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Angel Hristov's latest articles
Industry
July 24, 2025
Pennsylvania Fines FanDuel & Rivers Casino, Bans 7 People
The Pennsylvania Gaming Control Board (PGCB) announced that it has issued fines totaling $70,000 against two gaming companies. In addition to that, the regulator banned several individuals from casinos in the state due to various violations. PGCB Uncovered Underage Gambling and Licensing Issues On July 23, the PGCB announced that it has levied fines against […]
Industry
July 24, 2025
AGA: US Gaming Revenue Set a New Record in May
The American Gaming Association (AGA) has published its Commercial Gaming Revenue Tracker, providing insights into the performance of the US casino industry in May. While the AGA has yet to release the exact sports betting figures, the overall gaming revenue continued to grow. All But Two States Reported GGR Increases The data compiled by the […]
Industry
July 24, 2025
Ireland on the Lookout for Gambling Authority Executive Officer
The Gambling Regulatory Authority of Ireland (GRAI) has initiated a search for an executive officer who would support the organization’s activities. The authority has invited people with the necessary experience to apply via its official website. GRAI Is Seeking an Executive Officer In its official announcement, the GRAI noted that it is seeking to establish […]
Business
July 24, 2025
Las Vegas Sands’ Q2 Report Underscores Its Strengths
International gaming and hospitality giant Las Vegas Sands has published its financial results for the second quarter of the year, reporting an increase in its revenue and EBITDA. According to the company’s official announcement, high hold on rolling play at its Marina Bay Sands property played a big role in achieving these favorable results. Q2 […]
Business
July 24, 2025
PointsBet Directors Reject Betr Deal, Reiterate Support for MIXI Proposal
PointsBet’s leadership has once again rejected Betr’s attempt to acquire the company. The former sportsbook asserted that the MIXI takeover offer represents a better deal and advised its shareholders to approve it. Betr’s Deal Did Not Appeal to PointsBet’s Board In its latest announcement, PointsBet said that Betr’s latest all-scrip takeover offer, which proposes 3.81 […]
Business
July 23, 2025
Kambi: Tough Comparisons and Headwinds Result in Weaker Q2
Kambi Group, a B2B provider of sports betting services, has published its report for the second quarter of the year, highlighting its resilience despite a decrease in revenue. While the leadership expects further headwinds in 2025, it remained optimistic in the company’s ability to generate value. The Company’s Q2 Report Outlined Suboptimal Performance Kambi’s financial […]
Industry
July 22, 2025
Massachusetts Reports Weaker Betting Results for June
The Massachusetts Gaming Commission (MGC) has published its casino and sports betting report for June. In total, the state’s gaming industry recorded $159.7 million in revenue for the month, as operators paid $40.3 million in taxes. On a year-to-date basis, the gaming industry has so far generated $306.5 million in taxes. The Three Casinos […]
Casino
July 22, 2025
Genting Presents NYC Casino Plans as License Race Rages on
Genting New York, the US-based subsidiary of Genting Malaysia, has presented its casino plan to the Community Advisory Committee (CAC). This comes as the fight for the three downstate casino licenses continues. Genting Outlines an Ambitious RWNYC Expansion Genting’s vision includes an expansion of Resorts World New York City (RWNYC), which, if enacted, would turn […]
Industry
July 21, 2025
Light & Wonder Cleared for Launch in the UAE
Light & Wonder, a leading supplier of casino games and content, announced that it has become the latest B2B company to secure a license in the United Arab Emirates. This comes as the UAE prepares to enter the world of gaming. GCGRA Issued License to Light & Wonder On July 18, Light & Wonder announced […]
Business
July 21, 2025
Allwyn Acquires Stoiximan, Divests Assets in Australia and Germany
Lottery and casino powerhouse Allwyn has completed its acquisition of Stoiximan by acquiring the remaining shares in the company. At approximately the same time, the company divested casino assets in Australia and Germany, furthering its online focus. The Company Set Out to Acquire the Remainder of Stoiximan According to Allwyn’s official announcement, Stoiximan, which is […]
