Skip to comments.Macau's casino jackpot hits new heights as 2013 revenues reach $45 billion
Posted on 01/03/2014 6:11:34 AM PST by Cringing Negativism Network
Analyst Grant Govertsen of Union Gaming Research estimates Macau's take would be more than seven times the amount earned on the Las Vegas Strip.
(Excerpt) Read more at foxnews.com ...
People, China is walking away with the future.
Bring back American capital.
I’m not surprised as gambling is one of the few financial pleasures and loopholes allowed by the government.
I read that wealthy Chinese are buying casino chips and storing them in Macau safe deposit boxes.
Different rules, different outcomes; but we are heading in that direction.
Cannot compare Macau to Vegas. Vegas has a possible draw of 1 billion people within a 3000 mile radius. Macau has about 5 billion.
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