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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.
Legal
August 1, 2024
Las Vegas Housekeeper Implicated in Theft of over $100K
A housekeeper at a prominent Las Vegas Strip resort has been implicated in a series of thefts involving large sums of money and personal items from hotel rooms, according to police documents obtained by local news outlet 8 News Now. Maria Menendez Betancourt of the Palazzo Tower at the Venetian Resort Las Vegas is facing […]
Business
July 31, 2024
Caesars Digital Shines with Record Q2 Revenue
Caesars Digital, the online sports betting and iCasino division of Caesars Entertainment, has been the bright spot in what was otherwise a tepid second quarter for the company. The digital segment reported a company record of $40 million in positive AEBITDA (adjusted earnings before interest, taxes, depreciation, and amortization), a significant leap from the $11 […]
Industry
July 31, 2024
Stake Acquires Idealbet, Branches Out into Italian Market
In a bid to boost its global expansion strategy, Stake has acquired Baldo Line s.r.l., the Italy-based sports betting and remote gaming operator behind the Idealbet brand. This acquisition, previously part of the Octavian Group, will bolster Stake’s presence across the Italian market as the company focuses on empowering players worldwide with top-notch entertainment. Combined […]
Industry
July 30, 2024
New Zealand Government Opens Online Casino Licensing Process
In a significant shift, the New Zealand government has announced plans to auction off licenses for online casinos. The country is introducing measures to regulate gambling activity, minimize gambling harm, and bolster tax revenues. While such a dynamic shift will be challenging, New Zealand remains confident that liberalizing its gambling market will bring significant positives. […]
Lottery
July 30, 2024
Massachusetts Online Lottery Eyes Q4 2025 Launch
Massachusetts lawmakers first pondered the concept of an Internet lottery platform in 2012, but it faced significant resistance. Legislators have consistently opposed online gambling for the past 12 years. However, a recent legislative compromise has finally addressed these lingering concerns, leading to the long-expected legalization of iLottery in Massachusetts. iLottery Should Provide Significant Benefits Governor […]
Business
July 29, 2024
Bally’s Reaffirms Commitment to Las Vegas amid Ambitious Expansion Plans
Soo Kim, Bally’s chairman and co-founder of Standard General L.P., the company behind the recently announced acquisition, discussed the operator’s post-merger strategy. He noted that the future of casino gaming remains bright despite current market uncertainties. Kim remained adamant that the multibillion-dollar investment was a testament to Standard General’s confidence in the sector’s continued growth. […]
Industry
July 29, 2024
Online Gambling Skyrockets in Australia, Sparking Renewed Calls for Reform
Online gambling in Australia has surged over the past 12 months, new data shows, placing more pressure to introduce wide-ranging industry reforms. Recent findings also confirmed that problem gambling is also on the rise, highlighting Australia’s ongoing difficulties in introducing meaningful change to the sector. The country’s federal nature further complicates this matter, making centralized […]
Casino
July 26, 2024
New York Actors and Theater Workers Divided on Proposed Times Square Casino Project
A planned casino in Times Square has driven a wedge between New York theater worker groups as a planned casino in Times Square has driven a wedge between New York theater workers and actors as discussions surrounding possible new casino developments in downstate New York and New York City escalate. The International Alliance of Theatrical […]
Business
July 26, 2024
Bally’s Corporation Commits to Standard General Merger Agreement
Bally’s Corporation has entered into a definitive merger agreement with Standard General L.P.—its largest common stockholder, under which Standard General will acquire all outstanding shares of Bally’s for $18.25 per share. This new chapter for Bally’s should bring fresh opportunities for the operator and create lasting growth for the company. This Deal Should Significantly Expand […]
Legal
July 25, 2024
China Intensifies Crackdown on Cross-Border Gaming
China has intensified the crackdown on cross-border gaming activities, with the Supreme People’s Court (SPC) citing Alvin Chau and Suncity Group as typical cases of such harmful activities. According to the SPC, this high-profile case underlined the substantial capital outflow from China and the grave social and economic consequences of mass cross-border gaming. Chau Refined […]
