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
October 8, 2024
Esportes da Sorte Acquires ST Soft, Hopes to Open a New Leaf
Brazilian betting operator Esportes da Sorte has successfully obtained authorization to operate in Rio de Janeiro, thanks to its acquisition of ST Soft-operated Apostou.com, which had already received licensing by the state’s lottery provider Loterj in November 2023. This move allows Esportes da Sorte to establish a presence in the lucrative Rio de Janeiro market […]
Business
October 8, 2024
PENN Entertainment Unveils Preliminary Q3 Financial Results
Today, PENN Entertainment revealed its preliminary financial results for the third quarter ending 30 September 2024, highlighting stronger-than-expected results for its interactive unit, Penn Interactive, which includes the ESPN Bet platform. The company noted the digital segment was performing better than projected, expressing a stable outlook for its retail operations going into 2025. Overall Financials […]
Casino
October 7, 2024
Iowa Casinos Oppose Cedar Rapids Resort Development
Iowa casinos have expressed concerns regarding the proposed Cedar Crossing Casino & Entertainment Center in Cedar Rapids, fearing that the development could significantly impact their bottom lines. During a recent Iowa Racing and Gaming Commission (IRGC) meeting, Linn County Gaming Association (LCGA) presented its application for the new casino, identifying its potential effects on nearby […]
Lottery
October 7, 2024
Loterj Brands at the Center of a Heated Legal Dispute in Brazil
The Federal Regional Court of the First Region (TRF1) in Rio de Janeiro has ruled to suspend the license for Rio de Janeiro State Lottery (Loterj) brands from operating outside the state following a legal battle over gambling regulations. TRF1 president João Batista Moreira’s decision overturned a previous ruling by the Federal District Court that […]
Industry
October 4, 2024
Brazil Gambling in Healthy State Ahead of Regulated Market Launch
A new study, prepared by LCA Consultoria Econômica and commissioned by the Brazilian Institute of Responsible Gaming, shines new light on how gambling affects Brazilian households. According to the report, while Brazil’s sports betting sector records stable growth, its impact on family financial health remains relatively small. New government initiatives should help further reduce gambling […]
Legal
October 4, 2024
Sorare Stands Its Ground in the Face of UKGC Accusations
Sorare, the fantasy sports platform known for its partnerships with renowned soccer leagues like the Premier League, has pleaded not guilty to accusations from the UK Gambling Commission (UKGC) of offering illegal gambling services. The French-based company, which allows users to collect and trade digital cards featuring professional sportspeople, entered its plea at Birmingham Magistrates’ […]
Casino
October 4, 2024
New York Mandates Addiction Warnings on Gambling Ads
Governor Kathy Hochul has signed a new bill into law that imposes stricter regulations on gambling advertisements in New York. The legislation, S1550/A1118, requires that all advertisements for gambling and sports betting must include warnings of the addictive and harmful effects of gambling. This legislation now extends previous requirements that required gambling advertisements to display […]
Poker
October 3, 2024
UPT Uncovers Exciting Schedule for 2024 and Beyond
The World Poker Tour (WPT) has announced its upcoming lineup of high-profile events that will capture the attention of poker pros and fans worldwide. With event stops in Paris, Montreal, Las Vegas, and Cambodia, WPT is preparing for an action-packed few months of tournaments. While fans in some regions may be disappointed, the championship has […]
Industry
October 2, 2024
Naked Trump Sculpture Draws Attention in Vegas amid Presidential Debate Season
A towering nude sculpture of Donald Trump, erected near Interstate 15 in Las Vegas, has drawn considerable attention as the 2024 presidential race heats up. The highly controversial 43-foot-tall statue titled “Crooked and Obscene” briefly towered over the highway before its sudden removal, just days after it went up on 28 September. The Previous Elections […]
Legal
October 2, 2024
Former Jaguars Employee Sues FanDuel from Prison
Amit Patel, the former Jacksonville Jaguars executive who pleaded guilty to defrauding the team out of more than $22 million, filed a $250 million lawsuit against FanDuel, accusing the sportsbook of exploiting his gambling addiction. He claims the operator violated its responsible gaming and anti-money laundering policies and profited off his condition. Most of Patel’s […]
