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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.
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 […]
Legal
October 10, 2025
Media Mogul Richard Desmond Seeks $1.58B in Damages from UKGC
Billionaire media mogul Richard Desmond has called on a court to lean on the side of “generosity” in evaluating a GBP 1.3 billion (approximately $1.58 billion) damages claim against the United Kingdom’s Gambling Commission (UKGC). This is a sum that would likely be covered by taxpayers if he prevails in the legal battle. Richard Desmond […]
Poker
October 10, 2025
George Janssen Wins Big Poker Tournament While Waiting a Court Sentence
George Janssen, a Michigan poker ace who previously claimed to be the target of a complex kidnapping plot and is currently awaiting sentencing for fraud, won a Major Series of Poker: The Tour (MSPT) tournament this week. Janssen Wins Tournament While Awaiting Court’s Decision Janssen topped a field of 312 players in a $400 buy-in […]
Industry
October 9, 2025
PGCB Executive Director Warns About the Impact of Predictions Markets
In a letter addressed to Pennsylvania’s congressional delegation on Wednesday, Kevin F. O’Toole, executive director of the Pennsylvania Gaming Control Board (PGCB), expressed concern over the increasing prevalence of sports prediction markets, warning that they pose a “significant threat” to the state’s established gaming regulatory framework. PGCB Executive Director Says Predictions Markets Create Back Doors […]
Industry
October 9, 2025
Slovakia Appoints Libuša Baranová as New Gambling Regulator Head
Libuša Baranová has been named the new director general of the Office for the Regulation of Gambling (ÚRHH), Slovakia’s gambling regulatory authority. She succeeds Jana Mravíková, marking the second leadership change at the agency this year. Libuša Baranová Heads Slovakia’s Gambling Regulator Mravíková stepped into the role earlier this year following the departure of Martin […]
Business
October 9, 2025
Arsen Tadevosyan Becomes 18Peaches’s New Chief Strategy Officer
Next-generation slot game provider 18Peaches has named Arsen Tadevosyan as its new chief strategy officer. With over ten years of leadership experience in the iGaming industry, Arsen brings deep expertise in product strategy, gaming operations, and business development to support the company’s rapid growth. 18Peaches Welcomes Arsen Tadevosyan At 18Peaches, Arsen Tadevosyan will lead efforts […]
