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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 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 […]
Industry
May 6, 2024
Ontario Students Embroiled in Illegal Gambling Operation
Orillia, Ontario, has become the focal point of an alarming online gambling scheme targeting high school students, prompting a police investigation. Reports surfaced in April revealing that a gambling website called Topbets lured underage individuals. Once signed up, students found themselves embroiled in a dangerous cycle of debt, accompanied by threats from those behind the […]
Business
May 3, 2024
Games Global Announces Milestone IPO Amidst Growth Ambitions
Isle of Man-based gambling software company Games Global Ltd. is gearing up for its US initial public offering (IPO) with ambitious plans to raise approximately $254 million. The company plans to list on the New York Stock Exchange under the symbol GGL, with underwriters including J.P. Morgan, Jefferies, Macquarie Capital, and Barclays. The Move Reflects […]
Business
May 3, 2024
DraftKings Reports Impressive Q1 2024 Financials, Raises Guidance
DraftKings Inc. has announced its financial results for the first quarter of 2024, posting robust revenue growth and providing an optimistic outlook for the rest of the year. The company also shared updates on its business performance and strategic prospects as it hopes to further capitalize on the spread of regulated sports betting and iGaming […]
Industry
May 2, 2024
MGM Management Shares Insights on Long-Term Strategy
During a recent earnings call, MGM management discussed long-term strategy, focusing on various aspects, including the development of BetMGM, expansion into new markets, and growth projections. The company hopes to leverage its record-breaking Q1 results to bolster expansion, consolidate its position in core markets, and achieve lasting success. MGM Is Optimistic regarding Its International Operations […]
