Macau Casinos took in $4.57 Billion in October

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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.

 

Cotai Strip Macau
Cotai Strip Macau
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