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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.
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 […]
Industry
November 20, 2024
New Legislation Overhauls Ontario’s iGaming Landscape
The gaming landscape in Ontario is about to undergo significant changes following the passage of Bill 216, which introduces the iGaming Ontario Act. This legislation dissolves the parent-subsidiary relationship between the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario (iGO), transforming iGO into a standalone entity governed by an independent board. An Independent […]
Industry
November 20, 2024
Macau’s Gaming Sector Faces Global Pressures
Macau’s gaming industry is navigating a complex landscape shaped by robust recovery prospects and the looming shadow of international geopolitical pressures. Recent data indicates an optimistic upward trajectory in gross gaming revenue (GGR), but doubts persist due to external influences and shifting investor sentiments. Financial Forecasts Remain Positive Gross gaming revenues in Macau surged 6.6% […]
Sports
November 19, 2024
Tyson-Paul Was a Huge Hit with Bettors
The highly publicized fight between YouTube sensation-turned-professional boxer Jake Paul and legendary heavyweight champion Mike Tyson has smashed betting records, becoming the most heavily wagered combat sports event in recent memory. The fight, held in Arlington, Texas, highlighted boxing’s generational appeal and Tyson’s enduring popularity. The Match Transcended Generations The fight brought in four times […]
Lottery
November 19, 2024
Police Arrest Hearne Woman for Allegedly Stealing $5M Jackpot Ticket
Last week, authorities arrested A.J., of Hearne, Texas, on charges of fraud and theft related to a winning lottery ticket. The arrest came after a joint investigation by the Hearne Police Department and the Texas Lottery Commission uncovering that A.J. had fraudulently claimed a prize worth over $5 million. The Texas Lottery Remains Vigilant Against […]
Industry
November 19, 2024
Brazil Cracks Down on Gambling Bonus Marketing
In a decisive move to regulate its burgeoning gambling industry, Brazil’s National Consumer Secretariat (Senacon) has published Order No. 2,344/2024, introducing stringent restrictions on promotions within gambling in the country, maintaining adequate protections for vulnerable groups. The order mandates an immediate nationwide ban on the marketing of betting bonuses and ads aimed at problem gamblers […]
Legal
November 18, 2024
Baha Mar Developer Pushes for Nassau Hotels as Security in Fraud Case Appeal
Sarkis Izmirlian, the original developer of the Baha Mar resort in The Bahamas, has filed a new legal motion in the New York State Supreme Court, urging that two prominent Nassau hotels owned by China Construction America (CCA) be used as security for his $1.642 billion damages judgment. This Move Extends a Fierce Legal Battle […]
