Erik Gibbs's latest articles
Erik Gibbs
AuthorErik brings his unique writing talents and storytelling flare to cover a wide range of gambling topics. He has written for a number of industry-related publications over the years, providing insight into the constantly evolving world of gaming. A huge sports fan, he especially enjoys football and anything related to sports gambling. Erik is particularly interested in seeing how sports gambling and online gaming are transforming the larger gaming ecosystem.
Business
November 10, 2021
Raketech Adds New US Territory Through ATS Consultants Acquisition
Raketech Plc will purchase the assets of US sports tipster group ATS Consultants for the agreed purchase price is $15.5 million. The deal will see Raketech expand its North American publishing portfolio to include the tipster communities of Pickpapa.com, Statsalt.com and Winnersandwhiners.com. Raketech Wades Deeper into the US Sports Betting Market Raketech, coming off strong […]
Business
November 10, 2021
Matt Maddox to Make Unexpected Exit from Wynn Resorts
Wynn Resorts CEO Matt Maddox announced yesterday that he will leave the company on January 31, 2022. The Board of Directors unanimously requested that Maddox remain on the Wynn Macau Limited Board and Wynn Interactive Limited Boards until the end of 2022. The Board unanimously elected Craig Billings, Wynn Interactive’s CEO and president and also […]
Industry
November 9, 2021
November Starts Slowly for Macau’s Casinos as GGR Gains Little Ground
Macau daily casino gross gambling revenue (GGR), for the first week in November, was up 12% week-on-week. This was supported by significant recovery of visitor volume to the city. However, GGR was still “lighter than expected,” according to brokerage Sanford C. Bernstein Ltd on Monday. According to the firm, the average daily rate from November […]
Industry
November 9, 2021
New York Announces Winners of Sports Betting Licenses
New York has finally declared the winners of two licenses in mobile sports betting, after many years of delays. But residents might still need to wait months before they can start to gamble on their cellphones. The state Gaming Commission decided to issue two licenses, but not to Jay-Z. The rapper had teamed with two […]
Industry
November 9, 2021
Rush Street Gaming Founder Works to Stop Sports Betting in Chicago
Neil Bluhm may be a billionaire, but that doesn’t necessarily mean he understands business. The entrepreneur and partner of Midwest Gaming & Entertainment is trying to convince the Chicago City Council not to lift a local sports betting ban because it would impact his Rivers Casino and sportsbook in the city of Des Plaines. However, […]
Insider
November 8, 2021
GamblingNews and Respo.Vision CEO Pawel Osterreicher Discuss AI and Sports Betting (Podcast #14)
Pawel Osterreicher, the co-founder and CEO of Respo.Vision, recently participated in a podcast with GamblingNews to talk about how artificial intelligence (AI) is changing the world of sports betting. Respo.Vision uses its advanced AI solutions to enhance the betting experience, giving bettors, and even sports fans, a new way to view data. Respo.Vision is an […]
Industry
November 8, 2021
Orix Opens Wallet to Get Osaka IR off the Ground
Orix Corp is one of the Japanese partners in MGM Resorts International’s Osaka integrated resort (IR) development. Each will own 40% of the scheme, with a group of companies from the Kansai region taking the remaining 20%. Hitomaro Yano, chief executive officer at Orix, stated late last week that the company’s initial investment in the […]
Casino
November 8, 2021
Mohegan Gaming Officially Done With Greek Casino Project
Mohegan Gaming & Entertainment (MGE) announced Friday that it had withdrawn its plans to create a casino in Greece. The former Hellinikon airport plot in southern Athens has been the target for the new Inspire Athens, and MGE was chosen to operate the casino following a heated contest with Hard Rock International. MGE might continue […]
Business
November 5, 2021
Penn National Stock Falls After Damaging Dave Portnoy Report
Penn National Gaming plunged 21% Thursday after it fell short of earnings estimates. However, that wasn’t the only reason. Business Insider published allegations of sexual misconduct against Dave Portnoy, the founder of Barstool Sports, of which Penn owns a significant piece Penn National PR Team Working Overtime Penn operates racetracks and casinos. It also owns […]
Industry
November 5, 2021
North Carolina Continues to Work on Legal Sports Betting
Senate legislation to regulate North Carolina sports gambling was reintroduced in the House by a committee that voted to approve the measure. Support for the measure is not strictly party-line. The bill aims to regulate and tax online betting, which supporters claim is already happening within North Carolina’s borders. North Carolina Lawmakers Not Giving Up […]