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Angel Hristov's latest articles
Business
May 16, 2025
Bragg Gaming’s Momentum Continues as Company Reports Strong Q1
Bragg Gaming Group, a leading supplier of content to the iGaming industry, has published its financial report for the first three months of 2025, highlighting “diversified revenue growth, significant margin expansion, and strong cash generation.” The company also updated its outlook for the year, saying that it anticipates double-digit growth in revenue and adjusted EBITDA. […]
Industry
May 12, 2025
Hong Kong Jockey Club Goes Global, Teams Up with XIX Entertainment
The Hong Kong Jockey Club has unveiled a strategic partnership with leading entertainment brand XIX Entertainment. According to the announcement, this agreement will enable the Club’s transformation into a “global sports entertainment brand.” The Club Seeks to Maintain Its Momentum The Hong Kong Jockey Club has cemented itself as a world-class racing brand and is […]
Business
May 12, 2025
PointsBet Considers Betr’s Takeover Proposal, Eyes Due Diligence
Australian sports betting giant PointsBet has published a new update regarding Betr Entertainment’s recent acquisition proposal. Betr Seeks to Acquire PointsBet Last month, Betr Entertainment revealed a revised proposal to acquire PointsBet, confirming that it is looking to complete its buyout of the latter company. This came shortly after the former company acquired a 19.9% […]
Industry
May 12, 2025
Sands China & GMTCM Sign Big Health Tourism MoU
Las Vegas Sands’ Macau-facing subsidiary, Sands China, has teamed up with Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development (GMTCM) to integrate Big Health tourism across Macau and Hengqin. To that end, the two parties have signed a Memorandum of Understanding to cooperate and leverage Macau’s position as a tourism center to promote health tourism. […]
Poker
May 12, 2025
Las Vegas Player Wins $376K Pai Gow Poker Jackpot on Star Wars Day
A fortunate player at a Las Vegas casino has walked out hundreds of thousands of dollars richer after drawing one of the most powerful hands in Pai Gow poker. The win happened on May 4, which is internationally recognized as Star Wars Day. The Player Drew One of the Rarest Hands Possible The win in […]
Business
May 9, 2025
DraftKings’ Revenues Soar, Underpinned by the Jackpocket Acquisition
American sports betting powerhouse DraftKings has announced its Q1 2025 financial results, highlighting an increase in revenue. The company also revised its adjusted EBITDA forecasts from the previous guidance. In the meantime, DraftKings executives remain bullish on prediction markets. The Company’s Revenues Increased, in Part Thanks to Jackpocket In its Q1 report, DraftKings outlined revenue […]
Business
May 9, 2025
Konami: Games & Systems Division Continued to Grow in FY 2024/25
Konami has published its financial report for FY 2024/25, reporting an increase in its casino content & services division revenue. The firm attributed this growth to its stable business in key markets, such as North America and Australia. Konami’s Games & Systems Division Reported an Increase in Revenue In its annual report for the fiscal […]
Industry
May 9, 2025
AGCO Fines Great Canadian Entertainment over Alleged Underage Gambling Violations
The Alcohol and Gaming Commission of Ontario (AGCO) announced that it had issued CAD 151,000 ($108,542) in penalties to Great Canadian Entertainment for alleged failures at three of its casinos. The fine was prompted by four separate occasions in which the casino company’s properties are said to have failed to prevent minors from gambling. Great […]
Business
May 8, 2025
PENN Entertainment Shows Resilience in Q1 Report
American casino giant PENN Entertainment has published its financials for the first quarter of the year, reporting an increase in revenue. The company’s adjusted EBITDAR was likewise stronger despite certain headwinds in January and February. The Company’s Financials Were Mostly Favorable Despite Earlier Setbacks The company’s total revenue for the period increased by 4.1% year-on-year […]
Industry
May 8, 2025
Kaizen’s Playmakers Program to Train a New Generation of iGaming Leaders
Kaizen Gaming has unveiled an upcoming talent program designed to help ambitious individuals become the next GameTech leaders. Set to run for two years, the Playmakers Commercial Talent Programme will provide participants with the hands-on experience they need to secure themselves a future in the iGaming sector. “Your Future. Your Game. Ready to Join?” […]
