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
November 28, 2025
Betr Officials Praise the Company’s 2025 Progress and Outline 2026’s Goals
In a recent shareholder address, Betr executive chairman Matthew Tripp explained that the company saw rapid growth and financial improvement in 2025 – all things that Betr puts on top of its priority list for the upcoming 2026 financial year. Executive director Andrew Menz echoed those words, adding that 2025 was a transformative year for […]
Business
November 28, 2025
China Construction America and BML Settle over $1.6B Baha Mar Construction
China Construction America, Inc. (CCA), serving as the general contractor for the Bahamas’ Baha Mar casino resort, have stated that they reached a “comprehensive agreement” with the project’s original owner, BML Properties Ltd., resolving a $1.6 billion legal dispute without acknowledging any wrongdoing. CCA and BML Properties Reach an Agreement The deal follows a New […]
Industry
November 28, 2025
MGA Warns Two Gambling Websites Are Illegally Claiming a Maltese License
The Malta Gaming Authority (MGA) issued a public warning after discovering that two gambling sites, lavbet321.com and kasinoseta.com, were wrongly claiming to be licensed in Malta. The Authority stated that claims implying these platforms are approved to operate in Malta are untrue, and warned that unlicensed websites present significant risks to consumers who use them […]
Industry
November 26, 2025
Turkish Soccer Club Left Without Players Following Mass Gambling Scandal
Ağrı Spor, a soccer club competing in Turkey’s fourth division, announced on Monday that it no longer has a team after 17 of its players were suspended amid an investigation into a large-scale betting scandal. Ağrı Spor Is Left Without Players The news comes a few weeks after Turkish authorities arrested eight soccer professionals, including a […]
Industry
November 26, 2025
Spain Fines 32 Gaming Operators for Various Violations
Spain’s Ministry of Social Rights, Consumer Affairs, and Agenda 2030 has imposed fines totaling over EUR 33 million (approximately $38 million) on 32 gambling operators. This also includes very serious penalties against six foreign companies that were operating without a license in the country. Spanish Regulator Announces Dozens of Hefty Fines According to the Directorate […]
Casino
November 26, 2025
Rivers Casino Pittsburgh Valued Near $1B in Major Recapitalization
Rivers Casino Pittsburgh has been valued at nearly $1 billion amid a recapitalization of the land-based casino and hotel situated along the Ohio River by Chicago-based Rush Street Gaming. Rivers Casino Pittsburgh Revalued at almost $1B The deal results in Rivers Enterprise Borrower, LLC (an affiliate of Rush) becoming the sole owner of the property. […]
Industry
November 25, 2025
Prediction Markets Talks Take Center Stage at Truist GLL Summit
Truist held its 13th annual GLL Summit in Boston last week, which saw ten gaming companies attend to discuss various topics about the gambling scene, with prediction markets taking center stage. DraftKings Spearheads Discussion at Truist GLL Summit DraftKings was one of the most highly talked about companies, as it is expected to launch its prediction-market product […]
Industry
November 25, 2025
Australia Would Ban Gambling Ads After Cross-Party Vote, MP Says
Australian Labor MP Dr Mike Freelander argues that a ban on gambling advertising would pass if parliament were given a conscience vote, presenting the matter as a public health issue. His view is shared by Liberal MP Simon Kennedy and independent MP Kate Chaney, co-chairs of the newly revived Parliamentary Friends of Gambling Harm Minimization […]
Industry
November 24, 2025
Over 20 UK Prize Draw Operators Sign New Code of Conduct
Over 20 major prize draw operators in the United Kingdom, including rising stars like Omaze, Best of the Best, and Raffle House, have committed to a voluntary code of conduct led by the Department for Culture, Media and Sport (DCMS), designed to enhance transparency and safeguard participants. DCMS Issues New Code of Conduct for Operators […]
Casino
November 24, 2025
Netherlands Land-Based Casinos Continue to Struggle, KSA Data Shows
According to the Netherlands Gambling Authority’s (KSA) latest annual Market Scan, GGR from land-based casinos fell by EUR 61 million (about $70.6 million), showing that the country’s land-based gambling operators are again coming under renewed pressure. Regulator Shows Financial Decline in the Netherlands’ Land-Based Sector The decline persists even though the broader market has stabilised, […]
