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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
March 11, 2025
Banijay Group Eyes 2025 Growth Despite French Tax Challenges
Banijay Group aims for continued growth in 2025 despite facing new regulatory challenges in France. In the firm’s 2024 earnings call, CEO François Riahi said he was confident in Banijay’s potential to leverage its success, highlighting robust performance in all core segments like content production, live events, and online sports betting and gaming. Banijay Enjoys […]
Legal
March 10, 2025
DraftKings Extortion Case Proceeds to Court
DraftKings will have to defend its stance in court after a New York federal court partially denied the company’s motion to dismiss an extortion action filed by former professional poker player Steven Jacobs. The ruling allows key allegations against the sports betting giant, like aiding and abetting assault and battery, to move forward, marking a […]
Business
March 10, 2025
Stakelogic Suffers Cybersecurity Breach
Leading online casino game developer Stakelogic recently faced a cyberattack after CEO Stephan van den Oetelaar’s email account was compromised. While the company confirmed that no sensitive or confidential information was exposed, the breach continues the trend of high-profile cybercrime operations targeting the gambling sector. The attack comes at a pivotal time for Stakelogic ahead […]
Industry
March 7, 2025
Armenia Doubles Gambling Levies in Unprecedented Industry Crackdown
Armenia has approved a hefty increase in tax for gambling operators, with the rate doubling from 1 April 2025. The government believes the move will generate an extra 13 billion drams ($33 million) each year, with authorities warning of further increases unless a gambling oversight body gets established. Armenia thus hopes to usher in a […]
Legal
March 7, 2025
Gambling Platform Uses AI Deepfake for Fraudulent Marketing
Hong Kong actor Louis Koo, most famous for his roles in movies like Paradox and Warriors of Future, recently fell victim to AI-enabled fraud when a deepfake video featuring his image and voice unlawfully advertised a Malaysian online gambling platform. The actor has publicly disavowed any association with the website, advising fans to be cautious […]
Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Casino
March 6, 2025
Hawaii Lawmakers Scrap Another Casino Bill
Hawaii’s latest attempt to legalize casino gambling has been put on the back burner, as state legislators voted to indefinitely defer Senate Bill 893, effectively halting discussions on legalizing casinos in the state. The proposed legislation would establish regulated casino gaming within the Aloha Stadium Entertainment District and the Hawaii Convention Center. However, mounting criticisms […]
Legal
March 6, 2025
CMA to Reassess Spreadex’s Acquisition of Sporting Index
The UK’s Competition and Markets Authority (CMA) announced on Wednesday that it would be reviewing its previous decision over the acquisition of Sporting Index by Spreadex following Spreadex’s successful appeal to the Competition Appeal Tribunal (CAT). While victory is not guaranteed, this development grants Spreadex another chance to defend its investment and protect its UK […]
Industry
March 5, 2025
Lottomatica Reports Record-Breaking FY 2024 Financials, Poised for Further Growth
Lottomatica Group S.P.A. has published impressive financial results for fiscal year 2024, surpassing its guidance with an adjusted EBITDA of €739 million ($792 million). The Italian gaming giant continues strengthening its market leadership position with substantial growth in online gaming and sports betting. Robust early 2025 momentum indicates the company is on pace to meet […]
Business
March 5, 2025
Flutter Entertainment Reports Strong Q4 2024 Performance, Signals Bullish 2025 Outlook
Flutter Entertainment enjoyed a robust fourth-quarter 2024 performance, exceeding expectations with better-than-expected earnings and a confident outlook for 2025. The global gaming giant maintained momentum, supported by stable revenue growth in its key markets, an expanding player base, and strategic acquisitions. Overall Results Remain Consistent Flutter recorded a 14% year-on-year revenue increase, reaching $3.79 billion […]
