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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.
Industry
July 29, 2025
VGW to End Sweepstakes Model in Mississippi and New Jersey
The Australia-based sweepstakes operator Virtual Gaming Worlds (VGW) announced that its brands Chumba Casino, Luckyland Slots, and Global Poker will eliminate their dual currency system in Mississippi and New Jersey. This means that the company will effectively transition the business to operate more like a traditional social casino. VGW Is Phasing Out Sweepstakes Coins in […]
Casino
July 29, 2025
Power Outage at The Venetian Starts Rumors of Cyberattack
After The Venetian Resort in Las Vegas suffered a huge power outage during the weekend, many visitors started claiming this could be a cyberattack. However, the casino later denied this to be the case. Power Outage Disrupts Vacationers at The Venetian Although the outage was brief, it happened during peak hours and caused frustration among […]
Legal
July 29, 2025
NBA Veteran Marcus Morris Arrested on Casino Fraud Charge at Florida Airport
NBA veteran Marcus Morris, 35, was arrested Sunday on a fraud charge, according to Broward County booking records. The arrest reportedly took place at an airport and was related to an “insufficient funds check,” as stated in the arrest details. Morris’ agent, Yony Noy, stated that the former NBA star was taken into custody due […]
Casino
July 28, 2025
Delaware Nation Sues Hinton Over Treats to Cut Services to Casino
In its lawsuit, the Delaware Nation claims that the city’s threat to cut off utility services to its casino over a tax dispute violates tribal sovereignty and contradicts previous agreements from 2012 and 2018. Delaware Nation Files Lawsuit Against Hinton Casino Oklahoma, operated by the tribe’s business entity Lenape Oklahoma LLC, is located on federal […]
Casino
July 28, 2025
Lexi Hotel Near the Las Vegas Strip Is Struggling to Pay Its Bills
Clark County records show that since 2024, multiple liens have been filed against Lexi, citing unpaid water and garbage bills, contractor fees, and room taxes. Lexi Hotel Is $11.6 Million in Debt The largest claim so far was a notice of default filed in April, alleging that $11.6 million was owed on a property loan, […]
Sports
July 28, 2025
Betsperts Golf Acquires Fantasy National in Strategic Expansion
Top provider of analytics and insights for golf bettors and fantasy enthusiasts Betsperts Golf has announced last week that it is acquiring Fantasy National Golf Club (FNGC). Betsperts Golf Buys Fantasy National Golf Club The deal came together after FNGC founder Pat Mayo, a prominent sports podcast host, reacquired the golf wagering platform and chose […]
Casino
July 25, 2025
Boyd Gaming to Create New Par-A-Dice Casino in Peoria, Illinois
Boyd Gaming CEO Keith Smith announced this week that the company is in the final stages of designing and securing regulatory approval for a “modern, new entertainment facility” that will replace the Par-A-Dice Riverboat Casino in East Peoria. Boyd Gaming Announces New Casino Plans Smith did not share specific details about the project during the […]
Industry
July 25, 2025
Drive by DraftKings to Invest More in Real-Money Gaming
Venture capital firm Drive by DraftKings has announced its intention to intensify its focus on real-money gaming (RMG) with the launch of its second fund, highlighting the sector’s rapid growth and its transformative impact on user engagement with entertainment. Drive by DraftKings to Double Down on the Evolving RMG Market Drive’s confidence comes at a […]
Industry
July 24, 2025
Brazil: Finance Minister Speaks Out Against Online Gambling
In a recent interview, Brazil’s Finance Minister Fernando Haddad issued one of his strongest public critiques of the nation’s nascent online betting industry, stating that if it were up to him, he would ban it. Finance Minister Criticizes Online Betting Haddad highlighted what he described as a public health problem, citing the high prevalence of […]
Industry
July 23, 2025
New Study Highlights Rising Number of Problem Gamblers in Botswana
Botswana’s Gambling Authority has published the findings of its National Study on Excessive and Problem Gambling Prevalence, highlighting that individuals aged 21 to 35 are the most vulnerable to problem gambling. Report Finds Concerning Trends in Botswana Gambling Scene The report, commissioned by the Ministry of Trade and Entrepreneurship, was officially released on July 18, […]
