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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.
Industry
April 19, 2024
Brazil Government Implements Stricter Payment Rules for Online Betting
In a move to tighten regulations surrounding online betting, Brazil’s Ministry of Finance, through its Secretariat of Prizes and Betting, has announced new guidelines for payment transactions in online betting. The regulation prohibits several payment methods, including cash, credit cards, bank slips, and cryptocurrencies. New Decree in Brazil Mandates Electronic Payments for Online Bets According […]
Sports
April 18, 2024
DraftKings’ Lawsuit Exposes Feud with Fanatics in Corporate Warfare
Former executives from DraftKings find themselves embroiled in a legal battle with accusations of enticement and stolen corporate secrets. The ongoing feud between DraftKings and Michael Rubin, the billionaire behind the competing sports-betting company Fanatics, reached a climax during a recent court hearing. DraftKings Lawsuit Unveils Allegations of Breach and Recruitment Tactics The heart of […]
Casino
April 18, 2024
Las Vegas Sands Discusses New York Licensing and Thailand’s Gaming Outlook
During Las Vegas Sands’ first-quarter earnings call, CEO Rob Goldstein addressed both setbacks in New York‘s licensing process and the company’s interest in Thailand‘s gaming potential, shedding light on its strategic outlook amidst evolving market dynamics. Las Vegas Sands Faces Extended Timelines in New York In response to delays in New York’s casino licensing, Goldstein […]
Industry
April 17, 2024
The Netherlands Ban Online Gambling Adverts and High-Risk Games
The Netherlands’ House of Representatives has taken a decisive step in the regulation of online gambling by voting in favor of banning online gambling advertisements and high-risk games, such as slots. The motions, proposed by Socialist Party MP Michiel van Nispen, received just enough support for a majority, signaling a significant shift in the country’s […]
Business
April 17, 2024
Handelsbanken Fonder Challenges Endeavor’s $13B Take-Private Deal
Swedish banking institution Handelsbanken Fonder AB has launched a legal challenge against Endeavor Group Holdings‘ proposed $13 billion take-private deal. The move aims to halt the acquisition led by private equity titan Silver Lake Capital, which seeks to delist Endeavor from the New York Stock Exchange. Allegations of Insider Favoritism Rock High-Stakes Buyout Endeavor, the […]
Business
April 16, 2024
ESPN Bet’s Underperformance Causes Analyst to Lower Penn’s Price Target
In a recent development impacting the stock market, Penn Entertainment saw a downgrade in its price target by Deutsche Bank analyst Carlo Santarelli. The analyst revised the target down to $19 per share from the previous $22, maintaining a “Neutral” rating. This alteration came in the wake of a turbulent trading day where Penn Entertainment’s […]
Casino
April 16, 2024
Virginia’s Bristol Casino Achieves Historic Revenue Milestone
The Bristol Casino in Virginia, US, set to become the Hard Rock Casino, has marked a historic milestone by surpassing its previous revenue records in March, with an astonishing $16.3 million in adjusted gross income. This figure, released in a report by the Virginia Lottery, represents a remarkable 9% increase over its previous best month […]
Casino
April 15, 2024
Maryland Lawmaker Defers Online Casino Bill to 2026
Maryland Sen. Ron Watson announced his decision not to introduce a bill for online casino legalization in 2025. Despite Maryland’s proximity to passing such legislation in 2024, Watson emphasized the necessity of allowing more time for deliberation before revisiting the issue. Sen. Watson Advocates for Patient Approach to Maryland Online Casino Legalization Sen. Watson explained […]
Sports
April 15, 2024
Lawmakers Back UConn’s Pavilion Upgrade Amid Sports Betting Overhaul Talks
In a bid to bolster the University of Connecticut‘s athletic infrastructure and reshape sports betting laws, lawmakers are set to approve significant funding and regulatory adjustments. The discussions, held on April 10, saw enthusiastic support from both sides of the aisle for the proposed measures. State Legislators Lean Towards Approval of UConn’s $100M Pavilion Enhancement […]
Sports
April 12, 2024
Tilman Fertitta Unveils Vision for NHL and WNBA Franchises in Houston
The sports landscape in Houston could be in for a significant shake-up as Rockets owner Tilman Fertitta expresses serious interest in bringing both NHL and WNBA franchises to the city. Fertitta Envisions NHL and WNBA Franchises in Basketball-Loving City In an exclusive interview with CNBC’s “Power Lunch,” Fertitta revealed his ambitions, stating that he would […]
