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


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

Montana Lawmakers Vote Against Bitcoin Investment Proposal

Montana lawmakers rejected a proposal that would have allowed the state to invest in Bitcoin as a reserve asset The bill, which aimed to create a special revenue account for investments in digital assets and precious metals, failed by a narrow margin Forty Republicans and one Democrat supported the legislation, but 41 Democrats and 18 Republicans..
1 year ago

Bitcoin Crash Wipes Out $1 Billion as Traders Face Liquidations

Bitcoin’s price fell sharply to just above $86,000, triggering over $106 billion in liquidations across the crypto market Long traders took the biggest hit, with losses reaching $873 million, according to Coinglass data from February 26 Open interest dropped 5%, reflecting a wave of deleveraging, while exchange inflows climbed 142%, suggesting..
1 year ago

Dubai’s Crypto Regulator VARA Plans New Rules on Large Holders

New rules that force cryptocurrency companies to reveal the identity of significant token holders will be introduced by Dubai's Virtual Assets Regulatory Authority (VARA) Enhancing transparency and safeguarding investors in the city's growing virtual asset market are the goals of the program VARA Seeks Greater Transparency in Crypto..
1 year ago

Fresno State and NCAA Investigate Men’s Basketball Team Over Gambling Allegations

In response to claims of possible connections to sports gambling, Fresno State and the NCAA have opened an inquiry into the men's basketball program An ESPN story claims that the investigation was sparked by a tip, which resulted in internal reviews and NCAA participation Two players have already been suspended as a result of the probe, while..
1 year ago

Michigan iGaming Revenue Hits Record $248.2M in January 2025

According to the Michigan Gaming Control Board (MGCB), the state's iGaming industry generated $2482 million in January 2025, setting a new monthly revenue record In comparison to January 2024, this is a 365% increase The state made $3312 million from online sports betting and iGaming, a 443% rise from the previous year This increase took place..
1 year ago

Key Entain Executives Resign as AUSTRAC Pursues Legal Action

As it deals with legal action from the Australian Transaction Reports and Analysis Centre (AUSTRAC), Entain, a prominent player in Australia's gambling sector, is going through major leadership changes A number of executives have left the company after the regulator accused it of violating anti-money laundering and counter-terrorism financing..
1 year ago

SEC Closes Robinhood Investigation Without Taking Action

One of the most well-known retail trading platforms, Robinhood, is the subject of an inquiry that the US Securities and Exchange Commission (SEC) has chosen to end The agency's Wells Notice, a formal warning of possible enforcement action, was sent to the corporation almost a year prior to this judgment In a recent announcement, Robinhood..
1 year ago

Brian Armstrong Sees Memecoins as a Sign of a Tokenized Future

Brian Armstrong, CEO of Coinbase, thinks memecoins are more than a passing fad According to him, they are a precursor to a broader trend toward the tokenization of digital assets, culture, and identity In a recent CNBC interview, Armstrong discussed how memecoins highlight a shift where more aspects of everyday life—such as votes, identities,..
1 year ago

Virginia Police Recover $1.4M in Cryptocurrency from Fraudulent Investment Scam

$14 million worth of cryptocurrencies connected to a sophisticated "pig butchering" fraud has been seized by Loudoun County, Virginia, authorities The recovery was confirmed by the Loudoun County Sheriff's Office, making it one of the biggest crypto-related seizures in the state Sheriff Mike Chapman underscored the department’s dedication to..
1 year ago

Riot Platforms Reports Record-Breaking Financial Growth in 2024

A pioneer in Bitcoin mining, Riot Platforms, Inc (NASDAQ: RIOT), has revealed outstanding financial statistics for 2024 The business made a record $3767 million in revenue and $1094 million in net profitability These successes were emphasized by CEO Jason Les, who pointed out that they occurred in spite of the Bitcoin network's halving in April..
1 year ago

Pagcor Praises Key Role in Philippines’ Exit from FATF Grey List

The Philippines has taken a major step to improve its anti-money laundering procedures by being removed from the Financial Action Task Force's (FATF) gray list Alejandro Tengco, chairman and CEO of Philippine Amusement and Gaming Corp (Pagcor), highlighted the regulator's contribution to this accomplishment and promised to keep working to stop..
1 year ago

Bally’s Considers Investment in Star Entertainment During Financial Crisis

Bally's Corporation, a casino operator based in the United States and owned by Standard General, is considering investing in Star Entertainment, a struggling gaming business in Australia Bally's management, including Chairman Soo Kim, recently traveled to Australia to hold talks with Star's executives, bankers, and significant shareholders,..
1 year ago

Court Dismisses Potawatomi Tribe’s Lawsuit Against Waukegan Over Casino License

Waukegan, Illinois, and the Forest County Potawatomi Community have reached a settlement in a long-running court battle According to the Chicago Tribune, the tribe's lawsuit contesting the city's casino licensing decision was dismissed by the US Court of Appeals for the Seventh Circuit The nearly six-year struggle is probably over with this..
1 year ago

Missing Gold at Fort Knox? Robert Kiyosaki Predicts Chaos and Dollar Crash

The well-known author of Rich Dad Poor Dad, Robert Kiyosaki, has expressed fresh worries about the state of the American economy On February 22, he conjectured about the potential of missing gold reserves at Fort Knox in a post on X (previously Twitter) “What if What if Trump finds gold in Ft Knox is missing” Kiyosaki wrote “I doubt gold is..
1 year ago

Coinbase Prepares for SEC Lawsuit Dismissal as Decision Nears

Coinbase announced on February 21 that the US Securities and Exchange Commission (SEC) is expected to dismiss its lawsuit against the crypto exchange it started back in 2023 (!) Analysts at HC Wainwright & Co called the development a major win for both the company and the broader crypto industry The lawsuit, filed in June 2023, accused..
1 year ago