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


Mississippi Lawmakers Block Jackson Casino Bill, Debate Continues

There has been no progress on House Bill 1879, which sought to permit a casino within 6,000 feet of the Mississippi State Capitol Trey Lamar (R-Senatobia), the chairman of the House Ways and Means Committee, moved to postpone the bill, thereby ending it The result was confirmed by a voice vote, which stopped the proposal from..
1 year ago

Trump Confirms US Crypto Reserve, Bitcoin and Altcoins See Massive Surge

Following former President Donald Trump's announcement that the United States will create a "crypto strategic reserve," the cryptocurrency market experienced a significant surge According to reports, Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) will all be part of the reserve The entire cryptocurrency market surged..
1 year ago

Satellite Casinos in Macau Must Adapt to New Rules

Macau’s government expects gaming operators to work closely with satellite casino partners as the current transition period ends this year, according to Chief Executive Sam Ho Fai Satellite casinos operate under the licenses of major gaming concessionaires but are typically run by third-party investors The three-year transition period, which..
1 year ago

Melco Resorts Studies Casino Investment in Thailand as Legalization Advances

Melco Resorts & Entertainment Ltd is actively assessing investment opportunities in Thailand as the country moves toward legalizing casino resorts Chairman and CEO Lawrence Ho Yau Lung described Thailand as a “generational opportunity” and acknowledged the company has been conducting studies, visiting the country, and maintaining a..
1 year ago

Tribal Nations Urge CFTC to Ban Sports Prediction Contracts

Tribal countries in North America are resisting sports prediction outcome markets, claiming they jeopardize their unique gaming rights The legality of Kalshi's contracts that resemble sports betting was recently contested by the Indian Gaming Association (IGA) and nine other tribal organizations The disagreement surfaced during a roundtable..
1 year ago

Penn Entertainment Reports Revenue Growth but Faces Net Loss in 2024

The financial results of Penn Entertainment's fourth quarter and full year of 2024 were released, showing both notable net losses and consistent revenue growth With nearly $166 billion in revenue for the fourth quarter and $657 billion for the year, Penn Entertainment had a 3% rise in revenue over the prior year The business did, however,..
1 year ago

Accel Entertainment Achieves Record Revenue Despite Declining Net Income in 2024

Record-breaking revenue figures for the fourth quarter and full year of 2024 were revealed in Accel Entertainment's financial report The business made $12 billion for the year and $3175 million in Q4 Net income decreased for both times in spite of these achievements Revenue grew 69% in Q4 and 52% year over year in 2024 Net income, however, fell..
1 year ago

Uniswap Partners with Robinhood to Simplify Crypto-to-Fiat Transactions

To improve the conversion of cryptocurrency to fiat, Uniswap has partnered with Robinhood and many payment systems The goal of this partnership is to give consumers an easy option to withdraw digital assets straight into their bank accounts Users of Uniswap in more than 180 countries will be able to sell and receive cryptocurrency using..
1 year ago

Texas Moves Closer to Bitcoin Reserve Legislation

After receiving significant support from the Senate Committee on Business and Commerce, Texas lawmakers are thinking about investing some of the $24 billion surplus in Bitcoin With this action, Texas joins an increasing number of states in the US investigating Bitcoin as a potential strategic asset A plan to invest state funds in Bitcoin has..
1 year ago

BitMEX Reportedly Seeking Buyer During Regulatory Challenges

BitMEX, a major player in the crypto derivatives market, is reportedly looking for a buyer According to sources, the exchange has engaged Broadhaven Capital Partners, a financial advisory firm, to handle the sale process CoinDesk reported on February 27 that BitMEX began working with Broadhaven Capital in late 2024 to explore acquisition..
1 year ago

SEC Ends Investigation Into Gemini, but Winklevoss Criticizes the Cost

The US Securities and Exchange Commission's (SEC) investigation into the cryptocurrency exchange Gemini is now complete Gemini is now one of the cryptocurrency companies that are not immediately subject to regulatory investigation as a result of the decision Cameron Winklevoss, president and co-founder of Gemini, posted a notice from the SEC on..
1 year ago

Trump’s Fiscal Moves May Lead to Bitcoin Capitulation, Says Arthur Hayes

Bitcoin's short-term price trajectory, according to BitMEX co-founder Arthur Hayes, depends on US political developments He underlined that the cryptocurrency industry is currently in a wait-and-see stage in a recent article on X The stability of Bitcoin, according to Hayes, hinges on how effectively former US President Donald Trump handles..
1 year ago

Kambi CEO Highlights Challenges Ahead After Transitional 2024

According to its most recent financial report, Kambi made €1764 million in 2024, a 18% rise from the previous year CEO Erik Becher characterized the time as both "transitional" and "transformative," despite the limited growth Becher, who succeeded longtime CEO Kristian Nylén in July 2024, was upbeat about the company's varied sources of..
1 year ago

New York Lawmaker Proposes Tax Cuts for Sports Betting Operators

A new tax system for online sports betting is being pushed by Assemblywoman Carrie Woerner of New York, who was recently selected as the chair of the Assembly Racing and Wagering Committee She presented Bill A6013, which would reduce operator tax rates while increasing the number of mobile sportsbooks The bill, if passed, would raise the number..
1 year ago

Wemade Introduces 2025 Strategy with Web3 Expansion and Esports Integration

Marking 25 years in the gaming industry, South Korea’s Wemade has introduced its new company slogan for 2025—“We Dare” This bold statement reflects the company’s commitment to pushing boundaries in gaming, blockchain, and artificial intelligence Wemade’s blockchain division, Wemix, is expanding its strategy, reinforcing the..
1 year ago

Yuga Labs’ Otherside Sets Record with 2,197 Players in FPS Event

In the first round of Project Dragon, Yuga Labs broke the Guinness World Record for the most concurrent players in an online first-person shooter with 2,197 players, officially making history Apes, Meebs, Kodas, Moonbirds, and Voyagers were among the many community members that attended the gathering, as were newcomers who were invited by friends..
1 year ago

CIRSA Reports Record $734.4 Million in Profits for 2024, Marking Third Consecutive Growth Year

In 2024, CIRSA's operating earnings soared to $7344 million, marking its best financial performance to date Since Blackstone acquired the massive Spanish gaming company in 2018, this year has broken records three times in a row Revenue for the corporation increased by 8% year over year, from $2 billion in 2023 to $226 billion The fourth quarter..
1 year ago

Mississippi Moves to Raise Casino Taxes In the wake of Online Betting Debate

A bill that would increase casino taxes from 12% to 16% has been passed by the Mississippi House Ways and Means Committee Supporters claim that the hike would help make up for the state's losses from unregulated online gambling, according to Mississippi Today Committee Chairman Trey Lamar highlighted the widespread but untaxed presence of online..
1 year ago

Forensic Report Links Bybit’s $1.48B Loss to Safe Wallet Security Flaw

According to a recent investigation into the Bybit incident, hackers took advantage of a security hole in Safe, the exchange's cryptocurrency wallet In what is now regarded as one of the biggest cryptocurrency heists in history, hackers affiliated with North Korea's Lazarus Group stole $148 billion in Ethereum (ETH) from Bybit's wallet late last..
1 year ago

IGT Nears Business Separation After Reporting Lower Revenue

International Game Technology (IGT) reported slight declines in revenue and EBITDA for its last full year as an independent company The company released its financial results, showing a 4% drop in Q4 revenue to $651 million and an 8% decrease in adjusted EBITDA to $290 million Its AEBITDA margin also fell from 46% to 44% IGT pointed to record..
1 year ago