Macau Gaming Revenues Five Times Those of Las Vegas

by Lou on January 5, 2012

According to a Reuters report issued earlier this week, casino revenue in Macau surged 42 percent in 2011.  The result, a slight slowdown in growth from 2010 when revenue soared a staggering 58 percent, has taken place during a worldwide global economy and credit squeeze.

Macau, a former Portuguese colony located an hour from Hong Kong by ferry and the only place where casino gambling is allowed in China, now has revenues that are five times larger than Las Vegas.

You read that right.  If you thought Las Vegas was big and getting bigger, Macau’s gambling revenues are five times those of Las Vegas.  FIVE TIMES!

There are some differences, however.  Macau’s non-gaming revenue is less than five percent of its total, while Las Vegas’ show, convention, and dining revenues are more than half its total.  But no matter how you slice it, Macau is bigger—much bigger.

I knew Macau generated bigger gaming revenue than Las Vegas, but every time I read a story like this, the impact of the size difference is staggering.  Maybe that’s because we read and talk about Las Vegas on a daily basis, but few of us have been to Macau to see and experience it for ourselves.

Its revenues are five times bigger than Las Vegas.  Yikes!

Comments on this entry are closed.

Previous post:

Next post: