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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.
Industry
May 22, 2023
iDEA Unveils iGaming and Online Betting Responsible Advertising Code
The leading nonprofit trade association representing online gaming and sports betting companies within the growing regulated gambling market in the United States, iDEA Growth (iDevelopment and Economic Association), has announced the adoption of a new responsible advertising code for sports betting and online gambling. The Association acknowledged the impact and importance of gambling advertising within […]
Business
May 22, 2023
Paf to Acquire 888’s Latvian-Facing Businesses in a $31M Deal
The leading betting and gaming company that is globally recognized with its brands that include Mr Green, William Hill and 888, 888 Holdings Plc, announced it has come to an agreement to sell its Latvian-facing business. In a deal for some €28.3 million ($30.6 million), the company agreed to sell its Latvian business to Paf […]
Industry
May 19, 2023
New Regulations in NSW to Ban External Gambling Signs
After the recent elections in NSW, the Government is taking action against the promotion and advertising of gambling in an effort to reduce problem gambling. On Friday, the NSW Minister for Gaming and Racing confirmed new restrictions for external signage promoting gambling. The change marks another effort in protecting customers from excessive gambling and it […]
Casino
May 18, 2023
Caesars Entertainment Celebrates Opening of Danville Casino
The leading gambling and entertainment company, Caesars Entertainment, has announced the opening of Danville Casino. The company revealed that the ribbon-cutting ceremony for the temporary facility, which will be the future home of Caesars in Danville, was attended by hundreds of guests. In addition to representatives of the casino’s venture partner, the Eastern Band of […]
Business
May 18, 2023
Pennsylvania Gambling Revenue Up Slightly in April
The Pennsylvania Gaming Control Board (PGCB), the gambling regulator in the state, released its latest report, outlining the performance of licensed gambling operators for April. Judging by the latest figures, the total revenue generated from all forms of gambling, including fantasy contests last month hit $476,723,131. This result, marked a slight 3.27% increase when compared […]
Business
May 18, 2023
Kindred Names Andén Interim CEO While Tjärnström Steps Down
The online gambling operator consisting of nine brands, Kindred Group, announced a change within its senior-level team. The company unveiled Wednesday that its CEO, Henrik Tjärnström, resigned from his role. The change, Kindred said, is with immediate effect. Replacing Tjärnström, the company appointed Nils Andén to the role of interim CEO. That appointment is with […]
Business
May 17, 2023
Catena Enjoys Strong First Quarter but Revenue Dips Slightly
Catena Media released its latest report, revealing data regarding the company’s financial performance between January and March this year. In Q1, 2023, the company reported total revenue of €35 million ($37.9 million). This result, when compared to the €36.9 million ($40 million) result from the corresponding period in 2022, marked a decrease of 5%. Adjusted […]
Business
May 17, 2023
Patrick Southon and Simon Collins Join Jogo Global
The fast-growing gaming content and platform provider and developer, Jogo Global, strengthened its C-suite by announcing two strategic hires. The company confirmed on Wednesday it hired gambling industry veterans, Patrick Southon and Simon Collins. Joining Jogo Global, Southon was appointed to the role of non-executive director. On the other hand, Collins joined the company as […]
Legal
May 17, 2023
Hyatt Hotels in Texas Hit with Lawsuit from Attorney General Paxton
Hyatt Hotels Corporation, one of the largest hotel chains related to Tribal, as well as commercial gambling operators around the United States, is the target of a new lawsuit filed in Texas by Attorney General Ken Paxton. The lawsuit alleges that Hyatt, which outside Texas operates hotels around the world, breached consumer protection laws in […]
Slots
May 16, 2023
Yggdrasil’s Barbarossa DoubleMax Offers a Pirate’s Adventure
The leading publisher of innovative online gambling games, Yggdrasil, announced the release of a new slot game introduced in collaboration with Peter & Sons, the unique game development studio. The new slot game called Barbarossa DoubleMax, takes the players on a pirate’s adventure at sea. The game offers quality graphics and uses symbols that include […]
