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
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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