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Macau Casino Revenue Eclipse Las Vegas

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Macau has been described as Asia's Las Vegas, but a researcher says that in terms of casino revenue -- both reported and unreported -- the former Portuguese colony's clubs have eclipsed Las Vegas Strip resorts.

Merrill Lynch casino analyst Sean Monaghan, speaking at the 13th International Conference on Gambling and Risk-Taking which ended Friday, said the reported $5.6 billion in revenue for Macau casinos has been compared to a similar win by Strip resorts in fiscal 2005.

May 31, 2006
Posted By Hector Rodriguez
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