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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.

Industry July 1, 2021
Maine Governor Shoots Down Tribal Gaming in the State
Native Indian tribes in Maine were just one signature away from being able to open casinos on their tribal land. They were most likely already preparing the chips and cards in anticipation of the final approval, but will now need to put their gear back in storage. Maine’s governor, Janet Mills, has vetoed a legislative […]
Business July 1, 2021
Melco Resorts Boss to Launch SPAC-based IPO in the US
The use of a special purpose acquisition company (SPAC) in order to gain access to a public exchange has picked up steam over the past couple years, especially in the gaming industry. It’s how companies like DraftKings, Super Group Holding Co. and others have been able to target a wider pool of investors. A new […]
Casino July 1, 2021
Macau Receives a Little Bit of Good News as Gaming GGR Plummets
Last month was not the best month for Macau’s gaming scene, but it certainly wasn’t the worst on record, either. Every month brings new challenges and hurdles that have to be overcome, and June is just the latest to keep Macau’s authorities and gaming properties on their toes. Casino gross gaming revenue (GGR) took a […]
Business July 1, 2021
Vegas-Based Union Gaming Purchased by Real Estate Brokerage
Union Gaming has been intrinsically tied to the gaming industry since it was founded 13 years ago. The investment banking firm came about as the so-called Great Recession was taking hold and consumer activity was on the decline, but it proved to be resilient and was able to weather initial challenges. Company analysts have often […]
Business June 30, 2021
End of Wire Act Debate Good News, According to Gaming Industry Lawyers
For almost 50 years, the US federal government applied the Federal Wire Act only to online sports gambling, not to other forms of gambling, in terms of allowing states to establish interstate revenue-sharing agreements. The Department of Justice (DOJ) then decided it wanted to create its own view of the Wire Act, which didn’t go […]
Industry June 30, 2021
Louisiana Sports Gambling Hits a Wrinkle Ahead of Planned Launch
Louisiana’s efforts to legalize sports gambling are approaching the finish line, but have stumbled in the last stretch. Everything is in place to welcome what is expected to be one of the more robust markets in the US; however, there’s one thing now standing in the way. Louisiana doesn’t have anyone to chair the Louisiana […]
Sports June 30, 2021
DFS Operator PrizePicks Has a New Deal in the Works with the Atlanta Falcons
July is at our doorsteps, which means that fall is right around the corner. To some, that might not mean much, but to the other 98% of us, it can only mean one thing – football is almost here. NFL, college and high school football teams and fans, as they do every year, are anxiously […]
Industry June 30, 2021
Efforts to Bring Sports Gambling to Ohio Stall as Legislative Session Ends
Many states, upon hearing that the US Supreme Court had given PASPA its rightful place in the dead legislation cemetery in 2018, began working on ways to break into sports gambling. The burgeoning US industry has seen a lot of support since then, with approximately 30 states able to put together the legislative framework and […]
Industry June 29, 2021
Betway Lands in Pennsylvania under the Watchful Eye of Gaming Regulators
Betway is ready to add Pennsylvania to its growing US portfolio. It only has to pass what should be a simple test before it can declare victory, and that test is now underway. If everything goes well, the company will bring an online sportsbook and an iGaming platform to the Keystone State, ready to take […]
Business June 29, 2021
Universal Entertainment Takes on New Debt to Pay off Existing Debt Early
Universal Entertainment is going to use new debt to pay off existing debt, according to a recent announcement made by the company. The operator of the Okada Manila in the Philippines is planning on placing, outside its home country of Japan, new notes that will allow it to pay down the principal on existing notes […]