With Casino Profits Sky High, Macau Nevertheless Wants to Be More Like Vegas

With Casino Profits Sky High, Macau Nevertheless Wants to Be More Like Vegas

With gaming revenues that dazzle, Macau still would like to emulate the nevada model more

The benchmark for how other gaming destinations wanted to mirror themselves for decades, ‘Las Vegas’ has been synonymous with ‘gambling mecca’ the sine qua non of the casino industry. But in only a few years, Macau the Chinese Special Administrative District which has kept every other casino location in the dust, including las vegas has set a new standard in that regard, and 2013 looks to top the club even higher yet.

Vegas Masters profits that are non-Gaming

While Las Vegas may still have lock on non-gaming revenues with the globe’s most lucrative nightclubs, insanely high-end shopping and premium restaurants Macau is now the hands-down winner into the pure gaming income department, global. And as 2013 draws to a near-close, Macau’s gaming numbers check out once again catapult above not just all rivals including Las Vegas, but also above its very own previous year’s financial influx.

In fact, by just the end of November, 2012’s numbers are already being left in the dirt. With November’s $3.8 billion intake that is gross the Chinese enclave, added to what Macau gamblers brought in for the 10 months prior, the gaming destination is at $40.9 billion for year-to-date, versus 2012’s $38 billion, based on the Macau Gaming Inspection and Coordination Bureau’s recently released figures.

Basically, year-to-date, Maca Read more