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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 Gambling News is always up to scratch.
Industry
October 31, 2024
UK Gambling Operators Catch a Break as Government Delays Tax Hike
Gambling companies operating in the UK, like Flutter Entertainment and Entain, are breathing a sigh of relief today as the UK government’s newly released Autumn Budget leaves gambling tax rates untouched, staving off an anticipated hike that loomed over the industry. While the country’s gambling sector will likely see tax increases in the long term, […]
Industry
October 30, 2024
Holland Casino and Unions Unite Against Gambling Tax Hike
Holland Casino, the Netherlands’ state-owned gambling operator, has joined forces with some of the country’s most influential labor unions to fight against an impending gambling tax increase. They warn that the government’s measure will severely impact the company’s bottom line and potentially leave thousands of people unemployed. The Tax Increase Could Hurt the Regulated Sector […]
Business
October 30, 2024
DraftKings Announces New Jersey Layoffs Amidst Problem Gambling Concerns
DraftKings announced plans to lay off 101 employees in New Jersey, attributed to the company’s decision to shut down its live dealer studio in Atlantic City. It is yet unknown whether this downsizing will affect the company’s gambling harm prevention team, as New Jersey officials recently raised significant concerns regarding rising addiction rates in the […]
Casino
October 29, 2024
Reno’s Grand Sierra Resort Asks City to Help Fund GSR Arena
The Reno City Council has granted preliminary approval toward possibly providing financial support for the Grand Sierra Resort’s (GSR) ambitious arena project. This decision will allow for a third-party review to gather more information and evaluate the project’s impact. Although the city has not allocated any funds yet, and the final decision is pending, the […]
Industry
October 29, 2024
Trump Media & Technology Group Shares Surge After New York Rally
Shares of Trump Media & Technology Group Corp. (DJT) rose 10.24% in pre-market trading on Tuesday, continuing a wave of momentum that saw a 21.59% surge at Monday’s close, with shares hitting $47.36. The stock rally follows Donald Trump’s high-profile campaign event at Madison Square Garden, where the former President unveiled his platform before a […]
Casino
October 28, 2024
College Township Prepares Impact Study for Nittany Mall Casino
College Township is taking proactive steps to assess the potential effects of the upcoming Nittany Mall mini-casino by initiating a comprehensive impact study. The $120 million casino, opening in 2026, will house 750 slot machines, 30 table games, and a sportsbook in the State College area, necessitating a thorough understanding of the development’s social and […]
Casino
October 28, 2024
Alberta’s Camrose Casino On the Edge of Bankruptcy
An official decision by an Alberta court ordered Camrose Casino into receivership last Thursday due to unpaid debts. This development follows two previous forbearance agreements earlier in the year, marking a critical moment as the casino failed to meet several default criteria, leading to Ernst and Young’s appointment as the receiver. A Final Effort to […]
Industry
October 25, 2024
Elon Musk Halts Pro-Trump Sweepstakes After DOJ Warning
Elon Musk-backed pro-Trump group, America PAC, paused its highly questionable $1 million-a-day sweepstakes after a DOJ warning that the contest could be illegal. The lottery, targeting registered voters in swing states, had been giving away cash prizes each day since the announcement of the contest last Saturday, posting the winners across social media. The Lottery […]
Business
October 25, 2024
PrizePicks Secures Licenses in Delaware and Missouri
PrizePicks, one of the largest North American daily fantasy sports operators, announced that it officially obtained a Daily Fantasy Sports Operator License in Delaware, allowing the company to introduce its flagship platform to even more fantasy sports fans. In addition to Delaware, PrizePicks secured a license in Missouri, bringing the number of states where it […]
Industry
October 24, 2024
William Hill Supports UK Horseracing With Cheltenham Festival Sponsorship
William Hill has been unveiled as the new sponsor of the prestigious County Handicap Hurdle at the Cheltenham Festival, marking a return to a marquee event in the world of jump racing. The race, scheduled for Friday, 14 March 2025, will form part of Gold Cup Day, the grand finale of the Cheltenham Festival. It […]
