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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.
Poker
November 18, 2024
Teen Arrested for Murder of Poker Pro Matthew Bergart After Toronto Shootout
Toronto police arrested a 16-year-old suspect in the murder of professional poker player Matthew Bergart, who was killed in a home invasion in April. The suspect, whose identity remains undisclosed, was taken into custody after a dramatic exchange of gunfire in Toronto’s West Queen West neighborhood that saw over 100 shots fired between two rival […]
Business
November 15, 2024
Tilman Fertitta Bolsters His Influence Within Wynn Resorts
Billionaire entrepreneur Tilman Fertitta, known for his ventures in hospitality and gaming, has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the US Securities and Exchange Commission (SEC). The filing currently designates Fertitta’s position as “passive,” but industry insiders have reportedly hinted that the Houston billionaire may soon push […]
Industry
November 15, 2024
Brazil Introduces Emergency Regulations
The Federal Supreme Court (STF) of Brazil has implemented stringent measures to prevent vulnerable individuals from the harms associated with the gambling industry. In a landmark ruling, the STF unanimously ratified an emergency directive by Minister Luiz Fux to prevent social welfare benefits from being spent on online gambling. The Measures Address Some Pressing Issues […]
Legal
November 14, 2024
FBI Raids Polymarket CEO’s Home amid Illegal Betting Investigation
In a dramatic early morning operation, federal agents raided the New York apartment of Polymarket CEO Shayne Coplan, seizing his phone and electronic devices. The raid happened at 6 am on Wednesday, as Coplan, 26, was awakened by FBI agents who demanded he surrender his electronics. Though Coplan wasn’t arrested, such action further strains Polymarket’s […]
Business
November 14, 2024
Better Collective Faces Strategic Recalibration amid Rising Market Pressures
Better Collective, a prominent betting and affiliate company, is navigating strategic challenges that have prompted a realignment of its operational model and financial targets. The business reported a Q3 increase in revenue by 7.7% to EUR 81.2 million ($85.69 million), with recurring revenue settling at EUR 52.8 million ($55.73 million). Organic sales, however, came in […]
Industry
November 13, 2024
Brazilian Senate Launches CPI to Evaluate the Influence of Online Betting
The Brazilian Senate has formally initiated its Parliamentary Commission of Inquiry (CPI) of Bets, which will follow up on the rapid growth and alleged irregularities of online betting businesses that operate in Brazil. The new commission will investigate the financial consequences of online betting on family budgets, possible links to organized crime in the betting […]
Industry
November 13, 2024
Seneca Nation Presses for New Gaming Compact with New York State
J.C. Seneca, the newly elected president of the Seneca Nation of Indians, takes office at a pivotal time as the Nation seeks to renegotiate its gaming compact with New York State. Seneca winning more than 87% of the vote reflects the Nation’s growing discontent with Governor Kathy Hochul’s lack of motivation to address such concerns. […]
Blockchain
November 12, 2024
Crypto Casino and Sportsbook BetHog Launches with $6M Seed Funding
BetHog, a fresh cryptocurrency casino and sportsbook from the founders of FanDuel has successfully conducted its Alpha launch. The company announced it has raised $6 million in seed funding. The round was led by investing firm 6MV, with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and other prominent investors, boding well for its […]
Legal
November 12, 2024
Casino Crime Update: From Robbery to Gambling Rings
New spikes of casino-related crimes across the USA have highlighted issues ranging from violent robberies and fatal shootings to fraud and illegal gambling operations. Some of the recent cases further shaped the ongoing discussions on casino security and law enforcement efforts as more US states consider legalizing gambling. Casino Crime Can Vary in Severity A […]
Business
November 11, 2024
Game Lounge Expands Global Reach with Meneer Casino Acquisition
Game Lounge, a leading global iGaming affiliate company, has struck a strategic deal to strengthen its European presence by acquiring Two Kings Consultants B.V., the parent company of the acclaimed Dutch iGaming affiliate site Meneer Casino. This strategic acquisition aligns with Game Lounge’s ambitions to expand into regulated markets. The Two Companies Have a Shared […]
