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
February 3, 2023
EveryMatrix Enjoys Stellar Fourth Quarter and 2022 Results
Released Thursday, the company’s latest report revealed that in Q4, 2022, its revenue hit €39.5 million ($43.2 million). This result marked a significant 66% increase when compared to the corresponding period in 2021. Gross profit for the fourth quarter of 2022 increased as well, hitting €19.4 million ($21.2 million), up by 39% year-over-year. Not unexpectedly, […]
Industry
February 2, 2023
Evolution Posts 36% Increase in Operating Revenues for 2022
The new report reveals that the company’s operating revenues in 2022 hit €1,456,737 ($1.6 million) representing strong growth of 36% when compared to the €1.07 million ($1.2 million) result from 2021. Providing a breakdown, Evolution’s new report revealed that EBITDA for the period hit €1 million ($1.1 million), up by 37.3% from the €734,650 ($803,500) […]
Slots
February 2, 2023
Pragmatic Play Launches New Slot Fire Archer
The latest slot takes the players on an adventure in the Sherwood Forest and grants them unique chances to win big prizes. The 5×5 reel slot features popular card symbols as well as special symbols that include an archer, a Robin Hood-style hat, a bag of money, a beer, a quiver that serves as a […]
Legal
February 2, 2023
Minnesota Senator Backs Sports Betting Legalization
Legalized sports betting provides a legal form of entertainment for sports fans interested in placing wagers on their favorite team and bettors alike. While more than half of the US states have already legalized and launched some form of sports betting, such efforts are still underway in Minnesota. Sports betting can provide a fresh tax […]
Business
February 1, 2023
Entain Reports Strong Fourth Quarter and 2022 Growth
On Wednesday, the company revealed it has seen an increase in its net gaming revenue (NGR) for the fourth quarter as well as the full year 2022. Judging by Entain’s latest report, NGR for Q4, which includes the period between October 1 and December 31, 2022, increased by 11% when compared to the corresponding period […]
Industry
January 31, 2023
NCPG Warns US iGaming States Fail to Meet RG Framework
On Monday, the Council released its 2022 report, probing into the compliance of states with its IRGS where iGaming is legal. Judging by the recent report, titled “US Online Responsible Gaming Regulations: An Evaluation Against National Council on Problem Gambling Standards,” the majority of states where online gambling activities are legal failed to meet the […]
Slots
January 31, 2023
Yggdrasil Releases Heist-Themed Neon Villains DoubleMax
The new slot marks the developer’s latest release and features a cyberpunk heist theme that has proved to be popular within the iGaming vertical. The five-reel slot gives players unique chances of winning big prizes. At the same time, Neon villains features DoubleMax, the popular Game Engagement Mechanic (GEM). The unique mechanic helps deliver exciting […]
Business
January 31, 2023
Pragmatic Play Continues Brazilian Push via Jacare.bet Deal
The latest collaboration further boosts the company’s presence in the country and expands the reach of its leading content. Thanks to the deal with Pragmatic Play, Jacare.bet’s customers gain access to popular games provided by the leading game developer. Such titles include live casino, virtual sports and slot products, delivering engaging experiences for online customers […]
Sports
January 30, 2023
Sorare Brings Premier League Digital Player Cards via New Deal
Under the four-year licensing deal, the company will provide unique opportunities and experiences for EPL fans. The collaboration sees Sorare deliver engaging functionalities for its fantasy game, as well as a marketplace, bringing digital cards for the top 20 English soccer clubs. The unique free-to-play fantasy soccer game is expected to deliver exciting experiences for […]
Business
January 30, 2023
Bragg Gaming Inks Partnership with First Look Games
Details of the new collaboration emerged Monday and see Bragg Gaming become the latest partner of the leading platform. The new partnership will see Bragg benefit from the B2C promotion of its partner and in-house studios via affiliates. Under the terms of the collaboration, First Look Games, which was founded back in 2018, will help […]
