Macau Gambling

Macau's economy is based on tourism and gambling, like its counterparts in the United States - Las Vegas and Atlantic City. These three places, combined generate more revenue than games of chance that the total market capitalization of Bank of America and U.S. Bank combined, in fact, they are not even close.

Here we look at key statistics in the "terrible three platforms of the game"

Vegas

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In Las Vegas has long been the game's hub world. high-end casinos, unparalleled service and a wide variety of entertainment options have kept the tourists to come back to Vegas year after year. Featured properties include casinos operated by MGM Mirage Inc., Harrah's Entertainment Inc., Las Vegas Sands Corp. and Wynn Resorts Ltd.

At close to $ 6.5 billion gambling revenues in Las Vegas alone and 12 billion dollars in total in the State of Nevada, which includes the city of Reno, a smaller center play, he has no doubt sheet bars The game world of the location, even though Macao has exceeded Las Vegas in the last year as a hub of world gambling.

Las Vegas economy as a whole, which includes revenues from tourism, gaming, entertainment and a host of other small businesses including conventions, revenues have been increasing year after year by 6.5% and is about $ 110 billion today and is expected to reach $ 155 billion in 2012. No other place comes close to that number.

2008, however, was slower than usual, mainly because the overall economic slowdown in the U.S. because of the subprime crisis.

Atlantic City

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Atlantic City casinos and has11 was the hub into the second position in the United States for several decades. But research shows that 2007 will be the first year for the decline in revenue, due to the strong competition in the gaming industry.

Many casinos old who were there in Atlantic City were closed. Trump Marina Hotel Casino had the biggest drop of $ 11.8 million and recently Trump decided to sell this distance as well. new casinos have started coming up well and it is difficult at this moment what the future of Atlantic City would be.

Casinos total turnover fell by 2.9% compared to 2006, but the decline in slots revenue was even sharper at 7.2%. The smoking ban, the state imposes additional taxes, competition from casinos in neighboring states and the global economic slowdown has contributed to the slowdown. Despite these losses, Atlantic City generated $ 4.94 billion in gambling revenues in 2007, still a very strong in the United States. With new casinos coming and the closure of the loss of those old-produce, Atlantic City seems to be ready for a return. Only time will tell.

Macao

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Gambling revenue in the enclave totaled 55.9 billion patacas in 2006, which includes revenues from lottery and race even if most booming came from the casino floor.

This may exceed $ 6.2 billion generated by the Las Vegas Strip. Gambling revenue in the enclave totaled 55.9 billion patacas (6.95 billion dollars) in 2006. VIP revenue was higher, but the mass market was slightly lower.

At the end of 2006 Macau has 24 casinos operating 2,762 gaming tables and 6,546 slot machines. In early 2007, with the increase in gambling revenue from 22% to U.S. $ 6.95 billion, Macau has overtaken Las Vegas to emerge as the world's # 1 gaming destination

The success story of Macau may be due to the fact that visitors to areas near the mainland China to show more interest in the game over to the Americans in Las Vegas, whose people are not that i.