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Angel Hristov's latest articles
Business
February 15, 2024
PENN Posts Mixed Q4 Results, Highlights Corporate Responsibility Progress
PENN Entertainment has published its Q4 results, providing an insight into how its business fared during the last three months of 2023. Despite certain setbacks, the period saw PENN deliver growth, driven by operational excellence and strong customer demand. In Q4, the company’s revenues reached $1.39 billion. While this figure is lower than the one […]
Industry
February 15, 2024
Kindred Joins Women in Tech Sweden for the Eighth Year in a Row
International gambling powerhouse Kindred has once again signed up as a co-creating partner to Women in Tech Sweden, the Swedish arm of the world’s foremost organization for inclusion, diversity and equity. As a co-creating partner, Kindred will participate in the Women in Tech conference on April 17 in Stockholm, helping the nonprofit promote its initiatives. […]
Business
February 15, 2024
Betsson Posts Record-Breaking FY 2023 Report
Betsson has published its full-year report for 2023, reporting very strong results despite a few small setbacks in Q4. The overall group revenue continued to increase to all-time-highs throughout the year but the sports betting segment experienced a slight decline in the final quarter. In Q4 2023, Betsson reported group revenue of EUR 251.9 million […]
Legal
February 15, 2024
Court Rules in Favor of Kindred in Per Holknekt Case
Kindred Group has been spared some trouble as the Stockholm District Court ruled in its favor in the lawsuit by Per Holknekt, a Swedish fashion designer and entrepreneur. The plaintiff now has to pay SEK 2 million ($190,000) to cover the operator’s legal costs. The lawsuit was filed in July 2022 and saw Holknekt claim […]
Industry
February 14, 2024
Bet365 Celebrates Never Ordinary Campaign with Early Payout Offer
Sports betting giant bet365 unveiled its “unrivaled” Early Payout Offer and launched a new ad to celebrate the occasion. The 30-second spot highlights the boons of the offer, which is a part of the company’s Never Ordinary campaign. The Never Ordinary campaign demonstrates bet365’s desire to make every bet special and is accompanied by a […]
Business
February 14, 2024
Kindred Launches Initiative to Promote Heart Health in Pro Cycling
Kindred’s flagship Unibet brand has unveiled a new campaign to raise awareness about heart health issues within the cycling community. Called Follow Your Heart, the new campaign represents a partnership between the operator and the Dutch cycling team Tour de Tietema (TDT). As a part of the initiative, Unibet joined forces with the team to […]
Esports
February 14, 2024
Thunderpick Unveils $1M CS2 Tournament, Extends Deal with Grid
Crypto casino Thunderpick has unveiled a $1 million Counter-Strike 2 tournament, providing the best esports teams in the world with another chance to showcase their skills. The so-called Thunderpick World Championship 2024 will kick off on April 1 and will run until October. As the title suggests, the championship will welcome professional esports teams from […]
Business
February 14, 2024
GiG Publishes All-Time High Q4 Results
Gaming Innovation Group (GiG) has published its Q4 2023 financials, reporting increases across the board. The company’s metrics for the period were very strong, underpinned by the company’s robust business strategy. GiG’s Q4 2024 revenues stood at EUR 35.6 million (38.2 million). This is notably the highest quarterly revenue ever recorded by the group and […]
Business
February 14, 2024
GAN Shareholders Give the Thumbs Up to Sega Sammy Merger
Most GAN shareholders have approved the company’s looming acquisition by Sega Sammy. The deal, originally announced in August, will see the company’s B2B and B2C iGaming business acquired by the Japanese gaming powerhouse. As it turns out, 95% of the company’s shareholders support the merger. For reference, the latest shareholder meeting was attended by people […]
Business
February 14, 2024
GamCare Appoints Mark Weiss as Deputy CEO
GamCare, a leading gambling support charity, has unveiled a major new appointment to its leadership team. According to the charity’s official announcement, the experienced Mark Weiss, currently serving as director of communications and external affairs, has also been named as the GamCare’s new deputy chief executive officer. The charity highlighted Weiss’ experience, noting that he […]
