Areas of Expertise
2301 stories by Erik Gibbs
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...
New South Wales Man Wins the Lottery, Then Doubles His Money
A man from New South Wales, Australia, is figuring out what to do with a sudden windfall of cash. He won a recent lottery for a massive prize, which doubled in size. A man in New South Wales (NSW) recently won big...
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...
The UK’s Gambling Industry Might Soon Have Access to Some Cryptocurrencies
UK government leaders appear to be ready to embrace some types of cryptocurrencies. They could soon recognize them as a legitimate form of payment, which, in theory, means that the gambling industry in the country could soon accept certain forms of digital...
Marina Bay Sands Extension Delayed Again, Will Commence Next Year
Las Vegas Sands needs more time to complete the required expansion of its Marina Bay Sands integrated resort in Singapore. The casino operator will have it after the country approved a new one-year extension. Las Vegas Sands (LVS) is going through a...