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
February 23, 2024
Melco Resorts CEO Lawrence Ho Exits Hong Kong’s 50 Richest
Lawrence Ho, the founder, chairman, and CEO of Melco Resorts and Entertainment, has lost his position in Hong Kong’s 50 Richest list published by Forbes. The 47-year-old casino magnate and the eldest son of Macau’s late gaming pioneer Stanley Ho had been a regular on the list for the past ten years. However, macroeconomic pressures […]
Industry
February 23, 2024
German Regulator Appeals for Stricter Measures against Illegal Operators
At the recent Lotto Talk event in Berlin, the Gemeinsamen Glücksspielbehörde der Länder (GGL), Germany’s gambling regulator, appealed to the Federal Ministry of Justice to reconsider a recent amendment to criminal law. The authority is concerned about the potential loss of essential tools to combat illegal gambling. Leading licensed operators have also spoken out against […]
Industry
February 22, 2024
Coral Launches Milestone Promotional Campaign Ahead of Cheltenham Festival
Leading UK bookmaker Coral has unveiled its new brand campaign, “We’re Here For It,” featuring a series of TV ads focusing on horse racing and gaming. This campaign, the first by Wonderhood Studios since they became Coral’s lead creative agency, unites various types of racing, sports, and gaming fans through their shared passion. The TV […]
Business
February 22, 2024
Better Collective’s Impressive Financials Set the Stage for a Successful 2024
Stockholm and Copenhagen-listed media group Better Collective A/S has surpassed its 2023 revenue target despite challenging conditions in the US market during the fourth quarter. While Q4 results saw the company exceed its full-year revenue target of between €315 million ($340.6 million) and €325 million ($351.4 million), shares declined in response to the dip in […]
Industry
February 21, 2024
888’s Control Centre Safer Gambling Tool Launches in Ontario
Leading online betting and gaming company 888 has announced the rollout of its safe gambling initiative, the Control Centre, in Ontario. This initiative aims to assist players in gaining a better understanding of their gambling behavior while promoting responsible gaming practices. The product has a proven track record, and its launch should bolster 888’s brand […]
Industry
February 21, 2024
Skill-Based Machines Set to Win Landmark Hearing in Texas
In a groundbreaking legal battle, the State of Texas faces off against gambling machines in a case that could set a precedent for the future of such devices in the jurisdiction. The hearing, presided over by the 336th District Judge in Fannin County, marks the first time a Texas court is deciding the legality of […]
Legal
February 20, 2024
UK MP Loses Appeal amidst Gambling Lobbying Scandal
Blackpool South MP Scott Benton has lost his appeal against a proposed suspension from the House of Commons following his involvement in a gambling-related lobbying sting operation. The Independent Expert Panel (IEP) dismissed his appeal as the UK prepares to enter the next stage of consultations on its upcoming gambling white paper. The Parliament Condemned […]
Industry
February 20, 2024
Louisiana Sportsbooks Surpass $50M in Revenue for Second Consecutive Month
The Louisiana Gaming Control Board has reported an impressive $52.7 million in gross sports betting revenue for January. The figure reflects the aggressive marketing efforts of the Pelican State’s ten mobile sportsbooks, which actively courted and engaged the public. Increased spending also reflected positively on the state’s budget, bolstering community-focused initiatives. Louisiana Remains an Attractive […]
Industry
February 19, 2024
UK Study Shows How Banks Can Help Combat Gambling Harm
A recent report from Queen Mary University of London sheds light on the pivotal role financial institutions can play in preventing significant financial harm arising from problem gambling. As more individuals seek help for gambling-related issues, the study emphasizes the unique position banks hold in identifying and mitigating gambling-related harms. Financial Institutions Can Be the […]
Legal
February 19, 2024
Federal Rules Greenlight Florida-Style Tribal Gaming Compacts
In a significant move, the Department of the Interior has announced the finalization of federal rules affirming the legality of Florida-style “hub-and-spoke” tribal gaming compacts. These compacts, governed by the Indian Gaming and Regulatory Act, play a pivotal role in the economic development of Tribal nations and have been a focal point for negotiations between […]
