:: Macau overtakes Las Vegas as capital

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Friday, January 26, 2007

Macau overtakes Las Vegas as capital

Macau overtakes Las Vegas as gambling capital of the world. According to published number by the Macau's Gaming Inspection and Coordination Bureau, gambling revenue totaled $6.95 billion in 2006. That number could exceed the estimated $6.5 billion in gambling revenue generated on the Las Vegas Strip in 2006. Many of the Las Vegas hotel casinos have already stated that they are earning more from their hotels, restaurant and entertainment streams than the casino floor. Whereas in Macau, the gambling floors are packed while entertainers play to some empty seats.

Las Vegas isn't really losing out. Some of the newest places in Macau that likely threw them into the top position, are owned by Las Vegas billionaires like Wynn Resorts and MGM Mirage.

more on this news here

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Why AllStays? We're for travelers, not just commissions. No one else links to official websites and provides direct phone numbers. : Travel news and commentary. Stay anywhere on Earth. Friday, January 26, 2007 Macau overtakes Las Vegas as capital Macau overtakes Las Vegas as gambling capital of the world. According to published number by the Macau's Gaming Inspection and Coordination Bureau, gambling revenue totaled $6.95 billion in 2006. That number could exceed the estimated $6.5 billion in gambling revenue generated on the Las Vegas Strip in 2006. Many of the Las Vegas hotel casinos have already stated that they are earning more from their hotels, restaurant and entertainment streams than the casino floor. Whereas in Macau, the gambling floors are packed while entertainers play to some empty seats. Las Vegas isn't really losing out. Some of the newest places in Macau that likely threw them into the top position, are owned by Las Vegas billionaires like Wynn Resorts and MGM Mirage. more on this news here Labels: news posted by - A at 10:07 AM 0 Comments: Post a Comment Links to this post: <$BlogBacklinkTitle$> <$BlogBacklinkSnippet$> <$I18NPostedByBacklinkAuthor$> @ <$BlogBacklinkDateTime$> Create a Link << Home Previous Posts Rich Blood and Bed Bugs Unusual Winter Weather U.S. 40 Avalanche Highway Is Open Colorado Avalanche Closes U.S. 40 RV and Truck Stop Guide Happy New Year! It's 2007 Happy Holidays and Safe Travel Wishes Hype About New Bedding in Hotels Ski resorts celebrate snow Ski Season Opens! Subscribe to Posts [Atom]

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Friday, January 26, 2007