Areas of Expertise
2301 stories by Erik Gibbs
EuroMillions Winner of $217M Donates Jackpot to Environmental Charity
A recent EuroMillions lottery winner scored one of the largest prizes possible. But instead of spending the money on yachts, mansions, and fancy clothes, he is giving away most of his fortune to save the planet. A French man hit it big...
Spain’s Capital Expands Initiative to Raise Gambling Awareness Among Youth
Spain's capital city, Madrid, launched a program in a few districts in 2020 that targets gambling and gambling disorder awareness among youth. The pilot proved to be more successful than anyone anticipated, and will now grow to cover more of the city....
Gambling Debts Settlement Goes Awry for Young Singapore Man
A young man from Singapore racked up a significant amount of gambling debts and needed a way out. He thought he found it in a fake watch scam, but ended up with a date in court and a criminal record. Knowing when...
Entain Sees 31 Percent Increase in Q1 Earnings as Retail Ops Rebound
Entain had a solid 2021 as earnings surpassed $1 billion. The gaming company is continuing its strong run, adding another success story in the first quarter of 2022. The global gaming industry, for the most part, is beginning to return to normal....
Genius Sports Expands Reach through New Deal With Liga MX’s Club Necaxa
Genius Sports continues to push sports and sports data. It has secured several deals recently with sports organizations, the latest of which is Club Necaxa of Mexican soccer. Tomorrow's sports experience – and, by virtue of its relationship, sports betting – will...
UK Betting Pools for Grand National Could Be Illegal
This weekend is the Grand National, one of the most highly anticipated horse races in the UK. It's also a popular target for sports bettors. However, some betting pools may inadvertently operate illegally. The Grand National always draws a huge crowd. It's...
888 Holdings Revises William Hill Pact with Caesars, Looks for More Funds
888 Holdings is ready to take its planned acquisition of sports betting operator William Hill to the next step. To do that, it's going to need some financial help, and announced a major equity deal beginning this week. 888 Holdings already has...
Colombian Authorities Bust Underground Lottery Operation, Make 12 Arrests
Police in Colombia broke up a sizable operation dealing in fraudulent lotteries and raffles this week. The activity extended across several regions in the country, with police making several arrests. The Colombian operation was dedicated to fabricating, distributing, and selling fake lottery...
Accounting Firm EY Could Be Liable for $2B in Alleged Wirecard Fraud Case
Germany-based Wirecard was once one of the largest payment processors for the global online gaming space. Its strength was an apparent farce, however, that could impact accounting firm EY by almost $2 billion. Wirecard was an angel for the online gaming industry...
NagaCorp Founder Appoints Three Sons Co-CEOs, Takes Title of Senior CEO
The founder and current CEO of gaming operator NagaCorp has decided it's time to relinquish some of his control. Dr. Chen Lip Keong boosted three of his sons' positions with the company, making all three co-CEOs. NagaCorp has had a rough year...