Tag: Casinos

14 SEP

Macau is home to 41 casinos, and every single one of them is up for a license renewal that could change the future of Asia’s Las Vegas

Aerial view of Macau city leungchopan / Getty Images All 41 of Macau's casinos are up for license renewals, due September 14. At pre-pandemic levels, Macau's $ 36 billion gaming revenue accounted for 70-80% of the annual GDP. The extension of the operating license from June to December cost each casino $ 5.7 million. With […]

11 SEP

Casinos, Native American tribes, and Major League Baseball are betting the most money ever on 2 competing California ballot initiatives. Neither Democrats or Republicans seem to care.

California voters will face two sports betting propositions on the ballot this fall. Kathryn Scott Osler/The Denver Post via Getty Image California voters will face two propositions on the ballot relating to sports betting this fall. Proposition 26 is aimed at in-person betting on tribal lands, while Proposition 27 is focused on online gaming. The […]