Hotels Las Vegas seems to be at a standstill as the two sides fail to define mutually agreeable terms. While the casino company recently offered a proposal, the union said that the terms were “unacceptable.” Virgin Hotels and the Culinary Union have been trying to reach an […]
Industry
May 29, 2024
MGC Fines Fanatics for Offering In-State College Bet
The Massachusetts Gaming Commission (MGC), the state’s gambling regulator, has issued a fine of $10,000 to Fanatics Sportsbook. According to the authority, the gambling company violated the state’s betting rules by allowing customers to wager on an in-state collegiate sports team. The bet in question was placed in December last year. The MGC learned that […]
Industry
May 28, 2024
Court Revokes Spelinspektionen’s Cease Order against Zimpler
Zimpler, a provider of payment solutions, has successfully appealed an order from the Swedish regulator (Spelinspektionen) to stop providing its BankID services to unlicensed companies. The development follows an order issued in 2023. On July 6, 2023, the Spelinspektionen ordered Zimpler to cease providing BankID payment service solutions to gambling companies that are not licensed […]
Lottery
May 28, 2024
VA Woman Wins $50K Powerball Prize Thanks to Fortune Cookie
Everybody loves fortune cookies but few take the fortunes they get too seriously. A woman from Virginia, however, did just that and turned a small piece of paper into a $50,000 payday. Tierra Barley, a local, cracked open a tasty fortune cookie treat only to find several lucky numbers printed on the piece of paper […]
Poker
May 28, 2024
WPT Cancels Its Historic Poker Tournament in Macau
The World Poker Tour announced that its WPT Macau event, set to take place in June, will not move forward. The poker company couldn’t provide an exact reason for the sudden cancelation but said that it is looking forward to hosting other events in the region. The official announcement was shared by the WPT’s official […]
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 […]
