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Angel Hristov's latest articles
Casino
April 9, 2024
New Jersey Operators Report a Decrease in Profit in 2023
The New Jersey Division of Gaming Enforcement has published data about the local casinos’ performance in Q4 2023, reporting a decrease in gross operating profit despite an increase in net revenue. The report highlights Q4 net revenue of $781.9 million, reflecting a 1.3% increase year-on-year. As mentioned, gross operating profit declined by 3.6% to $148.5 […]
Industry
April 8, 2024
UK Gambling Commission Reveals Three-Year Corporate Strategy
The UK Gambling Commission published its new Corporate Strategy, outlining its plans for the next three years. In addition to vowing to continue its usual regulatory work, the authority made a series of commitments under several areas of strategic focus. These areas, according to the UKGC, include the use of data and analytics to improve […]
Industry
April 8, 2024
Netherlands’ NOGA Regrets the Declining Channelization Rates
“It’s a shame how often Dutch players choose illegal casinos,” the Netherlands Online Gambling Association (NOGA) said as the country recorded a decline in its channelization rate. Whereas 93% of players preferred playing with legal operators in July 2023, only 90% of them did so in December. The decline was outlined in the Kansspelautoriteit’s latest […]
Business
April 8, 2024
GiG Unveils Proposed Board Changes as Strategic Split Progresses
Gaming Innovation Group announced that the strategic split of its Media and Platform businesses is progressing well. As part of the process, the company’s nomination committee reviewed and evaluated two separate board compositions, which would optimize the two businesses. For reference, GiG Media will continue to operate under the current corporate structure. GiG Platform, on […]
Sports
April 8, 2024
LiveScore Highlights 25 Years of Soccer Media Evolution in New Report
LiveScore, one of the world’s best-loved sports media brands, has celebrated its 25th anniversary with the release of its Evolution of Fan report. In this report, the company highlights the evolution of the soccer community over the past two decades and a half. Evolution of Fan is based on data from 25,000 fans, demonstrating how […]
Business
April 5, 2024
Catena Media Names Gerrow CFO; Edeen Takes Advisory Function
Catena Media, a performance-based online marketing company serving the iGaming and sports betting sectors, has unveiled another addition to its C-suite. The company, which recently made other major leadership changes, announced that the experienced Michael Gerrow will now serve as group chief financial officer. In his new position, Gerrow will leverage over 15 years of […]
Business
April 5, 2024
PrizePicks to Open New HQ in Atlanta & Create 1,000 Jobs
PrizePicks, one of North America’s daily fantasy sports leaders, has announced its plans to expand its presence in Atlanta and create hundreds of new jobs. According to the company, the economic impact of the new venture is expected to reach $25 million over the next seven years. The DFS specialist added that its new 33,000-square-foot […]
Casino
April 5, 2024
South Korea Invests $1.85M in Kangwon Land to Ensure Its Competitiveness
South Korea’s government has unveiled a massive expansion of its Kangwon Land casino resort. The state-owned property will be remodeled to triple the area of its casino floor, allowing it to welcome more guests. The Kangwon Land gaming area, which covers 167,000 square feet currently, will be expanded to cover approximately 533,000 square feet. In […]
Industry
April 5, 2024
Florida Greenlights the Use of Gambling Compact Money for Environmental Projects
Florida Governor Ron DeSantis has greenlit the use of gambling money for environmental projects. By signing SB 1638 into law, DeSantis ensured millions of dollars for a wide range of programs, including the removal of invasive species and the creation and maintenance of a state wildlife corridor. Under SB 1638, the state will provide annual […]
Business
April 4, 2024
BVGroup Facilitates the Foray of Kaizen’s Betano into the UK
Kaizen Gaming, one of the fastest-growing gametech companies in Europe, has formed a partnership with BVGroup, an online gambling operator and B2B technology solutions provider. Thanks to the tie-up, the former company will get to launch its flagship Betano brand in the United Kingdom. The move will allow Kaizen Gaming to further expand its geographical […]
