Ricky Grant

Ricky Grant

iGaming.org Writer Crypto/Casino/Sports
Ricky is a bitcoin enthusiast and understands the significance of cryptocurrencies not just in the iGaming industry but in society. Ricky has a particular interest in the US Casino landscape, and anything related to this. His favorite casino table games are blackjack and baccarat.

EXPERTISE

  • Crypto
  • Casino
  • US Market
  • iGaming

Ricky's latest articles


Best Western Plans Towering Change for Casino Royale Site on Las Vegas Strip

The future of Casino Royale, a beloved budget-friendly gaming spot on the Las Vegas Strip, appears uncertain as plans for a massive redevelopment emerge Best Western, the current owner of Casino Royale, has received the green light from the Federal Aviation Administration (FAA) to construct a towering 699-foot structure on the site Although..
2 years ago

Historic Racing Machines Increase at The Rose Gaming Resort

Churchill Downs Incorporated (CDI) recently got the green light from the Town of Dumfries, Virginia, to kick off the first phase of The Rose Gaming Resort This phase is now set to feature 1,650 historical racing machines (HRMs), marking a notable increase of 500 HRMs from CDI's initial plans The resort, nestled in Northern Virginia, is on track to..
2 years ago

Venetian Las Vegas to Launch City’s Largest Poker Room This Summer

This summer, the Venetian Las Vegas is set to open a new poker room, a move that promises to enhance the gaming experience for both cash and tournament poker players The announcement reveals plans for a 14,000 square foot space on Level 2 of the resort, positioning it as the largest poker room in Las Vegas with 50 tables The relocation of the..
2 years ago

Caesars Takes Charge of WynnBET’s iGaming in Michigan Deal

Caesars Entertainment announced it is taking over WynnBET's Michigan iGaming operations This move is part of a broader strategy that includes securing a long-term market access agreement with the Sault Ste Marie Tribe of Chippewa Indians Through this deal, Caesars will gain access to the Tribe's iGaming skins, which will enable the company to..
2 years ago

US Gaming Industry Hits Record $66.5 Billion Revenue in 2023

In 2023, the US commercial gaming industry marked its third consecutive year of record-breaking revenue, achieving $665 billion, as reported by the American Gaming Association (AGA) This figure represents an increase from the $605 billion recorded in 2022, with significant growth observed in the final quarter of 2023 The industry witnessed its..
2 years ago

Strong Digital Performance Drives Caesars to $786 Million Net Income in 2023

Caesars Entertainment has released its financial figures for the fourth quarter of 2023, showing a modest rise in net revenues to $283 billion from $282 billion in the same quarter of the previous year Although this marks an increase, it is a step back from the $3 billion revenue in Q3 The company's annual revenue for 2023 was $115 billion, up..
2 years ago

Eight Operators Set to Join North Carolina’s Betting Scene

In North Carolina, the sports betting scene is gearing up for a massive launch on March 11, with the North Carolina Sports Betting Committee playing a pivotal role in shaping the future of this industry in the state As of recent updates, eight out of nine operators who applied for sports betting licenses are on track to secure their approvals..
2 years ago

Curaçao’s Finance Minister Defends First Direct Gambling License

Javier Silvania, the Minister of Finance for Curaçao, recently addressed concerns surrounding the issuance of the first direct license to  to White Star BV, a key entity under the Rhino Entertainment Group, a move that has sparked debate amidst ongoing discussions about the territory's new gambling legislation, the National Ordinance for Games..
2 years ago

Enhanced Protections for Tribal Gaming Announced by Interior Department

The Interior Department has recently updated its federal regulations to enhance the clarity and transparency of Indian gaming compacts, aiming to streamline the process for tribes negotiating deals This move is part of a broader effort to facilitate tribal economic development, recognizing gaming as a key driver The updated rules, under 25..
2 years ago

