Articles by Erik Gibbs
China President Xi Jinping has officially sworn in Macau's newest chief executive, former top judge Sam Hou Fai, as the city's transition continues. Macau's casino operators are expected to move away from being solely casino operators in favor of a more diverse economic landscape.
The Nevada Gaming Commission has agreed to a proposal that will see the Virgin Hotels Las Vegas casino management change hands. The change comes amid a prolonged workers strike and financial difficulties.
Despite numbering less than three dozen, Macau's casino junkets still provide the government with a significant source of revenue. The government expects to see a 233.3% year-on-year increase in tax revenue from junket-related activity in 2025.
New Hampshire now has its 12th charitable casino, the Revo Casino and Social House in Lebanon, which opened on December 18. Another charitable casino, Concord Casino, remains closed and still doesn't have a new owner.
Japan has added new members to its Casino Regulatory Commission, the agency that will oversee integrated resorts in the country. The Osaka integrated resort is now under construction, and will be open sometime in 2030.