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Velimir Velichkov's latest articles
Velimir Velichkov
Co-editorWilliam Velichkov is a research-driven writer. His strengths lie in ensuring factual accuracy, vetting government documentation and reaching out to regulators and other officials. He is particularly fond of financial reporting, the sports betting industry, B2B partnerships and esports betting developments. William is a strong asset to the Gambling News team as he adds a bedrock to our reporting.
Industry
October 10, 2024
Massachusetts Sets Aside $3.1M to Combat Youth Gambling
Sports betting continues to expand across the United States, reaching new customers in 38 states and Washington DC. However, the benefits of that expansion such as tax revenue and sponsorship opportunities for sports leagues cannot overshadow the concerns of excessive gambling. More Money for Youth Problem Gambling Prevention This week, the Department of Public Health […]
Industry
October 9, 2024
Inaugural SPGA Briefing Shares Insights Regarding Social Sweepstakes Games
Early last month, eleven sweepstakes operators joined forces to form a new body that will focus on promoting responsible sweepstakes gaming, communicating with stakeholders and advocating for responsible operation of social and promotional games called the Social and Promotional Gaming Association (SPGA). Millions of Americans Enjoy Sweepstakes On Wednesday, the newly formed association held its […]
Lottery
October 8, 2024
Mega Millions Promises Bigger Jackpots, Confirms Tickets Price Increase
An extensive overhaul will make the popular lottery game played in 45 states, as well as Washington DC and the US Virgin Islands, Mega Millions, even more exciting. Mega Millions confirmed that the ticket price will increase in April 2025. However, in addition to the price increase, the game will bring much more benefits and […]
Industry
October 7, 2024
Bronx Man Goes to Prison After Shooting Two over Pool Gambling Loss
A young man who lost money gambling on a pool game and shot two people was sentenced to nearly two decades in prison. The incident dates back to December 2022 when two people were shot at a pool hall at Port Jefferson in New York. Violent Criminals Will Be Held Accountable for Their Actions An […]
Industry
October 7, 2024
UAE Awards First Commercial Gaming License to Wynn Resorts
In 2023, Wynn Resorts, the leading gaming, hospitality and entertainment operator, began the construction of its ambitious project in the United Arab Emirates (UAE), Wynn Al Marjan. Now, the company reached a major milestone after securing the first commercial gaming license in the jurisdiction. Wynn Received the License After Extensive Review The license was awarded […]
Sports
October 1, 2024
Legendary Baseball Star Pete Rose Passes Away at 83
Undoubtedly, baseball fans have heard the name of Pete Rose, the legendary Cincinnati Reds player who was also popular with his nickname, “Charlie Hustle.” The iconic baseball star who had his career tarnished over gambling on the game he loved, has made his way into the hearts of many fans across the country. On Monday […]
Industry
September 24, 2024
West Texas A&M University Blocks Access to Online Gambling
West Texas A&M University, the University that has been part of the Texas A&M University system since 1990 and is located in Canyon, Texas, announced it has completely blocked access to any online gambling websites. Ban on Online Gambling Access via WT-Owned Networks and Devices A confirmation about the complete block on online gambling emerged […]
Casino
September 17, 2024
Dana White Admits to Winning $26M-$27M at Caesars Palace
Dana White, the Ultimate Fighting Championship’s (UFC) CEO, spoke about the risks associated with gambling, winning big and his experience in one of the most recognizable casino resorts in Las Vegas. The exec recently participated in an episode of the Full Send Podcast, telling interesting stories about his high-stakes bets at Caesars Palace on the […]
Industry
September 16, 2024
Australia’s Annual Losses to Gambling Grow, Hit AU$32bn
Despite concerns about the detrimental impact of gambling activities on people across Australia, significant changes to the sector are still being discussed. Last year, a report into the country’s gambling sector made nearly three dozen recommendations that can help reduce problem gambling and harm, while decreasing the billions of Australian dollars lost to gambling every […]
Industry
September 13, 2024
Alabama: Bill Seeks to Increase Penalties for Illegal Gambling
Illegal gambling remains an issue in many states across the US, despite the efforts of lawmakers and law enforcement. While the expansion of betting brought the industry into the light and undoubtedly reduced the share of the black market and offshore bookmakers, this is not the case for other gambling activities. Alabama is one state […]
