The city of Macau has had a quick rise to fame within the casino gambling industry over the past decade. What was once a monopoly held by casino tycoon Stanley Ho, has turned into the largest gaming market in the world.
The revenue figures have been released for 2013, and what was once a small gap between Macau casinos and the next largest worldwide market, Las Vegas, has grown to never before seen gaps. Macau casinos brought in $45 billion, a figure even gaming companies could only have dreamed about five years ago.
Macau has not only surpassed Las vegas in terms of overall gaming revenue, but for the first time in history, the city outpaced the entire US casino market. The approximately 12,000 casinos in the US brought in $37.3 billion in 2013. The US figures do not count tribal casinos that are operated on reservations and not regulated by individual states. More