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
September 8, 2025
PAGCOR Voids PHP 200M in Casino Winnings Claimed by Gov Officials
The Philippine Amusement and Gaming Corporation (PAGCOR) has nullified over PHP 200 million (about $3.52 million) in casino winnings claimed by government officials and employees between January and July this year. The action could be seen as another step in the regulator’s attempts to stamp out illegal gambling. PAGCOR Voids Illegal Winnings from Gambling PAGCOR […]
Industry
September 8, 2025
Casino and Hotel Mogul Tilman Fertitta Lists $192M Superyacht for Sale
Houston billionaire Tilman Fertitta, owner of the Landry’s restaurant and hospitality empire, the NBA’s Houston Rockets, as well as chairman and chief executive officer of Red Rock Resorts, is parting ways with his 250-foot (76.5-meter) superyacht named Boardwalk. He also announced plans for buying a much larger 384-foot (117-meter) vessel. Fertitta Is Selling His Yacht […]
Industry
September 8, 2025
MGM China Rolls out Labubu and Rolex Promotions to Defend Market Share
MGM China has launched a new promotional campaign allowing players to redeem points for mini Labubu toys as part of its strategy to maintain market share. Additionally, players who place side bets totaling HKD5,000 (around $640) or more have a chance to win a Rolex watch. MGM China Unveils New Promotions George Choi and Timoth […]
Industry
September 5, 2025
Romanian Municipalities Seek More Local Control over Gambling
In Romania, a proposed draft bill supported by city mayors seeks to transfer regulatory control over gambling to local authorities, including the introduction of new licensing taxes. This would diminish the National Gambling Office’s (ONJN) role in overseeing the sector. Municipalities Support Bill to Give Them More Control Over Gambling Presented by the Ministry of […]
Industry
September 5, 2025
Virgin Media Takes Stance Against Rising Number of Gambling Scam Texts
Virgin Media O2 is urging all UK customers to stay vigilant when receiving text messages claiming they’ve won a gambling prize. So far this year, the company has blocked more than 600 million scam texts – twice as many as the total intercepted in both 2023 and 2024 combined. Virgin Media Warns Customers of Gambling […]
Legal
September 4, 2025
Malaysian Police Bust Illegal Online Gambling Ring, Arrest 34
Selangor police busted an illegal online gambling ring in Malaysia, and have apprehended 34 individuals linked to the illicit activities operating out of a terraced house in Sungai Buloh. Illegal Gambling Ring Busted in Malaysia According to The Malay Mail, the suspects comprise 29 men and five women, aged between 19 and 33. Notably, almost […]
Casino
September 4, 2025
Penn Entertainment to Open New Tower at M Resort in December
Penn Entertainment announced that a new second tower at M Resort in Henderson, Nevada, will open on December 1 following a $206 million expansion. The 384-room addition will nearly double the resort’s total capacity to 765 rooms, and guests can also look forward to a new restaurant from a celebrity chef. Penn Entertainment Announces Date […]
Business
September 4, 2025
Kambi Appoints Former Disney HR Boss Michelle Unsworth as Chief People Officer
Kambi has appointed Michelle Unsworth as its new chief people officer, overseeing all aspects of the company’s global people strategy, including talent acquisition, leadership development, and employee experience. Michelle Unsworth Announced as Kambi’s Chief People Officer Over the past 20 years, the London-based industry professional has accumulated rich experience leading people functions and driving transformation […]
Legal
September 3, 2025
California Court Rejects High 5’s Motion in Sweepstakes Casino Lawsuit
The Superior Court of California has denied four recent motions filed by High 5 Entertainment’s legal team, including a request to strike the first amended complaint, a motion to quash the service of summons, and motions to compel arbitration and to initiate arbitration proceedings. Superior Court of California Denies High 5 Entertainment’s Claims This case […]
Industry
September 3, 2025
JP Morgan Analyst Says OSB Operators Shouldn’t Miss Prediction Markets
According to JP Morgan analyst Daniel Politzer, prediction markets may serve as a practical alternative to online sports betting (OSB), paving the way for the further expansion of the sector. Online Sports Betting Operators Could Win a Lot from Prediction Markets, Analyst Says Politzer identified exchange-traded wagers as a promising market expansion opportunity that he […]