DraftKings Partnership Nets $100M for New Hampshire Education

Since New Hampshire introduced sports betting four years ago, in collaboration with DraftKings, the initiative has generated $100 million for the state's Education Trust Fund, as reported by the New Hampshire Lottery This contribution is part of the lottery's broader effort to support public education through various gaming options Charlie..
2 years ago

Illegal Casino Loans Could Land You in Jail in Macau

The Macau government has put forward a draft bill aimed at stepping up efforts to clamp down on illegal gambling activities within casino walls This new legislative proposal, titled "Law to Combat Gambling Crimes," was made available for public scrutiny by the Legislative Assembly, following its initial mention in December The proposal seeks to..
2 years ago

Robinhood Surpasses Quarterly Earnings Expectations for Q4 2023

Robinhood has reported its quarterly earnings, showing a slight but notable improvement over analysts' expectations Despite facing challenges from a turbulent crypto market and broader economic uncertainties, the trading platform has emerged with positive figures for the fourth quarter of 2023 The firm witnessed a 24% rise in net revenues from..
2 years ago

AP Wins Defamation Case Over Wynn Misconduct Report

Last week, the Nevada Supreme Court delivered its verdict on a defamation lawsuit brought by casino mogul Steve Wynn against the Associated Press, stemming from a 2018 article that highlighted sexual misconduct allegations against him The lawsuit was dismissed, with the court highlighting the role of Nevada's anti-SLAPP laws, which protect against..
2 years ago

Betsson 2023 Earnings Reveal 22% Revenue Spike Breaking $1 Billion

During the announcement of its financial results, Betsson, one of the world's online gambling titans, revealed a revenue increase of 22%, totaling €9482 million ($1 billion) in 2023 This growth was notably organic, accounting for 40% of the total increase The company's EBITDA experienced a remarkable 52% rise, reaching €2627 million ($2826..
2 years ago

DraftKings Updates 2024 Projections After Q4 Revenue Jump of 44%

DraftKings, a leader in the US sports betting market, on Friday reported a 44% increase in revenue for the fourth quarter of 2023, reaching $123 billion up from $855 million in the same quarter of the previous year This performance prompted the company to update its revenue and EBITDA projections for 2024 upwards, after a year in which its revenue..
2 years ago

How Online Gaming is Fueling Brick-and-Mortar Casino Revenue Growth

The narrative surrounding online gaming and its impact on traditional casinos has taken a positive turn, according to a recent study Conducted by Eilers & Krejcik Gaming (EKG) on behalf of the iDevelopment and Economic Association (iDEA Growth), the research reveals that online gaming may actually bolster the revenues of brick-and-mortar..
2 years ago

Alabama Moves Closer to Legalizing Gambling with Recent Bill Approval

The Alabama House Economic Development and Tourism Committee recently passed a critical bill aimed at expanding gambling within the state This legislation seeks to introduce a lottery, sports betting, and casinos, marking a significant move towards gambling legalization in Alabama The bill now heads to the House of Representatives for a crucial..
2 years ago

MGM Resorts Sees Revenue Spike in Q4 and Full-Year 2023

MGM Resorts International recently announced its financial outcomes for both the final quarter and the entirety of 2023 The company saw its Q4 net revenues climb to $44 billion, marking a 22% rise from the previous year, thanks to eased entry restrictions in Macau For the entire year, MGM reported a 23% increase in net revenues, reaching $162..
2 years ago

Thailand Committee Extends Review on Casino Proposal

A 60-member committee in Thailand, charged with exploring the establishment of the country's first legal casinos, has requested an extension of four months to complete its review Initially given 120 days, the committee finds itself needing more time due to disagreements on key issues, including regulations for local players and whether public or..
2 years ago

Gun Lake Casino Announces $10 Million Revamp

Gun Lake Casino (GLC) is set to undergo a $10 million renovation, focusing on upgrading its dining, entertainment, and gaming facilities The renovation plans include introducing a new Crossroads Casino Bar and lounge, a high-limit table games room, and the Lucky Dragon Noodle Bar, a restaurant specializing in noodles and Asian cuisine Sal..
2 years ago