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Wednesday, June 8, 2011

Soon Vegas Won't Even Be The Second Biggest Gambling Market In The World




las vegas

The Las Vegas gambling market was passed by Macau in 2006. It will fall behind Singapore this year, the American Gaming Association tells Vegas Inc.


Vegas raked in $5.8 billion last year. But it is a mature market with little growth potential, especially as Asian high rollers jump ship.


Singapore earned $5.1 billion in gambling revenue last year and is projected to earn $6.4 billion this year.


Macau is in a league of its own, with $23.5 billion in revenue last year and yearly growth of 25 to 50 percent.


Meet the six companies that own Macau >


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Full story at http://feedproxy.google.com/~r/businessinsider/~3/3rRKroNJ9Z8/second-biggest-gambling-market-2011-6

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