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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.
Industry
August 22, 2024
Golden Matrix Acquires Controlling Interest in Online Discount Platform
Golden Matrix Group, Inc. is an online platform, content developer, and licensor for social gaming. The company has announced the acquisition of an 80% controlling interest in Classics for a Cause Pty Ltd., or CFAC, in a strategic expansion into the consumer loyalty and rewards industry, which should synergize with its existing portfolio. GMGI Hopes […]
Industry
August 22, 2024
Former Infinileads Owners Announce DailySpin and IppicaOnline
The former owners of Infinileads, one of the leading names in affiliate marketing, are returning to the online gambling industry by launching two new gambling comparison platforms: DailySpin and IppicaOnline. Industry veterans Eric Stoop, Jan Verrecas, John Roos, Gustaf Linder, and Niklas Lundström now join forces under their new company, DailySpin SL. The Platforms Will […]
Industry
August 21, 2024
Bulgaria Allows Social Media Influencers to Promote Gambling
In a surprising turn of events, Bulgaria’s National Revenue Agency (NRA) has clarified its stance on gambling advertising, permitting gambling activities advertising through social media influencers despite placing an almost blanket ban on media marketing only three months earlier. The agency’s interpretation of the law has sparked controversy and casts doubt on how effective Bulgaria […]
Business
August 21, 2024
Analysts Optimistic over DraftKings’ Prospects with the Start of NFL Season
DraftKings stock is down 1.3% in 2024 due to stiff competition, higher taxes on sports betting, and concern over several recent gambling scandals that could damage the company’s public image. Although DraftKings stock underperformed this year, many analysts remain bullish regarding the prospects of the sports-betting company, considering the NFL season is around the corner. […]
Industry
August 20, 2024
D.C. Councilman Faces Charges for Alleged Bribery
Councilman Trayon White finds himself at the center of a quickly escalating bribery scandal that has sent shockwaves through the city’s political landscape. Authorities said that White, representing Ward 8 in Southeast D.C., was arrested by the FBI on Sunday on charges of accepting bribes in exchange for using his elected position to steer lucrative […]
Industry
August 20, 2024
Former New Hampshire Senator Escalates Legal Battle
Former New Hampshire Senator Andy Sanborn’s legal fights have taken another dramatic twist as he steps up his battle with the state’s Attorney General, John Formella. Sanborn, who faces accusations of COVID relief fraud and is under orders to sell his Concord Casino, raised the stakes when he filed a new civil lawsuit against New […]
Sports
August 19, 2024
US Sports Betting Operators Enjoy Stable Growth in July
A DraftKings Inc. attempt to introduce a winning bet surcharge in its high-tax states backfired, with a public outcry forcing the company to walk back the controversial move. The announcement came after its main rival, Flutter Entertainment, owner of FanDuel, publicly announced that it would not implement a similar surcharge. Deciding to backtrack may have […]
Casino
August 19, 2024
Marina Bay Sands Black-Lists Former Chief Casino Officer
In a shocking turn of events, Resorts World Sentosa chief casino officer Andrew MacDonald has been black-listed from his previous place of work with the Marina Bay Sands (MBS) after being issued a Persona Non-Grata Notice dated 31 July 2024. MacDonald shared the news publicly on social media, sending shockwaves through the gaming and hospitality […]
Industry
August 13, 2024
Italy Ready to Finalize Its New Rules for Gaming Concessions
Italy is on the verge of implementing a sweeping reform in its gambling sector, which promises to significantly alter the way gaming operators conduct business. The Agency of Customs and Monopolies (ADM) has put the final touch on a new regulatory framework for online gaming concessions—one of the most significant overhauls in recent years. The […]
Industry
August 13, 2024
Australian Man “Borrows” Over AU$70K from Employer to Fuel Gambling Habit
A man from Canberra, Australia, has been convicted of fraud after stealing more than AU$70,000 ($46,200) from his employer, the Master Builders Association (MBA), in a desperate attempt to fund his gambling addiction. Luke Lowes, 41, who worked as an event organizer for the MBA from 2019 to 2022, funneled event funds into personal accounts, […]
