Stefan Velikov's latest articles
Stefan Velikov
AuthorStefan Velikov is an accomplished iGaming writer and journalist specializing in esports, regulatory developments, and industry innovations. With over five years of extensive writing experience, he has contributed to various publications, continuously refining his craft and expertise in the field.
Industry
October 17, 2025
Nevada Regulator Cracks Down on Event Contracts Related to Prediction Markets
In a letter sent Tuesday to licensed sportsbooks, the Nevada Gaming Control Board (NGCB) advised operators to “be mindful of their obligations to maintain suitability and comply with all applicable laws in all jurisdictions where they operate.” The board also noted that any operator choosing to offer sports or other event-based contracts will have their […]
Casino
October 15, 2025
Hard Rock’s Guitar Hotel in Las Vegas Is Already Taking Shape
On the grounds of the former Mirage in Las Vegas, where the legendary volcano once erupted, the distinctive curves of the towering 660-foot Hard Rock Guitar Hotel are starting to emerge over the Strip, with construction advancing at a steady pace. The Guitar Hotel is the centerpiece of the new project, and it’s crucial for […]
Industry
October 15, 2025
Bulgarian Politicians Want to Block Social Media for Under-15s, Comparing It to Gambling
GERB, the ruling political party in Bulgaria, is exploring the possibility of banning social networks for children under 15, a topic that has recently sparked public debate. Kostadin Angelov, the Chair of the Parliamentary Health Committee and a GERB member, has strongly backed the proposal, likening the potential impact of social media on children’s mental […]
Legal
October 15, 2025
NCSA Issues Legal Notice to ESPN Due to Non-Compliance with Regulations
Bangladesh’s National Cyber Security Agency (NCSA) has issued a legal notice to ESPN Sports Media Group Ltd, the parent company of ESPNcricinfo. The company allegedly violated Bangladesh’s Cyber Safety Ordinance 2025 and is non-compliant with tax laws and gambling advertisements. NCSA Warns ESPN About Various Breaches In the letter, the NCSA accused ESPNcricinfo of displaying […]
Industry
October 14, 2025
Uganda Impounds Over 80 Illegal Machines in Mbarara and Ibanda
Uganda’s National Lotteries and Gaming Regulatory Board (NLGRB) has stepped up its crackdown on illegal gaming, seizing over 80 unauthorized gaming machines in Mbarara and Ibanda during Operation “Mashine Haramu.” NLGRB Seizes Dozens of Illegal Gambling Machines According to NLGRB Operations Manager Steven Tabaruka, more than 6,000 unlicensed gaming machines have been confiscated nationwide since […]
Business
October 14, 2025
Xtremepush Secures Investment of Almost $13M from AshGrove Capital
Xtremepush, an AI-driven CRM and gamification platform, has raised $12.6 million in new funding from long-standing investment partner AshGrove Capital, aiming to use the new funds for further expansion into new markets. Xtremepush and AshGrove Capital Sign Financing Deal According to a press release, the B2B software-focused investor has provided the company with a flexible […]
Legal
October 13, 2025
Gambling Mogul Marcel Boekhoorn Ordered to Divest His Novum Bank Shares
Dutch billionaire Marcel Boekhoorn, a major investor in the gambling sector, has been directed by the Malta Financial Services Authority (MFSA) to divest his shares in Novum Bank after losing his “fit and proper” status. MFSA Orders Boekhoorn to Divest His Shares Boekhoorn, who has significant investments in casino game developer Habanero Systems, is among […]
Business
October 13, 2025
Kalshi Secures $300M Funding, Hits $5B Valuation
Tarek Mansour, CEO of Kalshi, has confirmed in a LinkedIn post the long-rumored $300 million investment secured in the company’s latest funding round, bringing the company’s valuation to $5 billion, as stated last month. Kalshi’s CEO Announces the Company Hit Its Previously-Stated Validation This new capital injection boosts the valuation of the prediction market leader […]
Industry
October 13, 2025
Former Live! Casino & Hotel Employee Admits to “Comps” Scheme
Two former employees of Live! Casino & Hotel Maryland were charged with misusing complimentary perks intended for customers to secure large winnings. One of the former employees, Sonejah Richards, 27, of Forestville, has pleaded guilty to his role in the $27,000 scheme at the Hanover casino. Richards Admits to Conducting the Casino Scheme Richards received […]
Legal
October 10, 2025
Former A-League Star Ulises Dávila Pleads Guilty to Match-Fixing
Ulises Dávila, 34, a former Mexico youth international and captain of Macarthur FC who was named A-League Men Player of the Year in 2021, has pleaded guilty in an Australian court to his involvement in a profitable match-fixing scheme. Dávila Pleads Guilty to Fixing Yellow Cards Dávila was alleged to be the mastermind behind a […]
