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China Considers Legal Gambling On Island The Size Of Switzerland

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China is considering a proposal to allow gambling on Hainan Island, an island roughly the size of Switzerland. This would be an unprecedented move that could reshape gaming in China’s territories and potentially limit capital outflows. Currently, it is against the law to open casinos, organize gambling, or profit from it anywhere in China except Macau and Hong Kong.

The proposal is being considered by government agencies under a party reform group headed by President Xi Jinping. It would allow for online gaming, a lottery, or sports betting on Hainan Island. The potential move has been dubbed “China’s Hawaii” due to its beautiful beaches and could directly threaten the $33 billion casino industry in Macau.

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