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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
July 11, 2024
Jontay Porter Pleads Guilty to Federal Wire Fraud
Jontay Porter, former center for the Toronto Raptors, pled guilty on Wednesday in federal court to conspiracy to commit wire fraud in a high-profile betting scandal that led to his lifetime ban from the NBA. Porter, released on a $250,000 bond guaranteed by his mother and wife, will face sentencing on 18 December. The Betting […]
Legal
July 10, 2024
Vermont Democrats’ Debit Card Illicitly Used for Sports Betting
The Vermont Democratic Party faced an unfortunate accident, experiencing a fraudulent charge of $925 on its political committee debit card, with the funds later deposited into an account on the sports and fantasy gambling site FanDuel. While political fundraising committees are a prime target for criminals, this is the only known case where stolen money […]
Industry
July 10, 2024
David Power, Co-founder of Paddy Power, Passes Away at 77
David Power, a co-founder of the renowned bookmaker Paddy Power, passed away at 77. Power, who was instrumental in transforming a small Irish betting business into a global powerhouse, died peacefully at the Beacon Hospital in Dublin on Monday. Gaming giant Flutter Entertainment, which owns the Paddy Power brand, also expressed condolences. David Elevated the […]
Legal
July 9, 2024
Legal Battle between DraftKings and Former Head of VIP Reaches New Juncture
The legal dispute between sports betting giant DraftKings and its former head of VIP, Michael Hermalyn, has intensified, with the US Court of Appeals now hearing arguments over whether California or Massachusetts law should govern the case. The legislative differences in these jurisdictions could impact the case’s resolution, motivating this ongoing debate. The Choice of […]
Business
July 9, 2024
Roger Parkes Departs Betway Group after Nearly a Decade of Service
Roger Parkes, Betway Group’s esteemed director of compliance and regulatory affairs, has announced his departure from the leading company after nearly a decade of dutiful service. Parkes, a key figure in shaping Betway’s compliance framework, revealed his decision to take a break, recharge, and reflect before pursuing his next professional challenge. Betway Bids Farewell to […]
Legal
July 8, 2024
China Cracks Down on Macau Money Exchange Gangs
In a continued effort to dismantle criminal networks, China’s Ministry of Public Security recently convened a critical meeting in Beijing to discuss the persistent issue of Macau’s “money exchange gangs.” Officials emphasized the necessity of maintaining a stringent, high-pressure crackdown on these illicit groups, which have long plagued the region and violate the country’s strict […]
Industry
July 8, 2024
Labour’s Historic Win Heralds Gambling Sector Uncertainties
In the wake of Sir Keir Starmer’s historic landslide victory, the UK gambling sector faces significant uncertainty. British racing, in particular, must navigate a drastically altered political landscape, as many of its key supporters in Parliament have either retired or lost their seats in Thursday’s election. However, Labour has pledged to address industry feedback, alleviating […]
Casino
July 5, 2024
Coquille Tribe Responds to Backlash against Oregon Casino Project
Responding to the controversy surrounding Coquille’s proposed casino project in Medford, Oregon, Brenda Meade, the chair of the Coquille Indian Tribe, has spoken out against the criticism and misinformation spread by opposing tribes. The project has faced significant backlash from several tribes in California and Oregon, who claim that the Coquille was “reservation shopping” and […]
Business
July 5, 2024
Kambi Withdraws 2027 Financial Targets amid Market Uncertainties
Kambi Group plc’s Board of Directors has withdrawn its previously announced 2027 financial targets, citing slower-than-expected regulatory progress in key markets as a primary reason. The decision follows a comprehensive review initiated in February, which reassessed the company’s progress in its core jurisdictions, challenging the assumptions that shaped its January 2023 financial targets. This Downturn […]
Legal
July 4, 2024
Dutch Gambling Policy under New Management
As the Netherlands’ new coalition government steps into power, significant changes are underway in the realm of gaming policy. Teun Struycken, the newly appointed State Secretary for Legal Protection, will assume responsibility for the country’s gaming policy, a role previously held by Franc Weerwind. Struycken is known for his harsher stance on gambling, heralding new […]
