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- Silvia Pavlof
Silvia Pavlof's latest articles
Silvia Pavlof
AuthorSilvia has dabbled in all sorts of writing – from content writing for social media to movie scripts. She has a Bachelor's in Screenwriting and experience in marketing and producing documentary films. With her background as a customer support agent within the gambling industry, she brings valuable insight to the Gambling News writers’ team.
Casino
March 13, 2023
Singapore Regulator Prohibits Cryptocurrency Usage in Physical Casino
The newly formed Gambling Regulatory Authority (GRA) has announced a complete ban on the use of cryptocurrencies in land-based casinos, reported Inside Asian Gaming. Regulator Aims to Prevent Cryptocurrency Usage in Singaporean Casinos Albert Yeo, GRA’s General Counsel, stated that casinos have no appetite for the volatile revenue stream associated with cryptocurrencies. The agency aims […]
Business
March 10, 2023
Flutter Entertainment’s Results Boosted by Online Gaming Segment
Flutter Entertainment, a leading sports betting and gaming company, has released its annual financial report for the year 2022, and it’s full of impressive numbers. Online Gaming Segment Boosts Flutter Entertainment’s Revenue by 49% In the report, Flutter Entertainment announced a significant increase in revenue and profits compared to the previous year. The company’s revenue […]
Business
March 10, 2023
S&P Global Ratings Upgrades Caesars as Digital Losses Ease
The upgrade is based on the expectation of improved leverage in 2023 as Caesars significantly moderates digital losses. S&P Global Ratings forecasts a 4%-6% increase in Caesars’ casino EBITDA for 2023 Caesars’ digital segment has been a drag on EBITDA over the past 18 months, but Caesars has reduced this in recent quarters as it […]
Casino
March 9, 2023
N1 Interactive Objects to Dutch Regulator’s $13.4M Fine
Malta-based online gambling company, N1, has expressed its disagreement with the decision of the KSA to fine them for violating the Dutch Betting and Gaming Act. N1 Objects to KSA’s Fine Calculation and Requests Delay in Publication In a statement, N1 denied violating the Dutch Betting and Gaming Act and argued that the KSA’s calculation […]
Casino
March 9, 2023
U2 Teases an Upcoming MSG Sphere Las Vegas Show
After much speculation, U2 has finally confirmed that they will perform shows dedicated to their iconic album Achtung Baby at Las Vegas’ new globe-shaped venue, MSG Sphere. U2 Announces Highly Anticipated Shows at MSG Sphere with Mysterious UFO-Themed Ad The Irish rockers had previously hinted at the shows before the Super Bowl, posting an image […]
Industry
March 8, 2023
Maine Gambling Control Board Introduces New Virtual Self-Exclusion Program
Local media outlet Village Soup reported that the Maine Gambling Control Board has introduced a new virtual program to help people voluntarily ban themselves from gambling in Maine casinos. Previously, people had to go to a casino or another designated location to fill out the form to ban themselves. With this new virtual option, individuals […]
Industry
March 8, 2023
Tabcorp CEO Calls for Single National Regulator and Less Gambling Ads on TV
Inside Asian Gaming reported that in a statement made on March 8, the CEO of Tabcorp, Adam Rytenskild, one of Australia’s largest gambling companies, has called for a single national regulator to ensure consistency in the industry and protect vulnerable Australians. Tabcorp CEO Advocates for National Regulator to Replace State-Based Model The current state-based model […]
Industry
March 7, 2023
Aussie MP Calls for Tougher Penalties on Gambling Companies
Wilkie’s call comes after the Northern Territory Racing Commission fined Ladbrokes AUD78,540 ($52,624) for breaching its license and failing to limit the damage caused by former financial adviser Gavin Fineff, who stole more than AUD8 million ($5.4 million) from his clients to feed his gambling addiction. MP Wilkie Slams Ladbrokes “Slap on the Wrist” Fine […]
Business
March 7, 2023
Genius Sports Strengthens Board with Appointment of New Independent Advisors
The appointments are effective from March 8, 2023. Kay and Messara Join the Board The Board of Directors of Genius Sports has selected Kenneth J. Kay to join as an independent director and head of the audit committee, replacing outgoing chair Harry You. Kay’s professional experience spans over thirty years, where he has held CFO […]
Business
March 6, 2023
Aussie Pokie Tycoon Acquires Major Stake in Star Entertainment Group
The company has been facing financial difficulties and a drop in its share prices. Mathieson, with his sharp business acumen, has seen a long-term potential for growth and development in Star Entertainment Group and invested a whopping AUD142 million ($96 million) to acquire his stake in the company. Bruce Mathieson plans long-term investment in Star […]