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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.
Legal
June 18, 2025
Macau Police Arrest Suspect for Alleged Chip-For-Cash Exchange
A man from mainland China has been arrested by Macau police after being caught allegedly conducting an unauthorized cash-for-casino-chips exchange near a hotel in the city’s NAPE district. Macau Police Arrest Man Over Alleged Illegal Casino Chip Exchange Authorities stated that the suspect, an unemployed man in his thirties from mainland China, admitted to carrying […]
Legal
June 17, 2025
Jumbo Technology Sues Evolution Over Alleged Patent Infringement
Taiwanese gaming equipment manufacturer Jumbo Technology has initiated a patent infringement lawsuit against Evolution, claiming the latter’s Lightning series infringes on a patented dynamic odds game mechanic. Jumbo Technology Files Lawsuit Against Evolution In a complaint filed in the US District Court for the District of Delaware on May 29, Jumbo Technology Evolution willfully infringed […]
Legal
June 17, 2025
Gambling Syndicates in Malaysia Exploit Foreign Identities to Evade Detection
According to the Royal Malaysia Police, online gambling syndicates in Malaysia are exploiting foreign identities to register SIM cards, enabling them to remain anonymous and avoid detection. Authorities Warn of Malaysian Gambling Syndicates Misusing SIM Cards Inspector-General of Police Tan Sri Razarudin Husain revealed that gambling syndicates are purchasing personal information from foreigners to register […]
Business
June 17, 2025
Hacksaw Promises to Raise $378M Through the Sale of Over 50 Million Shares
Popular iGaming supplier Hacksaw AB announced in its initial public offering (IPO) prospectus that its shareholders plan to raise up to €351.1 million (approximately $378 million) by offering up to 50 million shares, each priced at SEK77 (about $7.55). Hacksaw AB Moves Closer to IPO with Prospectus Release According to Hacksaw group CEO Christoffer Källberg, […]
Industry
June 16, 2025
CFG Study Raises Concerns about US Offshore Gambling
The Campaign for Fairer Gambling (CFG) has published a new report made with the help of market intelligence platform Yield Sec. The report highlights a surge in consumer losses in states that legalize online gambling without adequately addressing the unlicensed market. Campaign for Fairer Gambling Shares Concerning Findings According to the report, consumer harm increases […]
Sports
June 16, 2025
F1 Reaffirms Las Vegas Grand Prix Will Be Held for 2 More Years and Beyond
The Las Vegas Grand Prix and Formula 1 have officially confirmed an agreement to continue the racethrough 2027, following the success of last year’s event. In addition, both parties have expressed astrong desire to extend the partnership well beyond the end of the decade. Las Vegas and F1 Reaffirm Decision for Grand Prix Clark County […]
Industry
June 16, 2025
Nevada Regulator Voids Two Bettors’ $80K in Golf Bets Over Sportsbook Odds Error
Bret Tison and Melvin Fowler each wagered $200 on Spanish golfer Joel Moscatel Nachshon to win the opening round of the 2023 Fortinet Australian PGA Championship, held at the Royal Queensland Golf Club in Australia. However, both were left in disbelief on Wednesday after the Nevada Gaming Control Board voted to reverse their winnings. Nevada […]
Industry
June 13, 2025
May Sports Betting in Tennessee Up 15.4% Year-Over-Year
Tennessee’s gross sports betting handle totaled $437.5 million in May, marking a year-over-year increase but showing a decline compared to April 2025. Tennessee Sports Betting Handle Hits $437.5M in May The May total of $437.5 million represented a 15.4% increase over the $379.2 million recorded in the same month last year. However, it was 5.6% […]
Legal
June 13, 2025
Gibraltar Court Rejects Appeals by Former Mansion CEO Karel Mañasco
After sentencing former Mansion CEO Karel Mañasco to prison, the Gibraltar Court of Appeal has rejected multiple applications filed by the defendant in a prominent civil case concerning the alleged misappropriation of company funds. Gibraltar Court Rejects Mañasco’s Appeal Mañasco previously served as CEO and CFO of Mansion, the Gibraltar-based iGaming operator. However, the company […]
Legal
June 13, 2025
Hazleton Gambler Found Guilty of Murdering Convenience Store Clerk
Jafet De Jesus Rodriguez, а 44-year-old, was found guilty on Thursday of murdering Ashokkumar Patel at Craig’s Food Mart in Hazleton, Pennsylvania, before stealing $14,000 from the store and leaving Patel to die. Gambler Found Guilty of Murder and Robbery Rodriguez was accused of robbing and killing 50-year-old clerk Ashokkumar Patel during a holdup at […]
