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- Deyan Dimitrov
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.
Casino
January 9, 2025
Wynn’s Hudson Yards Casino Faces Fierce Opposition from Local Communities
In a major setback to Wynn’s plans for a $12 billion casino complex in Manhattan’s Hudson Yards, Community Board 4 voted unanimously against a zoning change required for the project to go ahead. The joint-venture proposal by Related Companies and Wynn Resorts has drawn sharp criticism from residents and advocacy groups, who argue the development […]
Industry
January 9, 2025
Netherlands and Curaçao Join Forces to Implement New Gambling Law
The Netherlands and Curaçao have announced a collaborative effort to ensure the successful implementation of Curaçao’s newly enacted National Ordinance on Gambling (LOK). Coming into effect on 24 December 2024, the law seeks to enhance oversight, combat money laundering, and tackle endemic corruption issues. However, recent scandals have caused doubt whether Curaçao’s government can enforce […]
Business
January 8, 2025
Kambi Partners with Stake to Drive Sports Betting Expansion
Sports betting solutions provider Kambi Group plc announced a strategic partnership with rapidly growing global operator Stake, which is seeking to expand its reach into regulated markets. The collaboration debuted with the launch of Stake’s Kambi-powered sportsbook in Brazil as the country’s modernized gambling jurisdiction made it one of the world’s most anticipated sports betting […]
Business
January 8, 2025
Tipico to Acquire Admiral Austria, Bolstering European Presence
Gaming technology group NOVOMATIC AG has agreed to sell its Austrian subsidiary, ADMIRAL Austria, to the Malta-based Tipico Group. This mutually beneficial agreement should help Novomatic expand its global presence while strengthening Tipico’s market share in its core jurisdictions. Both companies were optimistic regarding the sale as they remain confident in their continued growth. The […]
Industry
January 7, 2025
Brazil to Intensify Crackdown on Unlicensed Gambling Operators
The Brazilian government is taking decisive measures to regulate its burgeoning gambling sector and crack down on black market operators. According to Regis Dudena, head of the Secretariat of Prizes and Bets (SPA) under the Ministry of Finance, Brazil’s new gambling rules will give the regulator a clear avenue to crack down on unlicensed entities, […]
Legal
January 7, 2025
Foreign Workers Escape from Cambodia Casino Allegedly Linked to Human Trafficking
Nearly 60 foreign workers from Nepal and Pakistan made a dramatic escape from a casino complex in northern Cambodia, where they reportedly had to endure forced labor and physical abuse. Armed with metal rods fashioned from bed frames, the workers overpowered security guards at the O-Smach resort, located near the Thai border, and fled the […]
Industry
January 6, 2025
Finland Advances Gambling Legislation Review Amidst Social Impact Concerns
Finland is pushing ahead with its proposed gambling laws review, although questions persist about the potential for increased gambling harms under the new framework. Lainsäädännön arviointineuvosto, an independent Legislative Review Council charged with evaluating the nation’s legislative proposals, released its findings on 2 January. The body called for more detailed assessments of the new legislation’s […]
Industry
January 6, 2025
Dutch Gaming Authority Issues €1.05M Fine to Unregulated Operator
The Netherlands Gaming Authority, KSA (Kansspelautoriteit), recently announced it had fined Alimaniere Sociedad De Responsabilidad Limitada, a Costa Rica-based gambling operator, €1.05 million ($1.09 million) for providing unlicensed online gambling services to Dutch players. The regulator maintains strict oversight over the country’s gaming sector, ensuring all licensed companies abide by strict customer protection requirements. The […]
Business
January 3, 2025
Disappointing Online Betting Results Hamper Caesars’ Q4 Outlook
J.P. Morgan analyst Joseph Greff has adjusted Caesars’ Q4 Las Vegas Strip cash flow estimate to $485 million from $499 million, highlighting several negative factors that hurt revenues. However, this new estimate still marks a strong result considering Q4 2023’s $489 million figure. Greff also adjusted his price target for Caesars’ shares, lowering it from […]
Casino
January 3, 2025
MGM Resorts Set to Continue Increasing Fees in 2025
MGM Resorts International is reportedly exploring a series of new revenue-enhancing strategies for 2025. These initiatives will build upon recent measures in the company’s Las Vegas properties, such as resort and parking fee increases. These measures come as the company faces headwinds in its traditional brick-and-mortar casino operations, hopefully giving it additional leeway to adapt […]