Stoyan Todorov

1 month ago | gamblingnews.com | Stoyan Todorov

Any lottery winner who has just won $2 million would be happy about their luck – sure, someone else might have won too, but this is no big deal, as you can split the reward, gladly. A third person won, though, and this begins to look a little anti-climactic by now, but a fourth or even a fifth co-winner? The happiness deflates from the original winner as quickly as it has come over.

1 month ago | gamblingnews.com | Stoyan Todorov

Last Week Tonight host John Oliver recently described the Trump administration as “deeply unserious people doing deeply stupid things with massively serious consequences,” and while this assessment may feel blown out of proportion on occasion, nothing illustrates it better than Pete Hegseth’s recent debacle.

Mar 5, 2025 | gamblingnews.com | Stoyan Todorov

According to local media outlets in Hong Kong, basketball betting will be launched in the Special Administrative Region (SAR). How soon, however, is another matter altogether, as reports have surfaced that the current regulatory framework is still being hammered out, and so are the details about how betting would work. Hong Kong, though, will be getting basketball betting in the foreseeable future, with one tentative date set for September 2026.

Mar 3, 2025 | gamblingnews.com | Stoyan Todorov

Prediction markets came with a promise to make it fun to place a bet on the outcome of certain events that lay outside the purview of most legalized sportsbooks in the United States – politics comes to mind. Kalshi launched its offer just in time for the 2024 United States presidential election, and it all went down smoothly despite strong opposition from the Commodity Futures Trading Commission (CFTC).

Feb 25, 2025 | gamblingnews.com | Stoyan Todorov

That China and the United States have not seen eye-to-eye on anything from freedom of speech to economic priorities should not surprise anyone. Yet, President Donald Trump signed a memorandum on Friday that directed the Committee on Foreign Investment in the United States or CFIUS, as the body is known more snappily, to impose investment restrictions on a trio of foreign adversaries, and specifically Hong Kong, Macau, and China.