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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.
Poker
April 30, 2025
Toronto WSOP Circuit Event Gives Out Over $7.5M
The World Series of Poker made its return to Toronto for the second edition of the WSOP Circuit festival, building on the success of its inaugural event held in the spring of 2024. Event Awards Millions of Dollars The Toronto WSOP Circuit Event ran from April 10 to 22 and saw more than 8,200 entries across […]
Lottery
April 30, 2025
$349M Mega Millions Jackpot Winner Steps Forward to Claim Prize
It’s been a month since the Mega Millions jackpot fell, and now the group of winners, who still remain anonymous, has come forward to claim the prize. Winners Come Forward The $349 million Mega Millions jackpot landed on March 25 after a group of lucky players guessed the winning combination. Early Wednesday morning, the Illinois […]
Industry
April 30, 2025
Kindbridge Launches National Program for Financial Stability and Responsible Gambling
This week, the Kindbridge Research Institute (KRI) launched the Financial Stability and Responsible Gambling Initiative, which aims to address gambling-related financial harm as both a public health concern and a threat to financial stability. Kindbridge Research Institute Unveils New Program Daniel Umfleet, director of Kindbridge Research Institute’s Financial Stability and Responsible Gambling Initiative, said that […]
Business
April 29, 2025
Betsson Records Double-Digit Q1 Growth Thanks to LatAm Revenue
Betsson posted an 18.3% year-on-year rise in group revenue for Q1, driven by a record-high level of customer deposits during the quarter. Betsson Records Sizable Growth in Q1 of 2025 For the first quarter of the year, revenue reached $334.7 million, significantly up from $282.8 million in the same period last year, though 4.3% lower […]
Industry
April 29, 2025
DGA Unveils New Ad to Raise Awareness of Unlicensed Gambling
The Danish Gambling Authority (DGA/Spillemyndigheden) revealed a new advert from its “Play it Cool” campaign, which aims to increase awareness of gambling-related harm and the use of the regulated market. Danish Gambling Authority Reveals New Add The campaign aims to raise awareness of the Danish Gambling Authority’s round license mark and encourage more people to […]
Industry
April 29, 2025
Jim Ananich Becomes New Chair of Michigan Gaming Control Board
Michigan Gaming Control Board executive director Henry Williams revealed that the state’s governor has appointed Jim Ananich as the new chair of the regulator. Governor Appoints New Michigan Gaming Control Board Chair Ananich’s tenure is effective from April 25, 2025, and he is replacing Linda Forte, whose term has expired. Ananich will serve a term […]
Lottery
April 28, 2025
Kentuckian Wins $167.3M Powerball Jackpot
One lucky player from Kentucky won the $167.3 million Powerball jackpot on Saturday’s draw, marking the fourth time in 16 years someone has managed to guess all six numbers. Kentucky Powerball Jackpot Lands Last week, the lottery marked its birthday, celebrating its 33rd birthday on Tuesday, April 22. It seems quite fitting that one lucky player scored […]
Business
April 28, 2025
Vivo Investment Partners Unveils Big Plans for Atlantic City’s Casino District
A New York-based firm called Vivo Investment Partners said it wants to create a series of venues surrounding Atlantic City’s casinos and also invest heavily in esports. Vivo Investment Partners Reveals Plans While centered around the coastal city’s gambling center, the new project won’t be directly involved in gambling, but will focus more on creating […]
Industry
April 28, 2025
Illinois Moves to Ban Credit Card Use for Sports Betting
The Illinois Gaming Board (IGB) has approved proposed regulations that would ban the use of credit cards to fund sports betting accounts in Illinois, as part of efforts to enhance responsible gambling practices. Illinois Gaming Board Advances New Rules According to IGB Administrator Marcus D. Fruchter, the Board determined that prohibiting the use of credit […]
Casino
April 25, 2025
Pennsylvania Bans 4 Parents from Gambling For Leaving Kids Unattended
Currently, Pennsylvania blocks 1379 people from gambling within the state, and among the most recently blocked individuals are four parents who left their children unattended while gambling. Pennsylvania Bans Several Parents The Pennsylvania Gaming Control Board took action to place 17 individuals on its various Involuntary Exclusion Lists. From these, the four parents who left […]
