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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
May 10, 2024
Brazil Implements New 15% Player Winnings Tax
Brazil’s Federal Revenue Service has introduced new guidelines for taxing net prizes obtained from fixed-odds lottery bets, subjecting them to a Personal Income Tax (IRPF) rate of 15%. This development marks another step forward in the country’s efforts to finalize its updated gambling legislation, ushering in a safe and sustainable market that will benefit all […]
Legal
May 9, 2024
Court Case against Ippei Mizuhara Takes Unexpected Turn
Ippei Mizuhara, the former interpreter for Los Angeles Dodgers star Shohei Ohtani, could face more than 30 years in federal prison following revelations during court proceedings related to his plea agreement on Wednesday. However, new information brings a twist to the proceedings, revealing details surrounding a reported illegal gambling operation. Mizuhara Got Mixed Up with […]
Legal
May 9, 2024
Ex-Resorts World Executive Sibella Sentenced to Year of Probation for AML Breaches
Scott Sibella, a former high-ranking casino executive, has been sentenced for his earlier anti-money laundering violations. This follows the former Resorts World chief operating officer and president’s January guilty plea. The violations in question occurred between August 2017 and February 2019. At the time, Sibella was still working at MGM Grand Las Vegas. According […]
Business
May 9, 2024
Super Group Gears Up for Landmark Acquisition amidst Q1 Success
Super Group, the parent company of Betway and Spin, has reported its highest first-quarter revenue for the beginning of 2024, signaling a robust year start. Super Group management was optimistic regarding the company’s prospects, expressing confidence in the long-term benefits of ongoing investments, which should help maintain stellar performance in core markets. Most Metrics Enjoyed […]
Industry
May 8, 2024
Wynn Releases New Concept Art of Its New Al Marjan Island Resort
Leading casino operator Wynn Resorts has unveiled new images of its highly anticipated luxury resort, Wynn Al Marjan Island, currently under construction in Ras Al Khaimah, United Arab Emirates. Set to be the company’s first beachfront resort, Wynn Al Marjan Island is poised to become a landmark destination in the Middle East North Africa (MENA) […]
Industry
May 8, 2024
New Study Explores the Benefits of Sports Betting Taxation
Many US states are reaping the rewards of legalized sports gambling, with tax revenues soaring to nearly $2.5 billion in 2023, according to a recent analysis conducted by online lending marketplace LendingTree. This sum represents a substantial year-over-year increase of 34.7%, demonstrating the growing popularity and profitability of the gambling sector nationwide. Sports Betting Tax […]
Industry
May 8, 2024
Brazil Unveils New Regulations Ahead of Gambling Industry Launch
Brazil’s Ministry of Finance has unveiled updated regulations ahead of the anticipated launch of the country’s sports betting market. The new ordinance, issued by the Betting and Prizes Secretariat and published in the Federal Official Gazette, introduces vital provisions ensuring the integrity and security of the industry amidst new industry trends and rising global challenges. […]
Industry
May 7, 2024
Counterfeiter Flees Australian Justice after Using Fake Chips
A Chinese national made a daring escape from Sydney’s The Star casino after attempting to use $34,000 worth of counterfeit casino chips, according to police reports. The perpetrator was reportedly testing the waters in preparation for a more ambitious defrauding attempt. This incident matches other recent counterfeit chip sightings in high-profile establishments, hinting at the […]
Sports
May 7, 2024
Kentucky Derby Smashes Expectations with Record-Setting Handle
The 150th running of the Kentucky Derby presented by Woodford Reserve proved to be a historic and record-breaking event as nearly 157,000 horseracing fans gathered at Churchill Downs Racetrack to witness Mystik Dan claim the coveted Garland of Roses. The newly renovated track enhanced the viewer experience and significantly contributed to the record-setting betting handle. […]
Poker
May 6, 2024
WSOP Returns to Tallinn with an Exciting Schedule
Poker enthusiasts in Northern Europe are gearing up for an exhilarating summer as the World Series of Poker (WSOP) Circuit event makes its grand return to Tallinn. Collaborating with partners WSOP and GG Poker, OlyBet Group is preparing to host the highly anticipated WSOP Circuit event from 19 July to 28 July at the Olympic […]
