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Angel Hristov's latest articles
Business
April 11, 2024
BetMakers Technology Group Unveils Acquisition of RACELAB Assets
BetMakers Technology Group announced that it has acquired assets of RACELAB, a leading international supplier of enhanced racing wagering products and technologies. According to the report, the former company will pay a total of AUD 1.5 million ($980,000) in cash with a clawback of up to AUD 500,000 ($326,000) dependent on key customer novation within […]
Business
April 11, 2024
Sportingtech Taps GAN HR Expert as Chief People Officer
Sportingtech has reinforced its team with the addition of a new chief people officer. The one up to the task is Claire Bailiss, an experienced individual who has formerly worked for the American iGaming platform GAN. As the new chief people officer of the full-service betting and gaming platform provider, Bailiss will be tasked with […]
Business
April 10, 2024
FanDuel Promotes Andrew Gradwell to SVP of Product
FanDuel has reinforced its senior leadership team with a new internal promotion, naming the experienced Andrew Gradwell as its new senior vice president of product. In this position, he will be tasked with leveraging his expertise to oversee the company’s products. Gradwell is no stranger to FanDuel. He joined the company back in December 2020, […]
Business
April 10, 2024
MGM Completes Issue of $750M in Senior Secured Notes
Global gaming and entertainment company MGM Resorts International said that it has issued $750 million in senior secured notes, in accordance with an earlier announcement. The offering has a rate of 6.500% and is due in 2032. The extra capital, according to MGM Resorts’ announcement, will be used to repay outstanding debts and new investments. […]
Poker
April 10, 2024
ACR Poker’s $12.5M Venom Tournament Looms, Players Can Still Enter
The biggest online event in the history of ACR Poker is just around the corner. Starting on April 14, the latest edition of the company’s flagship Venom series will offer players shots at some huge prizes. The tournament will sport an unprecedented $12.5 million guarantee, the biggest guarantee ACR Poker has ever offered. Players can […]
Industry
April 10, 2024
ANJ Notes RG Improvements, Advises Vigilance Ahead of UEFA Euro 2024
L’Autorité Nationale des Jeux (ANJ) has praised the French licensees’ significant progress in terms of responsible gambling. The authority, which requires all licensed operators to submit annual reports on the matter, was happy with the improvements. However, there is still more to do. According to the ANJ, gambling companies became better at identifying risky behavior […]
Sports
April 10, 2024
Barstool’s Portnoy Bets on the Huskies, Wins $2.76M
Dave Portnoy, Barstool Sports’ boss, has turned a $600,000 bet into a $2.76 million payday thanks to UConn’s victory over Purdue. The March Madness final went in favor of the Huskies, allowing Portnoy to cash in on the “greatest bet” of his life. In a post on X, the Barstool leader rejoiced, praising UConn for […]
Sports
April 9, 2024
PrizePicks Extends Long-Term Relationship with Atlanta Braves
PrizePicks, the largest daily fantasy sports operator in North America, has unveiled an extension of its partnership with the Atlanta Braves. The renewed deal will solidify the DFS company’s position as the club’s Official Daily Fantasy Sports Partner for the 2024 baseball season. The deal builds upon a long-term partnership between the two entities. PrizePicks […]
Business
April 9, 2024
CMA: Spreadex and Sporting Index’s Merger May Have Created a Monopoly
The United Kingdom’s Competitions and Markets Authority (CMA) believes that the recent merger between Spreadex and the Sporting Index’s B2C business might have resulted in a substantial lessening of competition. The decision was published on April 4, providing the two parties with five working days to address the matter or have the transaction referred for […]
Business
April 9, 2024
Flutter Names Cheryl Bosi as Chief People Officer for UK & Ireland
Global sports betting, gaming and entertainment provider Flutter Entertainment has made a new appointment to its C-suite, naming the experienced Cheryl Bosi as its new chief people officer for the United Kingdom and Ireland. In her new position, Bosi will leverage years of corporate and HR experience to support the company’s team. Her impressive track […]