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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 GamblingNews team as he adds a bedrock to our reporting.
Business
March 13, 2024
Betting Handle in Indiana Hits $409 Million for February
Despite the positive impact of the Super Bowl last month, sportsbooks in Indiana posted a month-over-month decrease in betting handle and revenue, data released by the gambling regulator in the state, the Indiana Gaming Commission (IGC) reveals. In February, the total reported handle by licensed sports betting operators in the state was $408.7 million. This […]
Industry
March 12, 2024
Michel Groothuizen to Assume the Role of KSA Chairman in July
In October, the Netherlands Gambling Authority, Kansspelautoriteit (KSA), announced it would search for a new chairman after René Jansen confirmed his plans to leave the organization. Several months have passed since then and the gambling regulator recently confirmed that it found a successor for the chairman role. The KSA revealed that it selected Michel Groothuizen, […]
Poker
March 12, 2024
Bill Proposes Pennsylvania to Join the MSIGA
Pennsylvania is one of the US states that offers a lot of different gambling options. Besides brick-and-mortar casino gambling, the state offers online gambling activities, including sports betting, online poker and online casinos. Moreover, visitors and residents of Pennsylvania can enjoy Video Game Terminals, making the state one of a handful with such robust gambling […]
Business
March 8, 2024
Veikkaus Posts 2023 Results in Line with Expectations
The Finnish state-owned and monopoly operator, Veikkaus, released its latest financial report, uncovering details regarding its performance throughout 2023. Overall, Veikkaus Group’s sales revenue last year halted at €1.03 billion ($1.13 billion). This result, compared to the 2022 figure, showed a slight 3.5% decrease year-over-year. On the other hand, profits for the fiscal year reported […]
Industry
March 7, 2024
UK Gambling Minister Participates in Gambling with Lives Parliamentary Forum
Last year, the UK government released a review of the Gambling Act 2005, the biggest reform of the country’s gambling regulations in nearly two decades. This strategic review ultimately seeks to ensure the establishment of effective regulations that combat gambling harm and prevent gambling addiction in a time when the popularity of online gambling continues […]
Industry
March 5, 2024
BCLC Warns the Public about Online Casino Scams
The Crown corporation tasked with conducting and managing gambling activities in British Columbia (BC), the British Columbia Lottery Corporation (BCLC), warned the public about an increasing number of online scams. On Monday, the BCLC released a statement, warning the public that fraudulent online operators present themselves as legitimate BC casinos in an effort to collect […]
Sports
March 4, 2024
Sportradar: Suspicious Matches in Asia and Europe on the Rise
The world’s leading sports technology company, Sportradar, announced the release of its latest annual integrity report. The new annual report was released by Sportradar’s integrity unit, Sportradar Integrity Services, revealing insights regarding suspicious betting on global sport. The report, “Betting Corruption and Match-fixing in 2023,” revealed that 70 sports were monitored throughout last year. A […]
Sports
March 4, 2024
West Virginia Seeks to Protect Sports Athletes from Harassment
The statewide expansion of sports betting allowed bettors across the country to gain access to a legal form of wagering on sports. While sports aficionados and gamblers alike enjoy a legal market, states that have legalized the activity benefit from tax revenue that helps fund different educational programs and statewide initiatives. Yet, amid the expansion, […]
Business
March 1, 2024
Codere Online Enjoys Exceptional Q4 and 2023 Results
The leading online gambling operator with a presence in Latin America and Spain, Codere Online, released its latest unaudited financial results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Thursday, the company confirmed that for the quarter ended December 31, 2023, its reported revenues of €50.1 million ($54.2 million). […]
Industry
February 28, 2024
New York Sen. Addabbo to Participate in Problem Gambling Online Debate
March is recognized as the Problem Gambling Awareness Month, a period when different initiatives across the United States will take place, raising awareness of gambling addiction and problem gambling. One such important initiative will be an online Zoom meeting sponsored by New York Sen. Joseph P. Addabbo. The upcoming meeting will see the Senator join […]