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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
September 18, 2024
VGW Reports Stellar Profits Despite Market Setbacks
Laurence Escalante’s gaming powerhouse, Virtual Gaming Worlds (VGW), has maintained its upward trajectory, booking a net profit of $492 million for the year up to 30 June. This figure represents a 30% climb from last year as the operator realized a record revenue of $6.1 billion. Despite regulatory challenges in its US market, the business […]
Casino
September 17, 2024
Man Arrested for Indecent Exposure at Shreveport Casino
While casino crime comes in all shapes and sizes, most offenses are fortunately limited to short-time disruptions. For example, indecent exposure appears to be on the rise as several recent cases soured the enjoyment of other casino goers and necessitated police involvement. The motives behind these acts remain unclear, but they could be a sign […]
Business
September 17, 2024
Bally’s Acquisition Steams Ahead, Avoiding FTC Scrutiny
Bally’s Corporation, a leading player in US gaming and entertainment, recently announced it has signed a definitive merger agreement with its largest shareholder, Standard General L.P. The deal, valued at $18.25 per share, appears poised to move forward without facing federal antitrust scrutiny, as the regulatory waiting period has expired without objections from the Federal […]
Business
September 16, 2024
Flutter to Acquire Playtech’s Consumer Arm in Major Expansion Move
Flutter Entertainment, the parent company of brands like Paddy Power and Betfair, is reportedly nearing the conclusion of a milestone £2 billion acquisition of the consumer operations arm of Playtech, one of the leading gambling technology providers. The acquisition signals Flutter’s ongoing commitment to expanding its global influence and portfolio. Playtech Will Focus on Its […]
Industry
September 16, 2024
Brazilian Banks Call for Accelerated Ban on Credit Card Betting
Brazilian Federation of Banks president Isaac Sidney demanded that the government accelerate the ban on using credit cards to pay for online bets. He underscored growing concerns over problem gambling and increasing defaults in the coming months as the country awaits the full implementation of gambling regulations set to take effect in January 2024. The […]
Business
September 13, 2024
Flutter to Form Flutter Brazil via Acquisition of 56% Stake in NSX
Sportsbook and iGaming juggernaut Flutter Entertainment has unveiled a major investment in Brazil that would grow its local footprint. The deal reflects the company’s overall expansion strategy and orientation toward global markets. Flutter to Acquire a 56% in NSX in Q2 2025 According to Flutter’s official announcement, it has paid some $350 million to acquire […]
Business
September 13, 2024
Evolution Gaming Expands Live Casino Portfolio with Arcadia Gaming Solutions Acquisition
Evolution Gaming announced the strategic acquisition of Arcadia Gaming Solutions, a deal expected to enhance its position as a live casino gaming leader. Arcadia, known for its proprietary technology allowing players to engage with real-time physical arcade machines remotely, will join Evolution’s growing portfolio of innovative gaming solutions. Arcadia Pioneered a Novel and Engaging Product […]
Industry
September 13, 2024
AGA Reveals Milestone Problem Gambling Prevention Tool
The American Gaming Association (AGA) has introduced the Responsible Gaming Intervention Effectiveness Scale (RG-IES), a new tool designed to help measure the effectiveness of responsible gambling messaging. The scale was developed in collaboration with Bally’s, BetMGM, FanDuel, and academic researchers Drs. Jonathan Ross Gilbert and Marla Stafford. It will help determine the effectiveness of responsible […]
Industry
September 12, 2024
Australian PM Defends Partial Gambling Ad Ban despite Rising Controversy
Australian Prime Minister Anthony Albanese has defended his government’s partial ban on gambling advertisements, pushing back against calls for a complete ban during question time in Parliament. He responded after the opposition highlighted recent polls indicating most Australians supported a full ban to come into effect as soon as possible. The Government Is Hesitant to […]
Sports
September 12, 2024
MLS Terminates Contract of Felipe Hernandez for Gambling Violations
Major League Soccer has announced that the contract of Sporting Kansas City midfielder Felipe Hernandez has been terminated, as he has committed a second violation of the league’s gambling policies. The 25-year-old homegrown player, who has been on administrative leave since June 2024, reportedly breached the terms of his January 2022 reinstatement, which required continued […]
