Articles by Erik Gibbs

Melco Resorts & Entertainment has confirmed it is progressing with plans to divest its interest in the City of Dreams Manila integrated resort. The casino operator is currently in discussions with a number of prospective buyers who are reviewing information under non-disclosure agreements.

Penn Entertainment faces a lawsuit from HG Vora Capital Management, an investment firm that accuses the company of breaching securities laws. The lawsuit, filed in the U.S. District Court for the Eastern District of Pennsylvania, challenges a recent decision by Penn to cut the number of board seats up for election from three to two at its upcoming 2025 annual shareholder meeting

The process of legalizing casino resorts in Thailand is facing new delays due to insufficient preparatory work and missteps in public communication. Industry experts expressed concerns during the G2E Macau conference that the legislative process is likely to extend well beyond initial expectations, potentially pushing formal steps into 2027.

The Mashpee Wampanoag Tribe transferred $2.4 million to the city of Taunton, Massachusetts, resolving payments owed to the city since 2021. The payment brings the tribe current on its financial obligations under a Payment in Lieu of Taxes (PILOT) agreement, which was established due to the conversion of taxable industrial land into property designated for future casino development.

A possible legislative effort is underway in Ohio to allow online gambling after Rep. Brian Stewart confirmed that he is developing a bill aimed at legalizing iGaming in the state. His objective is to create a new revenue stream for Ohio by permitting access to casino-style games on mobile devices and personal computers.