Deyan Dimitrov's latest articles
Deyan Dimitrov
AuthorDeyan is an experienced writer, analyst, and seeker of forbidden lore. He has approximate knowledge about many things, which he is always willing to apply when researching and preparing his articles. With a degree in Copy-editing and Proofreading, Deyan is able to ensure that his work writing for Gambling News is always up to scratch.
Business
August 8, 2025
PlayUp Nears Potential CrossBet Deal Amid Ongoing Turbulence
PlayUp, once a rising name in the Australian wagering market, may be on the verge of a significant shake-up. Industry sources suggest the operator is close to finalizing a deal with CrossBet, another Australian operator, in a move that could take the form of an outright merger or the sale of specific assets. Individuals familiar […]
Business
August 8, 2025
DraftKings Demonstrates Enduring Resilience with Impressive Q2 Financials
DraftKings posted an impressive performance in the second quarter of 2025, setting all-time highs in revenue and Adjusted EBITDA. The iGaming and sports betting giant achieved $1.51 billion in revenue during the quarter, a 37% year-over-year rise. Adjusted EBITDA hit $301 million, more than twice the company’s highest mark, translating to a 20% margin. Sports […]
Industry
August 7, 2025
Maverick Gaming’s Bankruptcy Reportedly Linked to HG Vora Involvement
Maverick Gaming’s slide into bankruptcy has resurrected questions about the impact of HG Vora Capital Management on the operator’s rapid expansion. Recent reports allege that such involvement contributed to the company’s downfall. While the information remains unconfirmed, it raises questions about the influence investment firms have over the strategic decisions of gaming operators. Maverick’s Ambitious […]
Legal
August 7, 2025
Churchill Downs Scores Another Legal Victory in Michigan Betting Dispute
Churchill Downs Incorporated, parent company of the TwinSpires betting platform, scored another court win in its long-running legal dispute with the Michigan Gaming Control Board (MGCB). The Sixth Circuit Court of Appeals denied the regulator’s request to stay a lower court order that has allowed TwinSpires to continue operating in the state. Interstate Laws Clash […]
Legal
August 6, 2025
Federal Court Sides with Cayuga Nation in IGRA Violation Lawsuit
The Cayuga Nation has secured a significant court victory after a federal judge confirmed that its lawsuit against New York State over gaming rights is free to proceed. The Nation argues the state has been operating unauthorized gambling businesses on tribal land, such as lottery machines and terminals. Notably, the lawsuit alleges these activities occurred […]
Legal
August 5, 2025
Lawsuit over Vegas’ All Net Resort and Arena Fails to Gain Traction
A federal judge has thrown out a racketeering lawsuit related to the dysfunctional All Net Resort and Arena project. This decision marks the latest setback in a protracted legal battle over millions in disputed loans and a failed dream of bringing NBA basketball to the Las Vegas Strip. While the plaintiffs could press on with […]
Legal
August 5, 2025
Gambling Tycoon Faces Murder Charges in the Philippines
Relatives of 34 men who disappeared after cockfighting events in the Philippines have filed charges of murder and illegal detention against gambling tycoon Charlie “Atong” Ang, escalating a mystery that has gripped the nation for over two years. Ang communicated his readiness to address these accusations, maintaining that they are nothing more than a fabrication. […]
Industry
August 4, 2025
Spain Sees Surge in Online Gambling Despite Strict Regulations
New figures published by Spain’s Ministry of Social Rights, Consumer Affairs, and 2030 Agenda reveal a steep increase in online gambling activity in the country, prompting alarm from regulators and public health experts. The report, created by the Directorate General for the Regulation of Gambling (DGOJ) and validated by the Responsible Gambling Advisory Council in […]
Legal
August 4, 2025
Illinois Regulator Cracks Down on Video Gaming Operator due to Alleged Mob Ties
The Illinois Gaming Board (IGB) has revoked the video gaming license of a Cicero diner after discovering that the license holder, Firebird Enterprise Inc., allegedly hid substantial ties to illegal gambling and organized crime. The ruling shuts down gaming activities at the Steak’n Egger restaurant on Ogden Avenue, where machines were deactivated on Friday following […]
Industry
August 1, 2025
Tribal Casinos Hit $43.9B Record in 2024 Despite Mounting Challenges
Tribal-owned casinos reported an all-time high $43.9 billion in gross gaming revenues in fiscal year 2024, the National Indian Gaming Commission (NIGC) revealed in a report published Thursday. The milestone marks the fourth consecutive year of growth, highlighting the sector’s enduring resilience following the pandemic-induced slump of 2020. Tribal Gaming Enjoyed Nationwide Growth NIGC’s data […]
