Financial Times FT.com

Private equity

Macao revenues outstrip Las Vegas

By Tom Mitchell in Hong Kong

Published: December 19 2006 00:16 | Last updated: December 19 2006 00:16

Macao has finally turned the tables on Las Vegas, overtaking the desert city’s iconic strip as the world’s largest gaming market.

Gross gaming revenues in the former Portuguese enclave on China’s south coast reached US$5.51bn over the first 10 months of this year, according to figures compiled by the territory’s Gaming Inspection and Co-ordination Bureau. That surpassed the Las Vegas Strip’s total of $5.44bn over the same period.

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