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Stefan Velikov's latest articles
Stefan Velikov
AuthorStefan Velikov is an accomplished iGaming writer and journalist specializing in esports, regulatory developments, and industry innovations. With over five years of extensive writing experience, he has contributed to various publications, continuously refining his craft and expertise in the field.
Industry
August 12, 2025
Entain Prepared for Potential AUSTRAC Penalties
Entain, a global leader in sports betting and gaming, announced its interim results for H1, which ended 30 June 2025, revealing that a recent reorganization has helped it innovate better and is also prepared for potential penalties from Australia’s financial crime watchdog AUSTRAC. Entain Officials Talk About AUSTRAC Legal Issues During the earnings call, Entain […]
Industry
August 12, 2025
SkyCity Cleared to Keep Casino License in South Australia After Investigation
SkyCity Entertainment has been found suitable to maintain its casino license in South Australia after a thorough independent investigation. The ruling follows earlier concerns about the company’s compliance with anti-money laundering laws and its general management practices. SkyCity Cleared for Operation Led by retired Supreme Court judge Brian Martin, the inquiry recognized the substantial progress […]
Industry
August 12, 2025
Oyo Las Vegas Hooters Closes Permanently Amid Modernization Efforts
As part of a broader modernization effort, Hooters has officially closed its location at Oyo Las Vegas, a hotel situated just east of the Strip on Tropicana Avenue. The closure follows the bankruptcy filing of Hooter’s parent company earlier this year, which led to the shutdown of dozens of locations nationwide in June. Hooters at […]
Industry
August 11, 2025
New York Sports Betting Slows in July as Handle Hits 12-Month Low
Consumer spending on online sports betting in New York fell to a 12-month low in July, according to the New York State Gaming Commission. This marked the lowest monthly total since July of last year, when $1.27 billion was wagered. The figure also represented a 15.2% decline compared to the $1.65 billion spent on sports […]
Legal
August 11, 2025
South Korean Police Bust Crime Ring Extorting Patrons Through Rigged Casinos
South Korean authorities have arrested 12 members of a sophisticated criminal organization that targeted wealthy individuals by inviting them on overseas golf trips, then scammed them out of approximately $850,000 through rigged casino games and extortion schemes. Crime Ring Busted by South Korean Police Identified only as “Mr. A” by the Gyeonggi Southern Police Agency’s […]
Sports
August 11, 2025
Polymarket Blasted for Bets Related to Sex Toy Throwing at WNBA Games
Polymarket is seizing on the recent rise in sex toy-throwing incidents at WNBA games by offering betting markets tied to those events. The controversial betting offering has caused both large interest and large outcry amongst sports fans. Polymarket Faces Backlash Over WNBA Sex Toy Betting Markets Since late July, incidents involving fans throwing sex toys […]
Industry
August 8, 2025
Almost 90% of People Think Las Vegas Is Too Expensive for Tourists
A recent poll conducted by Las Vegas Locally on X reveals a troubling trend: 88% of over 15,500 respondents believe Las Vegas has become too expensive for tourists. Most People Think Las Vegas Is Too Expensive Although visitors are still coming to Sin City, tourism numbers have been steadily declining since the beginning of the […]
Industry
August 8, 2025
Group Backed by Mike Pence Wants to Eliminate Gambling Tax Deductions
A conservative think tank led by former Vice President Mike Pence is urging federal lawmakers to completely eliminate tax deductions for gambling losses, which is a move that would be unwelcome news for US sports bettors and poker players. Pence’s Advocacy Group Wants to Stop Gambling Tax Deductions Earlier this week, Pence’s conservative advocacy group, […]
Industry
August 8, 2025
People Are Shocked Las Vegas Does Not Have the Most Strip Clubs Per Capita
Las Vegas is called Sin City for a reason, or rather, many reasons. From casinos to extravagant entertainment venues, the city is famous (or some might say infamous) for its almost decadent ways. However, one such method of entertainment, strip clubs, appears not to be as common as many people would have initially thought. Las […]
Industry
August 7, 2025
Dutch Gambling Regulator Admits New Taxing Policy Has Failed
On August 5, the Netherlands Gambling Authority (KSA) acknowledged that the recent increase in the country’s gambling tax rate to 34.2% has not generated additional revenue. The regulator’s impact assessment revealed that, since the hike took effect on 1 January 2025, gross gaming revenue (GGR) has declined in both the online and land-based sectors. KSA […]
