Macau Casinos took in $4.57 Billion in October
Although Las Vegas is known as the world’s gambling capital, Macau is the gambling capital of the world in terms of revenues. Last month, casinos in Macau collected an all-time high of $4.57 billion, smashing the previous record of $3.92 billion set in March and bringing total gaming revenue so far for 2013 to $38 billion which is the total take during 2012.
Las Vegas casinos on the other hand took in $10.8 billion in 2012.
Some of the top casino firms in Nevada – such as MGM Resorts, Wynn Resorts and Las Vegas Sands – all do business in Macau as well.
Macau has more than 30 brick-and-mortar casino properties, with more on the way. MGM is building a massive casino complex on the Cotai Strip.