Stefan Velikov's latest articles
Stefan Velikov
WriterStefan covers the sweepstakes industry and reports on the rapid, global expansion of iGaming brands. Leveraging a background in digital marketing, he investigates how social casinos navigate complex gray markets and drive user acquisition. His coverage provides operators with crucial insights into the regulatory nuances fueling the explosive growth of alternative online gaming platforms.
Industry
January 16, 2025
VicBet Breaches Customer Care Regulations, Receives AU$130,000 Fine
Australian online bookmaker VicBet has received a $130,000 fine from the VGCCC due to the former breaching customer care rules on two occasions. VicBet Fined AU$130,000 Earlier this week, the Victorian Gambling and Casino Control Commission (VGCCC) announced that it had fined VicBet AU$130,000, which equates to around $83,000. The reason for the fine is […]
Business
January 14, 2025
BetMGM & Entain Reaffirm 2024 Guidance amid Mixed Results
Entain plc and its subsidiary BetMGM have reaffirmed their 2024 EBITDA guidance ahead of their financial results report. This follows a recent Entain stock drop of nearly 10% due to market volatility. BetMGM and Entain Reveal Guidance for 2025 One of the world’s largest sports betting and gaming groups, Entain plc, as well as daughter […]
Blockchain
January 13, 2025
Singapore Claims Polymarket Is Illegal, Blocks Access to the Platform
Singapore’s Gambling Regulatory Authority has forced the country’s ISPs to block Polymarket over unlicensed gambling concerns. Polymarket is a decentralized prediction market platform, and although it claims to be different from traditional gambling, it has ruffled regulatory feathers in the city-state, prompting a crackdown. Singapore’s GRA Blocks Polymarket On January 12, users in Singapore who […]
Casino
January 11, 2025
Crown Resorts Sells Prestigious London Casino to Wynn Resorts
Wynn Resorts expands into the European market by purchasing Crown London Casino for an undisclosed amount of money. Wynn Resorts and Crown Resorts Announce Deal In a statement issued on January 10, Wynn Resorts announced the purchase of Crown London casino. According to the release, the deal for the small, members-only casino in the heart […]
Business
January 9, 2025
Hard Rock and Seminole Gaming Double Efforts to Combat Human Trafficking
With a series of new and ongoing initiatives, Hard Rock International and Seminole Gaming intend to raise more awareness about the issue of human trafficking. Hard Rock & Seminole Gaming Reaffirm Commitment to Combat the Issue Hard Rock International and Seminole Gaming recently announced they will continue the fight against human trafficking using expanded prevention […]
Business
January 8, 2025
Paradise Entertainment and Tangiamo Sign Strategic Deal
Paradise Entertainment Limited and Tangiamo Touch Technology enter a new partnership that will see both expand their reach in the Asian and European markets. The Two Companies Pursue Growth in Europe and Asia Paradise Entertainment Limited is a company working on the development, sale, and leasing of electronic gaming equipment and systems. It also provides various […]
Industry
January 7, 2025
Kansas Courts Won’t Say If Dragon’s Ascent Is a Game of Skill or Luck
Pace-O-Matic, owner and distributor of Dragon’s Ascent, has issues making Kansas authorities give a definitive statement if the game is skill or luck-based. Pace-O-Matic Seeks Clarification for the Legal Status of Dragon’s Ascent Georgia-based company Pace-O-Matic (POM) distributes Dragon’s Ascent, a shooting game widely available in Kansas truck stops and convenience stores. The game’s goal […]
Casino
January 7, 2025
Japan Alarmed over Rise in Gambling Addiction Fueled by Online Casinos
According to a report by The Japan Times, online gambling addiction in Japan has become a serious problem, particularly in the fallout of the COVID-19 pandemic of 2020. The Society Concerned about Gambling Addiction, a public interest organization based in Tokyo, has reported an 11-fold increase in consultation requests received in 2024. Japanese Organization Reports […]
