Stoyan Todorov's latest articles
Sports
January 14, 2025
Hong Kong Soccer Boss Mulls Legalizing Betting on Local Games
In an interview for the South China Morning Post, the Chairman of the Football Association of Hong Kong, China, Eric Fok has said that the special administrative region (SAR) can benefit from rolling out an expanded regulated gambling framework that will allow residents and visitors to place a bet on the outcome of local soccer […]
Sports
January 9, 2025
Minnesota Examines Evidence of Sports Gambling Social Harm
Minnesota is somewhat keen to join a list of 38 states and the District of Columbia to have legalized and (mostly) launched their sports gambling industries in earnest. However, Minnesotans are cautioned that they are likely to bear the brunt of sports gambling legalization, even if the state coffers secure an additional revenue stream. Evidence […]
Sports
January 3, 2025
Colorado Sports Betting on the Rise in November 2024
Colorado is seeing an increase in its monthly sports wagering results, with the state data-collector, the Department of Revenue, reporting that a total of $647,951,807 worth of wagers was handled in November. This has been the highest recorded month of sports betting handle, with the only exception of December 2023, when the state saw its […]
Casino
January 3, 2025
Florida Police Busts Another Illegal Gambling Operation
Florida has continued to crack down on illegal gambling, and although authorities have been vigilant, sprawling operations have continued to abound. One such illegal gambling ring was busted by a police officer recently just outside Orlando. Illegal Gambling Crackdowns Continue in Florida Officers descended on the location under the Lake County Sheriff’s Office operation that […]
Industry
January 2, 2025
North Carolina Court of Appeals Rules Against Skill Game Manufacturer
North Carolina is one of many states to have raised issues with sweepstakes and skill-based games, with the state’s Court of Appeals voting on Tuesday, December 31, in favor of closing down venues that operate sweepstakes kiosks in Robeson County specifically and affecting No Limit Games, a manufacturer. North Carolina’s Court Finds Skill-slash-Sweepstake Games to […]
Casino
January 2, 2025
Philippine Tech Firm Becomes Latest to Secure Brazilian iGaming License
DigiPlus Interactive Corp, a Philippine-based game technology firm, has become the latest to obtain an iGaming license to operate in Brazil. DigiPlus has been granted the go-ahead to offer both sports betting and online casino games in the country, making it the latest operator that can soon unfold its offer in the vibrant and somewhat […]
Casino
December 31, 2024
Paraguay Votes to End Gambling Monopoly, Liberalize Market
Following several heavy weeks of debate, Paraguay has finally passed Law No. 1016/1997 which is overhauling the gambling industry’s existing regulatory framework and opening up the market for private licensee holders which should help boost tax revenue. Senate and House Back Gambling Regulation in Paraguay The law passed through the Senate on Thursday, December 19, […]
Lottery
December 30, 2024
NY Police Warns of Scams Amid Surge in Lottery Fever
The New York Police Department (NYPD) used the recent build-up in enthusiasm surrounding the $1.27 billion Mega Millions jackpot which dropped last Friday to warn consumers about bad actors who have been taking advantage of lottery hopefuls in the state. In an official statement shared on the social media website X (previously Twitter), the NYPD […]
Lottery
December 5, 2024
2024 Gift Responsibly Campaign Sets Out to Protect Youths from Gambling Risks
The 2024 Gift Responsibly Campaign is a public awareness initiative launched by the National Council on Problem Gambling and backed by multiple state lotteries, private companies, and individuals, which aims at raising awareness about the harm that can be inadvertently inflicted on youths who receive lottery tickets as a gift. NCPG’s Campaign Seeks to Stop […]
Casino
December 5, 2024
Dutch Gaming Company to Shut Down 23 Venues over Tax Hike
JVH Gaming & Entertainment has confirmed the move cited by NL Times. The company said that because of the anticipated tax increase, at least 30% of the company’s branches are not feasible options for the business moving forward. Large Dutch Casino Operator Shutters Physical Locations En Masse JVH Gaming & Entertainment is planning to shut […]
