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
January 20, 2023
Real Luck Group Enjoys Stellar 2022 and Plans Growth in 2023
On Thursday, Real Luck Group released its Q4 report, revealing that its global betting handle surpassed CA$3 million ($2.23 million) by the end of the period. Additionally, the company reported that its fourth quarter revenue has seen solid growth, increasing by 120%. Not unexpectedly, Real Luck reported that the total player deposits in Q4 2022 […]
Sports
January 20, 2023
Six Operators Secure Temporary Betting Licenses in Massachusetts
The announcement comes after the regulator held multiple meetings and reviewed the applications submitted by the operators. In addition, the MGC reviewed presentations and participated in discussions with each of the operators prior to giving the green light for preliminary suitability. Following the latest MGC meeting, Bally Bet, DraftKings, FanDuel, Betway and PointsBet have all […]
Legal
January 19, 2023
Texas Losing on Tax Revenue from Lack of Betting and Casinos
There is currently a limited number of gambling options for Texas residents. Texas Is at Disadvantage for Not Offering Sports Wagering Bingo, parimutuel wagering and raffles are allowed, but residents that want to participate in casino gambling or sports wagering would need to visit a nearby state. While some prefer traveling for hundreds of miles, […]
Industry
January 19, 2023
CEN Approves EGBA-Proposed Standard Markers for Gambling Harm
EGBA unveiled Wednesday that it secured the approval and the development of standard markers for gambling harm is expected to start in the first quarter of this year. The development process itself is expected to involve gambling health experts, operators, consumer organizations, academics and other stakeholders within the gaming industry. Although the CEN standard is […]
Business
January 18, 2023
Cordish Boosts Executive-Level Team via New Appointments
The company revealed it promoted Joe Billhimer to the position of chief operating and development officer. Before being promoted to the new position, he served as executive vice president/PA Casino for Cordish Gaming since 2020. What’s more, Billhimer served as the general manager of Live! Casino and Hotel Philadelphia, a position which will now be […]
Industry
January 18, 2023
NJ Gambling Operators Post Strong Results for December and 2022
On Tuesday, the gambling regulator in the state released the gaming results for December 2022 and the year-to-date results, showing the gambling industry enjoyed strong performance not only in December but for the full year as well. New Jersey Gambling Operators Enjoy Strong Performance in December Judging by the latest figures, the total gaming revenue […]
Business
January 17, 2023
Low6 Names Brittany Almeida Sales and Strategy Director
The announcement came Tuesday and sees Almeida join the company’s leadership team and complement its ongoing growth. Brittany Almeida Joins Low6’s Leadership Team Last year was incredibly successful for Low6, considering that the company inked multiple deals with leading US sports leagues. In 2022, Low6 also joined forces with different franchises and brands within the […]
Business
January 17, 2023
Genesis Global License Suspended by Malta Gaming Authority
The sanction from the gambling regulator in the country was announced Tuesday. A statement released by the MGA explains that the suspension of Genesis Global’s license is in effect as of January 16, 2023. MGA Suspends Genesis Global’s Authorization The Authority explained that the sanction was imposed after the company breached the regulations related to […]
Industry
January 16, 2023
UK University Probes If Ketamine Can Help against Problem Gambling
Details of the new study emerged on Thursday last week. The new study will be led by Celia Morgan, an Exeter researcher and professor of psychopharmacology. The University of Exeter supports the new study which is funded by a grant from the leading biotechnology company that develops new solutions for treating addictions, Awakn Life Sciences. […]
Industry
January 16, 2023
Banks in Norway Support Fight against Illegal Gambling
Lottstift, the Norwegian Gambling Authority, revealed that financial institutions such as banks can play a pivotal role in preventing gambling debt. Eight Out of Ten Banks Notify Customers If They Use Unlicensed Gambling Operators The Authority uncovered the results of a new study, which showed that the financial institutions are being proactive and have joined […]
