table of Contents
Macau vs Las Vegas
The publication of new monthly earnings reports in Macau and Las Vegas offers a comparison of the results of these great centers of the game. The Chinese enclave earned $760 million more than Las Vegas casinos in Maybut Macau has room to grow.
For Nevada, it was a lucrative month, with revenue increasing 3% to $1.16 billion. Of them, 995 million corresponded to Clark County, where the famous Las Vegas Strip is located. Gaming machines contributed 389.4 million, 8% more. blackjack showed a positive trend with $74.1 million in revenue, up 6%.
This delay is partly due to the decrease in Macau’s share of the Asian VIP player market, which fell from 66% to 41%. At the same time, its main competitor, Singapore, recorded growth in this segment, from 8% to 21%. Relevant information was presented at G2E Asia.
Macau, for its part, recorded a 366% year-on-year increase in May revenue. The amount amounted to 1,920 million dollars. YesHowever, the numbers are still below pre-pandemic levels. In 2019, Macau’s revenue was 36 billion dollars. This year, the annual figure is expected to be 16 billion dollars.
Details of the changes in the financial results of the two global gambling centers over the past three years are related to the reaction of local governments to the coronavirus pandemic. In the United States, Las Vegas casinos were able to increase their operations once the vaccination began to bear fruit. China opted for a policy of strict restrictions, which made Macau lost income and affluence for several years.
Telegram
