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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.
Business
September 26, 2022
Paysafe Taps into Online Sports Betting Market in Kansas
The leading specialized payments platform, Paysafe, announced its entry into the regulated sports betting market in Kansas. Paysafe Continues US Expansion, Enters Kansas On Monday, the company revealed that it launched its leading online payment services for sportsbooks in the new market. The new launch sees Paysafe extend its long-term payment deals with PointsBet, DraftKings and Caesars, all of […]
Business
September 26, 2022
Gambling Regulator in Nevada Awards FSB License
FSB, the global business-to-business sports betting services provider, announced its entry into Nevada. NGCB Awards FSB Manufacturers and Information Service Provider License The company said late last week that it received license approval from the Nevada Gaming Control Board (NGCB), the state’s gambling regulator. The manufacturers and information service provider license approval comes after the regulator’s latest public […]
Business
September 23, 2022
Sports Betting Handle in Mississippi Improves in August
Sports bettors in Mississippi spent more in August when compared to July, a new report released by the regulator reveals. Sports Betting Handle in Mississippi Hits $21.2M Last Month The Mississippi Gaming Commission, the regulator of sports betting and gambling in the state, has announced the financial results reported by operators in August. Last month, the sports […]
Business
September 23, 2022
BetMGM Names Vanessa Hudgens Celebrity Brand Ambassador
The leading sports betting and iGaming operator, BetMGM, announced a new collaboration with the American actress and singer, Vanessa Hudgens. Vanessa Hudgens Teams up with BetMGM The terms of the new deal, announced Thursday, see Hudgens become a celebrity brand ambassador for BetMGM. Under the collaboration, the singer, actress and entrepreneur will participate in different campaigns as well as promotions for the […]
Business
September 23, 2022
Mobile Sports Betting in Maryland May Launch This Year
Sports fans in Maryland are in for a treat after the sports betting regulator in the state made a major step toward mobile sports betting. SWARC Supports Licensing for Mobile Betting on a Rolling Basis On Thursday, the Sports Wagering Application Review Commission (SWARC) voted to start approving online sportsbook licenses on a rolling basis. This changed the […]
Business
September 22, 2022
Playtech’s H1 2022 Revenue Hits €792.3M, up 73% YoY
The leading online gambling software supplier, Playtech, released its financial results for the six months ended June 30, 2022. The Company’s First Half Revenue Hits €792.3 Million The company reported strong revenue growth during H1. Overall, Playtech’s revenue for the first six months this year hit €792.3 million ($785 million). When compared to the same period in 2021, when […]
Legal
September 22, 2022
Crimes Related to POGOs Impact China’s Relations with Philippines
China’s fight against the Philippine Offshore Gaming Operators (POGOs) continues. Joining forces with Philippine law enforcement, Chinese authorities reaffirmed their commitment to ending illegal gambling and fighting POGOs-related crimes. Now, a new report reveals that China’s relations with the Philippines may be harmed by crimes related to illegal gambling. Chinese Ambassador Warns about Impact of POGO-Related Crimes […]