Deyan Dimitrov's latest articles
Deyan Dimitrov
AuthorDeyan is an experienced writer, analyst, and seeker of forbidden lore. He has approximate knowledge about many things, which he is always willing to apply when researching and preparing his articles. With a degree in Copy-editing and Proofreading, Deyan is able to ensure that his work writing for GamblingNews is always up to scratch.
Legal
August 9, 2022
PredictIt Loses USA License, Closes Shop in February
The US Commodity Futures Trading Commission (CFTC) announced on 4 August that PredictIt, the website offering wagers on the outcome of political events, would no longer be able to operate in the country. The platform must completely withdraw from the USA by February 2023. PredictIt Started as a University Research Project The CFTC did not […]
Industry
August 8, 2022
Canadian Organizations Rally Against Illegal Gambling
Illegal sports betting is on the rise in Canada. Last summer, the country updated its federal law on gambling and legalized single-event sports betting. The new law allowed provincial governments to regulate sports betting as they saw fit within their jurisdictions. Ontario embraced the opportunity and began offering commercial licenses to operators. However, other provinces […]
Business
August 8, 2022
DraftKings’ Q2 revenue rises 57% compared to 2021
Gambling giant DraftKings released the official report on its second-quarter earnings. The company’s revenue and EBITDA exceeded expectations, improving its overall financial forecast for the remainder of the year. DraftKings stocks reacted positively to the news and jumped by nearly 10%. Earnings Exceeded Previous Estimates The gaming operator recorded revenue of $466 million for the […]
Casino
August 5, 2022
Shoalwater Bay Tribe Challenges Maverick Gaming’s Washington Lawsuit
The Shoalwater Bay Indian Tribe appealed to the Washington federal court regarding operator Maverick Gaming’s push to allow sports betting outside tribal venues. Tribe representatives declared that Maverick’s lawsuit directly attacked the tribes and urged the court to dismiss it. Maverick Seeks to Match Tribal Venues The catalyst for this dispute was a legal challenge […]
Industry
August 4, 2022
Kindred Group GM Neil Banbury Discusses UK Football Shirt Sponsorships
Neil Banbury, general manager at online gaming operator Kindred Group, shared his insight on how gambling advertisements on football player shirts related to other industry misconceptions. The proposition to ban shirt sponsorships is a hotly contested part of the UK’s upcoming gambling reform. The most recent consensus is for Premier League clubs to preemptively accept […]
Industry
August 4, 2022
GamCare to Fight Gambling Harm in UK Criminal Justice System
Interventions Alliance, an organization focused on offering support, advice, and guidance to people in the criminal justice system, announced its newest partnership with gambling-focused UK charity GamCare. The two groups will help reduce gambling-related harm among UK’s prison populations. The New Initiative Will Provide CBT Courses for Prisoners A recent post on the Interventions Alliance […]
Business
August 4, 2022
Playmaker Acquires Mexican Sports Media Publisher JuanFutbol
Playmaker Capital announced that it had acquired 100% of media company Underdog’s digital assets, including JuanFutbol. With this deal, the digital sports media giant aims to develop the brand in Latin America and the US Hispanic market by using the Mexican company’s portfolio of highly popular social media profiles, digital channels, and sports-focused web properties. […]
Industry
August 3, 2022
Google Sanctioned €750,000 in Italy for Illegal Gambling Advertisements
The Italian Communications Authority (AGCOM) sanctioned Google for €750,000 as the parent company of YouTube for violating the country’s blanket ban on gambling advertising. Ad agency Top Ads Ltd received an additional fine of €700,000. Google Failed To Moderate the Illegal Content Italy’s gambling authority held a press release, noting that this was the first […]
Industry
August 3, 2022
The Netherlands’ Self-Exclusion Register Reaches 20,000 Participants
Ten months ago, the Netherlands updated its gambling regulations and legalized online gambling. The Dutch Gaming Authority (KSA) implemented various player protection measures, including a voluntary self-exclusion register. According to the latest data released by the regulator, over 20,000 gamblers have used this option. 5,000 have signed up in the past two months. The Register […]
Business
August 2, 2022
SkyBet Veteran Leaves after 20 Years with the Company
Louise Amos, associate director at online betting giant Flutter Entertainment, announced on her LinkedIn profile that she would take a break from the industry to focus on her family and enjoy life. Amos Was with SkyBet from the Very Beginning Amos’ career is a prime example of how dedication and perseverance can pay off. After […]
