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Erik Gibbs's latest articles

Erik Gibbs

Author

Erik 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 February 16, 2022
Encore Boston Harbor the Latest to Become an REIT Property
Encore Boston Harbor is the latest gaming property to fall victim to the real estate investment trust (REIT) takeover. Wynn Resorts will sell the Massachusetts casino’s land and real property to Realty Income for $1.7 billion in cash. As is standard in REIT transactions, Wynn will continue to operate the property. Wynn Unloads Encore Real […]
Industry February 16, 2022
2021 Was a Good Year for Gambling in the US as Casinos Recover
According to the American Gaming Association (AGA), 2021 raised the bar for the US commercial gaming market. It said in a news release that last year was the highest-grossing on record, with $53 billion in total reported. Greater growth is coming this year and beyond, propelled by an increase in interest in online gaming. US […]
Industry February 16, 2022
Indiana Lawmakers Work To Prevent State Lottery From Going Online
Some lawmakers in Indiana refuse to recognize that digital operations are the future. To maintain control of the Hoosier Lottery’s operations, they have added language to a tax bill Tuesday that would prevent the lottery from expanding into online tickets or games. The expansion into the digital realm, already found in many states, could only […]
Sports February 15, 2022
Super Bowl LVI Proves to Be a Hit with Sports Bettors
Super Bowl LVI is expected to be a record-setting year for betting, with both experienced gamblers and casual sports fans continuing to show great interest in the championship game of the NFL season. GeoComply reported Sunday night that more than 80.1 million geolocation transactions were made this past weekend. This is more than twice the […]
Industry February 15, 2022
Massachusetts Governor Continues Pro-Sports Betting Campaign
Many lawmakers in the US have a misguided perception of their responsibilities. They believe their decisions should be based on what they want – not on what their constituents want. A poll last year by David A. Paleologos Associates showed that 72% of surveyed residents support legalized sports betting. However, in the state’s capital, many […]
Legal February 15, 2022
High Court Tosses Ban on Gambling in Karnataka, India
The Karnataka High Court has struck down key amendments in the Karnataka Police Act 1963. These amendments were introduced last year to ban any form of gambling in the state, online or otherwise, to reduce the threat of Internet gaming and other apps. However, local government officials were wrong when they made their attempts, as […]
Business February 15, 2022
Passport Technology Expands Washington State Presence
Not too long ago, Passport Technology descended on Washington State when it entered an agreement with the Angel of the Winds Casino Resort. That was last September, and now the multi-service payment solutions provider is expanding its presence in the state. It has secured a new partnership with the Lucky Eagle Casino & Hotel. Passport […]
Business February 15, 2022
MGM Resorts Continues Buying Back Shares
Along with one of its major stockholders, MGM Resorts International is taking back more control of the company. MGM announced this week that it and IAC/InterActiveCorp (IAC), a US media and technology firm, will acquire 4.5 million shares of MGM Resorts common stock from another shareholder, Corvex Management LP. MGM Resorts Takes Back Control MGM […]
Industry February 14, 2022
Gambling Ads Continue to Find More Airtime in the US
Sports betting is here to stay, in the US and across the globe. Like those in any industry, gambling operators want to be able to advertise to attract more customers. However, some believe that there is too much advertising. Countries like Italy, the UK, Australia and others are clamping down on how much – and […]
Legal February 14, 2022
Texas Lawmakers Try Again to Legalize Casinos, Sports Betting
Many Texas lawmakers want legalized casinos and sports betting. Many Texas residents want them, as well, according to a number of studies. However, the Lone Star State’s governor doesn’t believe any of their opinions matter and he, along with his lieutenant governor, have repeatedly said they would shoot down any legalization efforts. This isn’t stopping […]