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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 5, 2024
Wynn Resorts Remains Optimistic on UAE Expansion Despite Underwhelming Q3 Results
Despite an unimpressive third-quarter earnings report, Wynn Resorts is doubling down on its ambitious expansion into the UAE, specifically through its landmark Wynn Al Marjan Island project in Ras Al Khaimah. CEO Craig Billings was optimistic about the UAE project, set to launch in 2027, as the operator expects it to usher in a new […]
Industry
November 5, 2024
$3.1M Tax Refund in Nevada Reveals Regulatory Loophole
In a settlement reached on Monday, the Nevada Gaming Commission agreed to refund Nevada Restaurant Services Inc. (NRSI), the operator of 41 casinos under brands such as Dotty’s and Bourbon Street Sports, a total of $3,120,197.28 in overpaid taxes. These overpayments resulted from an accounting error, over-inflating its tax payments. NRSI Uncovered Two More Years […]
Legal
November 4, 2024
Musk’s Sweepstakes Lawsuit Remains in Pennsylvania State Court
A federal judge has ruled that a lawsuit against America PAC, the Elon Musk-backed political action committee (PAC) supporting Donald Trump’s 2024 campaign, will remain in Pennsylvania state court. Philadelphia District Attorney Larry Krasner initiated the legal action, seeking to block America PAC’s controversial daily sweepstakes offering $1 million to registered voters in swing states. […]
Industry
November 4, 2024
Arkansas Casino Referendum Spending Tops $30M
With more than $30 million raised by rival casino interests, the high-dollar proxy war over a constitutional amendment has become one of the costliest political battles in recent Arkansas history as voters in Pope County prepare to go to the polls. The stakes couldn’t be higher for groups on both sides as the referendum could […]
Industry
November 1, 2024
Gambling Industry Rebukes Lancet Report, Suspecting Political Motives
A recent report by The Lancet, one of the world’s highest-impact academic journals, has drawn heavy criticism from within the gambling industry as stakeholders describe the analysis as one-sided and politically motivated. The report, published last week, warns of the public health risks associated with gambling, urging for stricter regulatory safeguards. The Study May Be […]
Industry
November 1, 2024
Macau October Gross Gaming Revenue Surges to New Heights
Macau’s gross gaming revenue (GGR) climbed to MOP 20.8 billion ($2.6 billion) in October, the best month the region has experienced since COVID-19 restrictions were relaxed at the beginning of last year. According to Macau’s Gaming Inspection and Coordination Bureau (DICJ), this figure surpasses the previous high of MOP 20.2 billion ($2.52 billion) set back […]
Industry
October 31, 2024
Virgin Bet Champions Women in Horse Racing with Doncaster Racecourse Event
Virgin Bet announced the second installment of its Women’s Day at the Virgin Bet November Handicap this Saturday, 9 November, at Doncaster Racecourse. It will celebrate and recognize the influential role of women in racing, highlighting Virgin Bet’s commitment to helping drive a more inclusive sporting environment. The Initiative Follows Up on Last Season’s Success […]
Industry
October 31, 2024
UK Gambling Operators Catch a Break as Government Delays Tax Hike
Gambling companies operating in the UK, like Flutter Entertainment and Entain, are breathing a sigh of relief today as the UK government’s newly released Autumn Budget leaves gambling tax rates untouched, staving off an anticipated hike that loomed over the industry. While the country’s gambling sector will likely see tax increases in the long term, […]
Industry
October 30, 2024
Holland Casino and Unions Unite Against Gambling Tax Hike
Holland Casino, the Netherlands’ state-owned gambling operator, has joined forces with some of the country’s most influential labor unions to fight against an impending gambling tax increase. They warn that the government’s measure will severely impact the company’s bottom line and potentially leave thousands of people unemployed. The Tax Increase Could Hurt the Regulated Sector […]
Business
October 30, 2024
DraftKings Announces New Jersey Layoffs Amidst Problem Gambling Concerns
DraftKings announced plans to lay off 101 employees in New Jersey, attributed to the company’s decision to shut down its live dealer studio in Atlantic City. It is yet unknown whether this downsizing will affect the company’s gambling harm prevention team, as New Jersey officials recently raised significant concerns regarding rising addiction rates in the […]
