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.
Sports
February 23, 2023
Texas Motor Speedway Extends Existing Deals and Forges New Partnerships
The speedway that hosts races and is currently the only stop for NASCAR and INDYCAR in Texas, the Texas Motor Speedway (TMS), confirmed Wednesday it has renewed multiple existing commercial deals. At the same time, TMS acknowledged it inked two new collaborations with companies based in Texas. As a result, TMS will continue its collaboration […]
Slots
February 22, 2023
Wizard Games Releases Princess Celina and the Frog Slot Game
Details about the new romantic-themed fairy-tale adventure slot emerged Wednesday. Princess Celina and the Frog game invites players to join a fairy-tale adventure that tells the story of Celina, a beautiful princess that wants to find true love. Players of the new slot can enjoy a variety of rewarding features which also grant a chance […]
Business
February 22, 2023
Caesars Posts Strong Fourth Quarter and 2022 Results
In its latest trading update released Tuesday, the company revealed that its net revenues for the period between January and December 2022 hit $10.8 billion. When compared to the $9.6 billion reported for the corresponding period in 2021, this result marked a strong increase. Judging by the recent report, Caesars’ net loss in 2022 was […]
Sports
February 21, 2023
Stoiximan Becomes Major Sponsor for the Greek Super League
Announced Monday, the new collaboration sees the Super League Championship become Stoiximan Super League. The collaboration will be in effect for a total of three seasons. In other words, it will include the current season, the 2023-2024 season, as well as the 2024-2025 season. Not unexpectedly, the new sponsorship deal will deliver unique experiences for […]
Business
February 20, 2023
PartnerMatrix Names Vahe Khalatyan Chief Executive Officer
On Monday, the company revealed it selected Vahe Khalatyan as its new CEO. Khalatyan previously served as a chief technical officer with PartnerMatrix. Overall, he was a part of the company for nearly a decade and EveryMatrix identified him as “a key asset and leader.” Leveraging his strategic knowledge, Khalatyan will navigate PartnerMatrix on its […]
Business
February 20, 2023
Pennsylvania Gaming Revenue Soars by 18% To $464.5M in January
On Friday, the regulator unveiled data regarding the financial performance of licensed operators in the state, revealing that the combined total revenue from all forms of gambling, including fantasy contests, last month hit $464,488,191. When compared to the corresponding period in 2022 when the revenue halted at $393 million, this result marked a strong growth […]
Business
February 17, 2023
DraftKings CEO Hails Strong 2022 and Predicts Stronger 2023
In a letter to DraftKings’ shareholders, the CEO and co-founder acknowledged that the company enjoyed a stellar 2022. He pointed out that for the fiscal year 2022, DraftKings’ revenue hit $2.2 billion. This result represented a significant 73% year-over-year increase. What’s more, the revenue result even surpassed the expectations of $1.85 billion to $2 billion […]
Business
February 16, 2023
Caesars to Expand Caesars Rewards Program with NY Merchants
Currently, Caesars Rewards is recognized as the largest loyalty program within the gambling industry. The program has more than 60 million members, putting Caesars at the helm of customer loyalty within the vertical offering unique experiences and benefits for its customers. Ultimately, Caesars Rewards establishes a network of gaming, hospitality, entertainment, shopping, dining and other […]
Sports
February 16, 2023
Betr Confirms the Launch of Combat-Focused Media Arm
The confirmation about the launch of Betr Combat, the company’s combat sports media vertical, came Wednesday. The media arm under better is expected to bring unique experiences for fans of martial arts, delivering 24/7 coverage of different combat sports from all around the world. Betr Combat is expected to deliver unique post-fight analysis, interviews, and […]
Sports
February 15, 2023
OpenBet Enjoys Strong Performance during the Super Bowl
Super Bowl LVII met the Kansas City Chiefs with the Philadelphia Eagles. As one of the most anticipated American football events, the interest in the Super Bowl and wagering on the competition was immense. Luckily, OpenBet’s leading platform delivered strong performance and brought seamless sports betting experiences for bettors and sports fans alike. During the […]
