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Angel Hristov's latest articles
Business
April 24, 2024
Evolution Posts Q1 Results, Signs Deal with Bet365
Evolution has published its quarterly report for the first three months of 2023, demonstrating a stable performance. The company’s metric increased across the board, underpinned by Evolution’s robust business strategy. In Q1, Evolution reported a 16.7% increase in operating revenues to EUR 501.5 million ($535.9 million). For context, the company reported operating revenues of EUR […]
Business
April 24, 2024
Xpoint Revolutionizes Geolocation Checks with Trust Mode
Xpoint, a leader in geolocation security solutions, has unveiled the release of a revolutionary new product. Trust Mode is a solution that allows Xpoint’s clients to decrease geolocation checks while remaining compliant with the requirements in US jurisdictions. Trust Mode, according to the announcement, complies with the required check frequencies while still reducing the overall […]
Industry
April 24, 2024
WalletHub Publishes Most Gambling-Addicted States Report
WalletHub has released its new Most Gambling-Addicted States report, highlighting the jurisdictions that struggle the most with gambling harm. While some states fared fairly well, others exhibited concerning addiction rates. It is perhaps hardly surprising that Nevada, the gambling capital of the world, scored the highest on WalletHub’s report. With a total score of 72.52, […]
Lottery
April 23, 2024
Illinois Grandfather Wins $1M Playing Powerball, Plans Trip to Disney World
The Illinois iLottery has turned yet another person’s life around, handing a prize of a million dollars to a lucky Powerball player. When the player, described by the lottery as an “Illinois grandfather” bought the ticket on March 30, he didn’t think much of it. However, it was this ticket that would turn him into […]
Business
April 23, 2024
DraftKings Designates Lori Kalani as First-Ever Chief Responsible Gaming Officer
DraftKings has unveiled the appointment of Lori Kalani as its first-ever chief responsible gaming officer. The new role aligns with DraftKings’s core priorities and the operator’s desire to cement responsible gambling as a core tenet of its business. In the new position, Kalani will respond directly to CEO Jason Robins and will leverage her expertise […]
Business
April 23, 2024
PENN Names Ex-Disney Tech Executive Aaron LaBerge as CTO
PENN Entertainment has unveiled the appointment of the experienced Aaron LaBerge to its team. According to the announcement, the former Walt Disney tech specialist will serve the operator group as its new chief technology officer, effective July 1. In his new role, LaBerge will leverage his expertise to drive the company’s technology strategy and execution. […]
Industry
April 22, 2024
Mississippi Gaming Commission Posts March Betting Report
The Mississippi Gaming Commission has published its Sports Wagering Report for March 2024, outlining the sports betting industry’s performance during the third month of the year. The figures reported by the regulator demonstrate a noticeable year-on-year decrease in revenue. Despite that, March’s results were significantly stronger than those reported in February. Central Mississippi was the […]
Business
April 22, 2024
Kindred Publishes Its Quarterly Journey Towards Zero Report
Kindred Group has published its new Journey Towards Zero report, highlighting the fluctuations in revenue from high-risk players. The initiative seeks to minimize the money the operator company makes from such players. According to Kindred, the first quarter of 2024 saw a slight increase in revenue from high-risk players to 3.2%. Additionally, the company reported […]
Industry
April 22, 2024
Study: Online Ads Blur the Lines between Gaming and Gambling
GambleAware, the United Kingdom’s leading gambling harm treatment charity, has published a new report that highlights children’s exposure to gambling ads. The study was carried out by CultureStudio Research, Family Kids & Youth and Sherbert Research and sampled children and young people between the ages of 7 and 25 and their families. The Qualitative Research […]
Business
April 19, 2024
The Star Gold Coast CEO Steps Down, Interim CEO Appointed
The Star Entertainment Group, an Australian casino and betting company, has parted ways with another C-suite member as the second NICC probe looms. As reported, Jessica Mellor, chief executive officer of Star Gold Coast, will step down after several months in the position. Mellor was appointed as the property’s chief operating officer in 2019 and […]
