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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 GamblingNews is always up to scratch.
Industry
October 10, 2023
Underdog Fantasy Launches “GuardDog” Initiative
Prominent daily fantasy sports operator Underdog Fantasy aims to proactively tackle gambling harm through its new “GuardDog” initiative. The program will provide startups focused on developing innovative and responsible gambling solutions with the necessary support and funding. This move coincides with the industry’s ongoing pivot towards reducing its negative societal impact. The Initiative Will Help […]
Industry
October 9, 2023
Australians Lose Record $14.5B to Poker Machines
Australians have set a new and concerning record in their gambling habits, with losses from poker machines reaching an astonishing AUD 14.5 billion ($9.25 billion) in the last financial year. This figure marks a sharp increase from the losses reported in 2018-19, the previous financial year uninterrupted by COVID-19 restrictions. Research by the Alliance for […]
Business
October 9, 2023
PayNearMe Partners with Accertify to Enhance Gaming and Sports Betting Payments
The dynamic and rapidly evolving world of online gaming and sports betting necessitates continued investment in security and fraud prevention. Recognizing this, PayNearMe, a leading payments platform in the gaming industry, has joined forces with Accertify to integrate advanced fraud protection technology into its platform. This partnership aims to elevate security standards and give operators […]
Casino
October 6, 2023
Hard Rock’s Sports Betting Monopoly Could Limit Florida’s Revenue Potential
Florida’s mobile sports wagering market can become one of the largest in the United States. However, JMP Securities analyst Jordan Bender predicts limited competition could present unique challenges, damaging the sector’s profitability. Hard Rock International, the gaming arm of the Seminole Tribe, will have exclusive control over the state’s mobile sports wagering offerings, presenting substantial […]
Business
October 6, 2023
MGM Resorts Cybersecurity Issue to Impact Q3 2023 Earnings
MGM Resorts International has revealed that the recent cybersecurity incident, which caused widespread disruptions across its North American operations, will have significant repercussions beyond damage to its reputation. The attack caused chaos and confusion among clients, with an upcoming lawsuit already in the works. Data breaches further exacerbated the issue, giving the hackers access to […]
Legal
October 5, 2023
Gentry Murder Case Remains Suspended as Defense Asks for Second Mental Evaluation
Martin Tavarez-Torres, accused of fatally shooting his coworker, Fidel Mercado Reyes, at La Huerta Mexican restaurant in Gentry, Arkansas, has been found fit to stand trial. Tavarez-Torres, aged 23, was charged with capital murder, and his defense lawyers have sought a second mental evaluation to determine whether he comprehended the criminality of his actions at […]
Business
October 5, 2023
NagaCorp’s Financial Confidence Rises with Improved VIP Gaming
Prominent Hong Kong-listed casino operator NagaCorp remained confident it would fulfill its financial commitments, particularly as it approaches the maturity date of its outstanding senior notes in July 2024. This optimism is underpinned by the company’s bolstered cash reserves, significantly enhanced due to the stellar performance of its flagship property, the Cambodian integrated resort NagaWorld. […]
Industry
October 4, 2023
MGM Resorts Sponsors Las Vegas Pride Parade for 17th Consecutive Year
Leading global hospitality and entertainment company MGM Resorts proudly announced its continued support for the LGBTQ+ community by returning as the presenting sponsor of the annual Las Vegas Pride Parade. This iteration marks the 17th consecutive year of the operator sponsoring the event, demonstrating its unwavering commitment to promoting inclusivity and equality. The Company Has […]
Industry
October 4, 2023
PGCB Releases 2022–2023 Annual Report, Recording Significant Improvements
The Pennsylvania Gaming Control Board (PGCB) released its 2022-2023 Annual Report, providing a comprehensive overview of the region’s gambling sector. The regulator shared insights on more than just the industry’s financial contribution, highlighting the results of its child safety policies and successful diversity programs. These results reveal Pennsylvania’s gambling sector retains its potential for sustainable, […]
Industry
October 3, 2023
The Lottery Corporation Calls for Exemption from Credit Card Gambling Ban
Australian operator The Lottery Corporation has requested to be omitted from the upcoming gambling reform. Regulatory changes will prevent bettors from using credit cards for gambling, significantly changing the country’s gaming landscape. The company argues that lotteries have a low harm profile, insisting lottery tickets and scratch cards should be exempt from the Interactive Gambling […]