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.
Industry
June 1, 2022
Island of Alderney Remains Prominent Player in Online Gambling Regulation
The island of Alderney made nearly £2 million ($2.52 million) from eGambling throughout 2021. The small, rocky patch of land is a prominent hi-tech international hub for gaming companies and hosts many of the biggest names in the industry. The Tiny Island Rivals Other Offshore Behemoths Such as Malta, Gibraltar, and the Isle of Man […]
Casino
May 31, 2022
Bloomberry Resorts Is on Its Way to Recovery after the Pandemic
Analysts at investment bank Morgan Stanley recently raised the earnings estimates of Bloomberry Resorts after the Philippines-based operator performed better than expected following Q1 of this year. Bloomberry is now projected to reach 71% of its 2019 EBITDA by the end of the fourth quarter, totaling PHP14 billion ($267.6 million). Bloomberry Is Steadily Returning to […]
Casino
May 31, 2022
Lady Luck Acquires Games Studio ReelNRG in $850,000 Deal
A recently completed acquisition deal saw LL Lucky Games, the parent company of Lady Luck, acquire London-based games studio ReelNRG. The purchase price consists of 2.5 million newly issued shares worth SEK 3.3 each and totals $850,000. The Acquisition to Provide Lady Luck with Additional Products and Increased Market Reach Calvin Kent, CEO of ReelNRG, […]
Casino
May 30, 2022
NeoGames Completes Its Offer to Acquire Aspire Global
NeoGames S.A., a prominent online lottery provider, announced on January 17 2022 that it had made an acquisition offer to Aspire Global plc, a Malta-based business-to-business (B2B) provider of iGaming solutions for the online gaming market. Aspire Global shareholders who accept the deal will receive a combination of cash and newly issued shares in NeoGames. […]
Business
May 27, 2022
VICI Stock Attracts Significant Investments during Market Decline
During the first quarter of 2022, Point72 Asset Management, a hedge fund headed by Mets owner Steve Cohen, bought up 633,800 shares of VICI Properties. This comes amidst a slumping market and is likely an attempt by Cohen to adopt a more defensive strategy. Cohen Is Playing It Safe with Low-Risk Purchases It looks like […]
Casino
May 26, 2022
Two Crystal Cruise Liners Up for Auction after Owner Defaults on Loans
Crystal Symphony and Crystal Serenity, the two largest cruise ships belonging to operator Crystal Cruises, will be auctioned off on June 7. The authorities seized the vessels not long after parent company Genting Hong Kong defaulted on its loans. The Two Vessels Are Old but Retain Much of Their Original Value The company is yet […]
Casino
May 26, 2022
Resorts World Strikes 3-Year Deal with Culinary Union
The Culinary and Bartenders Unions recently announced that they had reached a tentative agreement with Resorts World for a new, three-year contract. This unionization effort is the first of its kind for the Las Vegas branch of the gambling giant and will cover 2,000 of the company’s employees. The contract will come into effect on […]
Industry
May 25, 2022
Almost 30,000 Found to Have “Severe Gambling Problems” in Denmark
A recent report by Spillemyndigheden, the Danish Gambling Authority (DGA), shows a substantial increase in people with “severe gambling problems,” marking a rise of almost two-thirds compared to 2016. This report comes despite ever-stricter regulatory policies and an increased number of compliance checks. The Number of Compulsive Gamblers Continues to Grow The DGA’s base their […]
Casino
May 25, 2022
Resorts World and Empire City Casino Still on Course to Receive Licenses in New York
Full-scale casinos are coming to New York, and the middling protests against this decision are unlikely to sway the state’s intention to give out three full licenses this year. The establishments fortunate enough to receive one will gain the ability to introduce live dealers and host table games such as poker, roulette, and blackjack. The […]
Legal
May 24, 2022
Bet365 Gets Scolded by Danish Regulator for AML Failures
Spillemyndigheden, the Danish Gambling Authority (DGA), has reprimanded Bet365 after the latter failed to carry out due diligence checks regarding a particularly suspicious customer. The regulator stated that the gambling company allowed a young player to deposit over $27,250 in just over a year without performing the required additional checks. According to Danish law, all […]
