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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.
Legal
November 26, 2024
Fatal Road Rage Incident Claims Life of Vegas Strip Uber Driver
A road rage confrontation on the Las Vegas Strip turned violent on Monday, ending the life of an Uber driver and sending a young woman into custody. The fatal shooting unfolded near the intersection of Las Vegas Boulevard and Palazzo Drive, according to the Las Vegas Metropolitan Police Department (LVMPD). This incident, unfortunately, adds to […]
Industry
November 26, 2024
Arkansas NIL Raffle Bill Causes Division Amidst Gambling Operators
House Bill 1044, filed this month in the Arkansas legislature, could allow colleges and universities to hold fundraising raffles during sporting events. Dubbed the “Arkansas Sports Raffle Act,” this legislation seeks to provide schools with an innovative opportunity to raise funds for scholarships and Name, Image, and Likeness (NIL) compensation to student-athletes. The New Legislation […]
Legal
November 25, 2024
Casino Shooting Victim Sues Venue for Negligent Security
A victim in a 2022 shooting outside the bestbet Orange Park casino in Florida is suing the gambling venue, claiming it failed to provide adequate security measures to protect its patrons. The result of this legal action could recontextualize casinos’ responsibility to ensure the safety of their customers and potentially lead to broader industry changes. […]
Legal
November 25, 2024
Polymarket Restricts French Users Following ANJ Probe
Polymarket, a leading crypto-based real-world event prediction platform, has taken steps to block French users in response to an investigation by France’s National Gaming Authority (ANJ) into its compliance with the country’s gambling laws. The platform, which allows users to bet on political, sports, and other events, has faced ever-increasing scrutiny, including in the USA. […]
Business
November 25, 2024
Bet-at-Home Weighs Sale amid Operational Challenges
Bet-at-home AG, a veteran in the online gaming and sports betting industry, is reportedly exploring a potential sale, according to a recent NEXT.io report. Despite recent struggles, the company’s resilient financial performance could make the operator an attractive acquisition target. Bet-at-home maintains a presence in several European markets, further aiding its prospects. Unfavorable Developments Hurt […]
Casino
November 22, 2024
A Transformed Rio Hotel & Casino Joins Forces with Hyatt
The iconic Rio Hotel & Casino in Las Vegas has officially joined Hyatt’s portfolio. This development marks a significant milestone for the property and the brand. Following its successful $340 million phase one renovation, Rio is now part of the Destination by Hyatt brand- the first in Nevada and the world’s biggest Hyatt by room […]
Business
November 22, 2024
Spreadex to Sell Sporting Index Due to Monopoly Concerns
The UK Competition and Markets Authority (CMA) has ordered Spreadex to divest itself of Sporting Index due to significant competition concerns in the licensed online sports spread betting market. This decision comes after an extensive investigation into the merger concluded that the deal stifled competition and risked negatively impacting consumers. A Consolidated Market Could Hurt […]
Industry
November 21, 2024
Robinhood Eyes UK Expansion Despite Regulatory Challenges
Robinhood, the US-based trading app known for its commission-free trading model, is doubling down on its ambitions to dominate the UK market despite facing a challenging regulatory landscape. As part of his vision to make the firm a global leader in traditional finance and cryptocurrency trading, CEO Vlad Tenev was confident that the UK could […]
Industry
November 21, 2024
Texas Could Unlock Billions with Regulated Gambling
Texas remains one of the few states to embrace legalized sports betting, but a growing body of evidence suggests that doing so could lead to significant economic benefits. A recent study from independent research firm Eilers & Krejcik highlighted the untapped potential of legalizing sports betting in the Lone Star State, offering a glimpse of […]
Industry
November 20, 2024
Catskill OTB to Shut Down After 48 Years Due to Financial Struggles
After nearly five decades of operation, Catskill Regional Off-Track Betting Corporation (OTB) will cease accepting wagers at the end of this month. The closure marks the culmination of an almost decade-long financial struggle, coupled with mismanagement and failure to adapt to New York’s rapidly shifting gambling landscape. The Company Faded into Irrelevancy Catskill OTB, which […]
