Stoyan Todorov's latest articles
Industry
March 3, 2025
Prediction Markets Ask You to Bet on the Pope’s Health and Successor
Prediction markets came with a promise to make it fun to place a bet on the outcome of certain events that lay outside the purview of most legalized sportsbooks in the United States – politics comes to mind. Betting on Pope’s Health Raises Objections, Generates Money Kalshi launched its offer just in time for the […]
Lottery
March 3, 2025
DraftKings to Suffer Only Mildly in Texas over Jackpocket
According to a recent Eilers & Krejcik Gaming report, Texas could have represented $57 million or 25% of the total US lottery courier revenue in 2025, but this is no longer viable following a brief legislative flare-up in the Lone Star State, which saw the prohibition of such apps. Jackpocket Quick to Celebrate Unsuspecting of […]
Industry
February 25, 2025
Donald Trump Curbs Investment from Macau, Names It Hostile Foreign Adversary
That China and the United States have not seen eye-to-eye on anything from freedom of speech to economic priorities should not surprise anyone. Yet, President Donald Trump signed a memorandum on Friday that directed the Committee on Foreign Investment in the United States or CFIUS, as the body is known more snappily, to impose investment […]
Casino
February 25, 2025
Popular Support Favors Ban of Smoking at Rhode Island Casinos
The year 2025 is expected to be one of the best ones for anti-smoking advocates. With a public exemption to smoke on casino floors, even though 85% of patrons are non-smokers, increasingly under attack in Rhode Island, as well as Pennsylvania, New Jersey and elsewhere, and casinos opting into non-smoking options voluntarily, the end of […]
Casino
January 27, 2025
Thailand Picks Potential Location for Would-Be Casino Resort
Nothing is certain about the future of a new piece of legislation that seeks to expand gambling to online casinos and invite Las Vegas-style casino resorts in Thailand. Although the seminal draft law is currently under review with the Council of State, there seems to be enough political goodwill to make a casino resort happen […]
Casino
January 27, 2025
Public Backlash Grows as Thailand Edges Closer to Casino Legalization
The arrival of Vegas-style casino resorts in Thailand is expected before long, as final touches are applied and due process is followed. Yet, while the government is working around the clock to pave the way for casino legalization, popular opposition has been mounting in the Southeast Asian nation. Popular Opposition Against Gambling Legalization According to […]
Industry
January 22, 2025
Thailand Watchdog Has 50 Days to Decide on Passage of Casino Resort Bill
According to local media reports citing people close to the matter, the future of the Entertainment Complex Bill, a draft piece of legislation that was approved in principle on January 13, is now going to be further debated by the Council of State. Thai Legal Watchdog Will Debate Casino Resorts for 50 Days The Council […]
Industry
January 22, 2025
Florida Police Busts Large Illegal Gambling and Money Laundering Ring
The Palms Beach County Sherrif’s Office has been busy with the state of Florida conducting a number of high-profile operations against illegal gambling rings and money-laundering networks. Florida’s Police on the Trail of Illegal Gambling Businesses According to an official police statement, multiple arrests were conducted with suspects and people involved in the organizations now […]
Sports
January 14, 2025
FanDuel Donates $250K to Help with LA Wildfire Relief Efforts
FanDuel has donated $250,000 to the ongoing relief efforts resulting from the ravaging wildfires in Los Angeles that have continued ablaze over the past two weeks. Originally, the fire started on January 2 and has so far burnt through more than 17,000 acres displacing more than 100,000 people and leaving at least 24 dead. An […]
Sports
January 14, 2025
ESPN Bet Readies to Launch Online in Washington, DC
PENN Entertainment and ESPN Bet have much to celebrate together, as the sportsbook will now be available in Washington, DC. The sportsbook has not yet launched, but it has become one of the six approved companies to offer their betting products locally. PENN Pushes into Washington, DC with ESPN Bet Brand To achieve this, PENN […]
