The top casino stories of 2016

It’s been a long and largely sucktastic year, so without wasting any more of anyone’s time, here are the top casino stories of 2016:

MACAU BOUNCES BACK

Macau’s casinos broke their prolonged losing streak in August, posting their first year-on-year gaming revenue gains in 26 months. The positive momentum has continued for four months now, offering operators further hope that their long jurisdictional nightmare is finally behind them.

Macau welcomed two new integrated resorts in 2016, and so far the pair have experienced wildly different fortunes. In keeping with Wynn Resorts’ boss Steve Wynn’s penchant for opulence, Wynn Palace was aimed at high-end customers, a demographic that wasn’t yet in short supply when the $4b project began construction several years back. Wynn Palace has to date performed far below expectations, forcing management to make changes to its gaming floor meant to attract more mass market customers.