Silvia Pavlof's latest articles
Silvia Pavlof
WriterAn expert in industry analysis, Silvia closely tracks global mergers, acquisitions, and transitions in corporate strategy. She investigates market consolidation and competitive dynamics. Her sharp financial insights help executives and investors decode complex structural shifts, empowering them to navigate high-stakes deals and capitalize on emerging industry trends worldwide.
Casino
May 9, 2023
Circa Sports Joins Licensed Sportsbook Operators in Illinois
Circa Sports Illinois has received its license to operate in the state, marking a significant milestone in the eagerly awaited launch of legal sports betting in Prairie State. The Nevada-based sportsbook operator obtained its sports wagering management services provider license from the Illinois Gaming Board on April 27 in Chicago, granting it the authority to […]
Sports
May 9, 2023
Iowa Universities Face Investigations for Sports Wagering Violations
An investigation into sports wagering violations at the University of Iowa and Iowa State University has been launched, with 26 athletes and one employee of the athletic department at Iowa, as well as 15 athletes at Iowa State, suspected of violating The National Collegiate Athletic Association (NCAA) rules. The University of Iowa, in collaboration with […]
Casino
May 8, 2023
Macau Police Apprehend Mainland Suspect in Casino Resort Murder
Macau authorities have identified a 44-year-old mainland Chinese man as the prime suspect in the murder case that unfolded at the notorious casino resort The Parisian Macao earlier this week. Macau’s Judiciary Police (PJ) and Public Security Police Force have revealed that the motive behind the crime appears to be an argument over money. Macau […]
Sports
May 8, 2023
NRL Chief Faces Backlash for Defending Sports Gambling as ‘Entertainment’
Peter V’landys is facing widespread criticism for these recent comments defending the National Rugby League’s (NRL) foray into the sports gambling market. Recovering Addict Slams V’landys for Dismissing Devastating Impact of Gambling V’landys’ remarks have drawn the ire of public health experts and individuals who have struggled with gambling addiction. Many argue that major sporting […]
Sports
May 5, 2023
Safety Concerns Raised After Four Horses Die Ahead of Kentucky Derby
Four horses have died in the week leading up to the Kentucky Derby, sparking concerns about the safety of the sport. Horse Deaths at Churchill Downs Spark Investigation and Suspension The Kentucky Horse Racing Commission launched an investigation into the causes of all four deaths. Two of Saffie Joseph Jr.’s horses collapsed and died without […]
Casino
May 5, 2023
Ex-Employee Forced to Sell Assets to Pay $2M Gambling Fraud Debt
Karen Brailsford, a former employee of Derbyshire firm Urban Design and Development, has been ordered to sell her house, Mercedes car, personalized number plate, and designer goods to pay back a portion of the £1.6 million ($2 million) that she stole from her employer. Former Employee Forced to Sell Assets to Pay for Fraudulent Actions […]
Business
May 5, 2023
Blackstone-owned Cirsa Explores Potential IPO in Spain
Spanish gambling company Cirsa, owned by US asset manager Blackstone, is considering various options, including an initial public offering (IPO), according to anonymous insiders. Cirsa’s Potential Deal May Be Affected by Lottomatica’s Disappointing IPO However, Lottomatica’s recent lackluster IPO in Milan, which priced its shares at the bottom of the targeted valuation range and led […]
Business
May 4, 2023
Rush Street Interactive Reports 20% Revenue Growth for Q1 2023
The company reported revenue of $162.4 million in Q1 2023, a 20% increase from the same period in the previous year. Additionally, the net loss for Q1 2023 was $24.5 million, a significant improvement from the $52.3 million net loss in Q1 2022. Adjusted EBITDA loss for Q1 2023 was $8.7 million, an improvement from […]
Legal
May 4, 2023
UK MP Successfully Lobbies for Gambling Reform on Casino’s Behalf
It has been revealed that Conservative MP Philip Davies has successfully lobbied a government minister on behalf of a casino, resulting in a measure being included in last week’s gambling white paper. UK MP Philip Davies Advocates for Credit Lines in Casinos After Mayfair Casino Visit MP Philip Davies wrote to culture secretary Lucy Frazer […]
Sports
May 3, 2023
WagerWire Partners with Top Sportsbooks to Expand Bettor Community
WagerWire, the innovative sports betting platform, has announced that it has entered into affiliate agreements with nine prominent sports betting operators, including BetMGM, Caesars, SuperBook Sports, Unibet, Tipico, RSI’s BetRivers & SugarHouse, and 888’s SISportsbook, with more to be announced soon. WagerWire Launches In-House Media Network and Mobile App for Partner Sportsbooks The affiliate agreements […]
