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Silvia Pavlof's latest articles
Silvia Pavlof
AuthorSilvia has dabbled in all sorts of writing – from content writing for social media to movie scripts. She has a Bachelor's in Screenwriting and experience in marketing and producing documentary films. With her background as a customer support agent within the gambling industry, she brings valuable insight to the Gambling News writers’ team.
Business
February 13, 2023
FanDuel Is on Annual Profitability Path in 2023 Says CEO
In an interview for Bloomberg Television, Howe expressed her optimism about the company’s future and emphasized the robustness of the company’s operations. FanDuel Expects 17 million Bets on the Super Bowl FanDuel CEO Amy Howe expressed her confidence that this year will mark a turning point for her company: We feel very confident about our […]
Casino
February 10, 2023
Illinois Senator Submits Bill to Legalize Online Casinos
SBC Americas reported that this legislation would allow casinos and racetracks in Illinois to apply for an internet gaming license, which can include up to three skins. The license will cost $250,000 and will be regulated by the Illinois Gaming Board. The New Legislation Introduces a 15% Tax Rate The new bill introduced by Sen. […]
Sports
February 10, 2023
New York Congressman Cracks Down on Sports Betting Advertising with New Bill
Ahead of the Super Bowl, Rep. Paul D. Tonko has brought forward the Betting on our Future Act, legislation that aims to ban all online and electronic advertising of sports gambling. Sports Betting Ads Put Young Adults at Risk The Betting on our Future Act is modeled after the Federal Cigarette Labeling and Advertising Act, […]
Industry
February 10, 2023
A Surge in Macau Casino Stocks Shows Industry on Path to Recovery
South China Morning Post reported that this is evident in the recent stock market performance of casino operators such as Galaxy Entertainment, Sands China, and MGM China, which have seen significant growth in the past few weeks. In fact, a Bloomberg index that tracks the performance of six of the largest casino operators in Macau […]
Sports
February 9, 2023
ASA Clears Paddy Power and Sky Bet Ads Featuring Former Soccer Players
This decision comes despite concerns raised by some individuals about the advertisements potentially violating the advertising code, which prohibits gambling operators from linking themselves with individuals who could attract minors, the ASA conducted a thorough investigation and ultimately determined that there was no violation of the code. ASA Deems Crouch Does Not Appeal to Young […]
Industry
February 9, 2023
Danish Gambling Regulator Reports Increased GGR in Q4 2022
The latest financial results report from the Danish gambling regulator Spillemyndigheden highlighted that the overall gross gaming revenue (GGR) for the betting, online casino, slot machine, and physical casino sectors amounted to DKK 1.8 billion ($254.9 million) in Q4 2022, which represents a 4.5% increase compared to Q4 2021. The report also noted that all […]
Business
February 9, 2023
MGM Q4 2022 Results Reveal Record Quarter for Las Vegas Properties
MGM Resorts International saw a significant boost in its earnings for the year 2022 with a revenue of $13.1 billion, a surge of 36% from the previous year’s $9.7 billion. This figure encompasses the financial results of several properties, including the newly acquired Cosmopolitan in Las Vegas, and the full-year operations of Aria and Vdara. […]
Sports
February 9, 2023
Clark County Approves Decade-Long Hosting of Las Vegas Grand Prix
On February 7, seven out of the seven members of the Clark County Commission voted in favor of the contract extension. Formula 1 Las Vegas Grand Prix to Bring $1B to Las Vegas Economy Fox 5 reported that in a historic move, the commission has granted permission for necessary road closures along the Strip between […]
Legal
February 8, 2023
US SPAC Firm Starts Legal Action against Okada Manila
The lawsuit was filed on February 2 in the Delaware Court of Chancery and calls for the prompt consummation of the merger, which was initially agreed upon in October 2021. Universal Entertainment to Review Lawsuit Amidst Merger Extension The ultimate parent company of Okada Manila, Japan’s Universal Entertainment Corp, has stated that they will carefully […]
Legal
February 8, 2023
Macau Police Arrests DICJ Employee for Running Prostitution Website
The arrest of the 58-year-old employee of DICJ has shaken the city of Macau. The individual had been working at the bureau for 30 years. The investigation into the case began last September when the PJ arrested 19 individuals and 54 mainland Chinese women for their involvement in the illegal operation. Prostitution Website Ran for […]
