Macao's monthly records this year alone: 52% (June), 48% (July), and 57% (August), which were reported by Macau's Gaming Bureau.
Gamblers flock to the former Portuguese colony of Macau rakes in more money from gambling than Las Vegas. Macau's casino revenue quadrupled in 2010, growing 60% to reach $23.5 billion. In 2011, the sky is the limit, possibly exceeding $40 billion?
By contrast , Las Vegas has been shrinking, casino closings, massive losses in revenue, decline in jobs, wages, and housing - revenues now around $468.5 million. Steve Wynn, the wizard of Vegas has moved officially to Macau, his business now HQ'd in Macau.
Las Vegas will soon be the USA first and largest urban ghost town, a shadow in the desert. Obama got his way, customers are going elsewhere now.
Related:
MGM Resorts Plans Bellagio, MGM Grand Hotels In Mumbai, India
Macau Gaming Revenues Hit Record $3.36 Billion In October
