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- Angel Hristov
Angel Hristov's latest articles
Business
March 22, 2024
Gambling.com Posts FY 2023 Results & FY 2024 Guidance
Gambling.com Group, a provider of high-performance digital marketing services for the iGaming industry, has posted its Q4 and FY 2023 results. In addition to that, the company updated its guidance for 2024. In Q4 2023, Gambling.com recorded revenue of $32.5 million, up from $21.3 million in Q4 2022. The company also reported quarterly adjusted EBITDA […]
Industry
March 22, 2024
DraftKings Provides Treatment to Online Players in 25 States
DraftKings announced an expansion of its partnership with Kindbridge Behavioral Health, an organization specializing in problem gambling treatment. Under the deal, the latter firm will offer therapy and treatment in every jurisdiction where DraftKings’ online sports betting and iGaming products are available. The expansion of DraftKings’ relationship with Kindbridge comes less than a year since […]
Business
March 21, 2024
Gambling.com to Acquire XLMedia Betting Assets in $42.5M Deal
Gambling.com Group, an award-winning performance marketing company serving the iGaming industry, has entered into an agreement to acquire XLMedia’s sports betting business in Europe and Canada. The $42.5 million deal comes in the wake of the signing of a new $50 million credit facility with Wells Fargo. Under the deal, Gambling.com will pay a fixed […]
Legal
March 21, 2024
Bloomberry Ends Hostilities with GGAM via $300M Settlement
Bloomberry Resorts Group, one of the Philippines’ gambling leaders, has at last settled its conflict with Global Gaming Asset Management (GGAM), agreeing to buy its GGAM-owned shares back in a $300 million deal. This would effectively mark the end of a lengthy court battle. The issue stems from Bloomberry’s decision to cancel its contract with […]
Poker
March 21, 2024
Acres Highlights Impact of Advantage Players on Loyalty Programs
Acres Manufacturing Company, a developer of casino tech and loyalty programs, has published a study on poker, which reveals how expert poker players impact the industry’s income. The case study is powered by the company’s Video Poker Analyzer (VPA) product, providing important insights into the ways in which Advantage Players (APs) affect the sector. For […]
Industry
March 20, 2024
ASA Agrees BetMGM’s Ad Featuring Chris Rock Doesn’t Appeal to Minors
The UK’s Advertising Standards Authority (ASA) has decided that BetMGM’s TV ad featuring Chris Rock, an American actor and filmmaker, did not violate the country’s rules. The ad aired in October 2023 and, according to complaints appealed to minors. The original ad features Chris Rock accompanied by a lion and traveling on a boat from […]
Business
March 20, 2024
Gambling.com Group Closes $50M Credit Facility with Wells Fargo
Gambling.com Group Limited, an award-winning performance marketing company serving the iGaming industry, has announced the closing of a new credit facility with Wells Fargo Bank in the principal amount of $50 million. The credit facility is comprised of a $25 million revolving credit facility and a $25 million term loan facility, the marketing specialist added. […]
Lottery
March 20, 2024
More Players Claim $1M Prizes After Missing Out on Powerball Jackpot
Another player has come close to winning the coveted $623 million Powerball jackpot, missing out on the huge prize by failing to match a single number. Despite that, the player will take $1 million back home, which is still a reason to celebrate. According to lottery officials, the winning ticket was sold in Michigan. It […]
Business
March 20, 2024
Everi Holdings Supplies AML Tech to Great Canadian
Everi Holdings, a leading provider of gaming content and products, bingo, loyalty programs and fintech solutions to the land-based and digital gambling industries, has unveiled a new major partnership. As announced by the company, it has been selected to supply Great Canadian Entertainment with its cutting-edge AML technology. Under the newly announced deal, Everi will […]
Business
March 20, 2024
Svenska Spel Enhances Management with New Appointments
Sweden’s state-owned gambling operator Svenska Spel has unveiled new appointments to its management team amid corporate reshuffles. As announced, the company will name the experienced Mikael Franzén and Lovisa Ekman as head of responsible gaming and head of IT respectively. Franzén, currently serving as IT director, will assume new responsibilities, taking up the newly created […]