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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
October 16, 2023
Reduced Credit Card Fees for Merchants May Hurt Gambling Tourism
A new federal legislation proposal, the Credit Card Competition Act of 2023, aims to reduce credit card fees charged to merchants. However, these interchange fees also fund rewards programs based on points, providing consumers with benefits like airline miles, hotel credits, and cash-back incentives. The potential change has raised concerns about the measure’s broader impact […]
Industry
October 16, 2023
Slots-Like Skill Games Once Again Banned in Virginia
In an unexpected ruling on Friday, the Supreme Court of Virginia reversed a lower court decision and reinstated the state’s prohibition on slots-like skill machines. The Supreme Court issued this ruling during a review of the legality of a longstanding injunction issued by a lower court that had prevented the state from enforcing the ban […]
Legal
October 13, 2023
Thousands Arrested as Malaysia Cracks Down on Illegal Gambling
A comprehensive effort aimed at curbing illegal online gambling and lottery activities saw Malaysian authorities arrest 1,871 individuals. The operation, known as Special Op Dadu, spanned two weeks, with nationwide raids executed between 22 September and 5 October. The crackdown highlighted the government’s rising vigilance against illegal gambling as it tries to safeguard regulated operators. […]
Business
October 13, 2023
Disney Ready to Enter the Sports Betting Arena with ESPN Bet App
Disney is making a significant leap into sports betting by launching the ESPN Bet app next month. While the move has stirred internal debates and concerns, the allure of attracting a younger, predominantly male audience and tapping into the growing sports betting industry has proven too compelling to ignore. The Partnership Leverages Disney and Penn’s […]
Poker
October 12, 2023
Poker Rivals Fall Victim to Social Engineering Scam
In an unexpected twist, two bitter poker rivals set aside their differences to expose a social engineering scam that exploited their mutual dislike. Benjamin “Blank Check Ben” Lee and “Wes Side” Wesley Fei found themselves embroiled in a complex web of deception. Their journey from rivals to allies in uncovering this elaborate scheme serves as […]
Industry
October 12, 2023
DraftKings Sees Women’s Sports and Live Wagering as Key Growth Drivers
The US sports betting industry is on the cusp of significant growth, with emerging opportunities tied to women’s sports and live wagering. Jason Robins, co-founder and CEO of DraftKings, made these observations during his keynote address at the Global Gaming Expo (G2E) in Las Vegas. He discussed how evolving customer interests and technology advancements shape […]
Industry
October 11, 2023
Irish Betting Shops Can Rest Easy as Government Postpones Levy Increases
Ireland’s Minister of Finance, Michael McGrath, presented the country’s budget for the upcoming year, omitting any mention of the planned increase in the betting levy. The proposed change, an initiative first championed by the Labour Party, would see the tax rate rise from 2% to 3%, with the additional funds earmarked to support domestic sports […]
Business
October 11, 2023
Caesars Entertainment Shares Dip, but Maintains Its Potential
Caesars Entertainment, a leading player in the gaming industry, has seen a 14.37% decline in its shares over the past month, primarily due to recent cybersecurity challenges and concerns about economic headwinds. However, following meetings with Caesars executives at the Global Gaming Expo (G2E) in Las Vegas, Stifel analyst Steven Wieczynski published a report reiterating […]
Legal
October 10, 2023
Michigan Presses On with Fantasy Pick’em Game Restrictions
Michigan is joining the growing list of states taking steps to restrict fantasy pick’em games, a form of daily fantasy sports (DFS) that has come under scrutiny for its resemblance to sports betting. Despite rising concerns, the sector enjoys unprecedented growth and should be flexible enough to accommodate changing regulations. Pick’em Games Resemble Sports Wagering […]
Industry
October 10, 2023
Underdog Fantasy Launches “GuardDog” Initiative
Prominent daily fantasy sports operator Underdog Fantasy aims to proactively tackle gambling harm through its new “GuardDog” initiative. The program will provide startups focused on developing innovative and responsible gambling solutions with the necessary support and funding. This move coincides with the industry’s ongoing pivot towards reducing its negative societal impact. The Initiative Will Help […]
