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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.
Business
December 21, 2023
Yolo Investments Unveils New €100 Million Fund Targeting Emerging Technologies
Yolo Investments, a leading investment firm specializing in gaming, blockchain, fintech, and emerging technologies, has officially launched its latest flagship investment fund, Yolo Fund II LP. This fund aims to raise a capital of €100 million and should bolster the company’s expansive portfolio in cutting-edge industries, aligning with its long-term goals. The Funding Will Maintain […]
Business
December 20, 2023
Americans Wager $79bn in a Record-Breaking Year
The American Gaming Association (AGA)’s recent report reveals an impressive surge in the US gaming industry, with Americans contributing to a remarkable 33% increase from the previous year’s betting volumes, setting the stage for a record-breaking year in the gaming landscape. While some segments performed better than others, the sector’s success is indisputable. The Sector […]
Casino
December 20, 2023
Koin and Marker Trax Onboard Mark D. Hemmerle as Chief Legal Officer
Pioneering cashless payment innovators Koin and Marker Trax have appointed veteran legal counsel Mark D. Hemmerle as their new Chief Legal Officer. Hemmerle’s extensive executive experience marks a strategic move for both companies in furthering their market presence as they aim to expand their presence in new markets while retaining their trademark reliability and forward-thinking […]
Industry
December 20, 2023
NSW Bolsters Responsible Gaming Fund with New Leadership
The New South Wales (NSW) Government has appointed Mr. Chris Bertinshaw as the new Chair of the Responsible Gambling Fund (RGF) alongside two new trustees, aiming to strengthen its commitment to minimizing the adverse impacts of gambling across the region. The three fund members possess significant governance skills and will be instrumental in introducing meaningful […]
Industry
December 19, 2023
German Stakeholders Criticize Proposed Gambling Law Changes
Burkhard Blienert, the German federal government’s addiction commissioner, has vehemently criticized the intended relaxation of criminal law proposed by Federal Justice Minister Marco Buschmann. Other industry stakeholders share Blienert’s concerns, noting that such a change would not achieve meaningful results and could even hurt consumer protection efforts. Black Market Operators Remain at Large A recent […]
Industry
December 19, 2023
Australia’s NT Gambling Losses Reach Record Highs
As the festive season approaches, concerns are mounting in Australia’s Northern Territory (NT) over the AUD 15 million ($10.1 million) year-on-year rise in gambling losses among its populace. This trend roughly matches other regions in the country, placing increasing pressure on local authorities and the federal government to implement better player protection policies and curb […]
Industry
December 19, 2023
Italy’s Gambling Industry Unites against Drastic License Fee Hike
Representatives from leading trade associations in Italy’s gambling industry united in a resounding voice at the “Game: One Market, One Reorganization” conference by the Milton Friedman Institute. The participants highlighted concerns over the government’s proposed exorbitant increase in license fees, urging for correct and uniform regulatory and economic policies. Attendants Highlighted Worrying Industry Trends The […]
Industry
December 18, 2023
Introducing Riskier Wagers Bodes Well for US Gambling Operators
The leading hedge fund manager attributed his change in perspective to the growing trend of riskier betting options and the subsequent boost to operators’ margins. A steady stream of innovations from US operators has enabled them to reach broader demographics and improve customer onboarding and retention. New wagering options, often originating from daily fantasy offerings, […]
Business
December 18, 2023
Fanatics May Be Positioning Itself to Go Public in 2024
The potential public offering comes on the heels of two investor days this year, fueling previous market rumors suggesting a possible IPO debut for the Florida-based merchandise and media giant. The company’s successful foray into sports betting highlighted its successful diversification efforts as it built upon its partnerships with high-profile leagues like the NFL, NHL, […]
Business
December 18, 2023
Entain Considers New Board Appointment to Answer Investor Concerns
Global gaming and sports betting powerhouse Entain remains wracked by turmoil as the recent departure of CEO Jette Nygaard-Andersen and intensifying shareholder pressures may herald a significant deviation from the management’s original long-term plans. The rumors regarding the potential onboarding of Ricky Sandler, one of the most vocal advocates for change, lend further credibility to […]
