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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
May 9, 2025
MGM Re-Signs Contract with CEO Hornbuckle Until 2028
CEO and president Bill Hornbuckle has renewed his contract with MGM Resorts, meaning he will stay at the helm of the company for the next three years. MGM Resorts Announces Re-Signing of CEO The deal will see Hornbuckle extend his tenure in the position until the end of 2028. The previous agreement between the company and […]
Industry
May 9, 2025
Magnus Carlsen Speaks Positively About the Future of Chess Betting
One of the biggest names in modern chess, Magnus Carlsen, is urging chess tournament organizers to adopt faster-paced formats in order to increase interest in betting on matches. Carlsen Wants to See Betting on Chess Be More Developed Appearing at a conference at the Next Summit Valletta 2025, the five-time World Chess Champion spoke favorably […]
Industry
May 9, 2025
Bank of Ireland Introduces Voluntary Card Blocks Amid Rise in Youth Betting
The Bank of Ireland has implemented various debit card gambling blocks in response to the surge in gambling amongst young people in the country. Bank of Ireland Announces New Gambling Blocks According to new data from Bank of Ireland, card spending on gambling by 18 to 25-year-olds increased by 19% between January and March, even […]
Lottery
May 8, 2025
Public Divided on $3M Slot Win in Mississippi
On some rare occasions, one’s life can change in literally seconds, which is what happened to a gambler who just won over $3 million at a slot machine in Mississippi. Lucky Slot Machine Player Wins Jackpot Announced in a Facebook post, the man played a “Wheel of Fortune” slot machine at Harlow’s Casino & Resort […]
Industry
May 8, 2025
MGM Says Thailand Will Become Top Gambling Destination
Ed Bowers, president of global development at MGM International, expressed that Thailand could soon emerge as Asia’s leading destination for integrated resort investments. Bowers Says Thailand Could Become Top Gambling Destination in Asia During his remarks at the G2E Asia Forum, Bowers noted that if the right legislative framework and infrastructure are put in place, […]
Industry
May 7, 2025
Philippine Casino Junkets Involved in Ransom on Murdered Chinese Businessman
According to police in the Philippines, two casino junket operators have allegedly received and transferred $3.6 million in ransom money paid by the family of a kidnapped Chinese businessman, Congyuan Guo, who was later found dead. Businessman Found Dead Despite $3.6M Being Paid Also known as Anson Tan or Anson Que, the affluent leader of […]
Sports
May 7, 2025
Zhao Xintong Wins World Snooker Championship Following Ban
Zhao Xintong won the World Snooker Championship, making a triumphant comeback to the sport following his 20-month-long ban and becoming the first Chinese world snooker champion. Zhao Xintong Wins World Snooker Championship Zhao triumphed over three-time champion Mark Williams in the final at the Crucible Theatre in Sheffield, England. The match was mostly one-sided, with Zhao racing […]
Legal
May 7, 2025
Woman Stole $60K from Fred Meyer to Fuel Gambling Habit
A former Fred Meyer employee from Oregon City has admitted to embezzling $60,000 over 2022 and 2023 from the company to support her gambling addiction. Oregonian Woman Found Guilty of Stealing Money to Fuel Gambling Habit Rainbow Melodi Stammet, 43, was found guilty on two counts of theft in Clackamas County on Tuesday. According to officials, […]
Industry
May 6, 2025
India Supreme Court Oversees Debate on 28% Tax on Online Gaming
India’s Supreme Court sees clashes between the government and online gaming companies on the topic of whether skill-based games could “become” games of chance when bets are placed on them. Here’s What Advocates and Opponents of the 28% Tax Say If this becomes the case, then these games will have to be subject to the Goods […]
Industry
May 6, 2025
Swedish Regulator Fines Kindred’s Spooniker $1M
Spooniker, a subsidiary of Kindred, has to pay SEK 10 million ($1 million) after the Swedish regulator Spelinspektionen found major gaps in the company’s security measures. Spelinspektionen Fines Spooniker The regulator identified deficiencies in Kindred’s Spooniker subsidiary related to its safeguards against terrorist financing and its anti-money laundering systems. In an official press release, Kindred […]
