Centre of economy, shifting from west to east – Hongkong, Macau Tour Packages from Gujarat

By Flamingo Transworld on Nov 12, 2013
Themes:  Interesting Facts  Luxury  | Category: Things To Do | Country:  Hong Kong Macau

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k8u. We all know Las Vegas was ones the biggest Gambling hub on this Earth.

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Las Vegas, Nevada

 

But today Macau has overtaken Las Vegas. Macau has almost 40 casinos, more than one per 1km.

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Venetican Macau

 

The chart, reproduced from The Economist, shows betting revenues in the top gambling destination worldwide.

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Macau is ahead on revenue by a considerable distance and easily tops list for dollars spent per visitor.

 

Macau money: This chart – taken from The Economist – shows how much more revenue Macau makes compared to Las Vegas.

 

On average, gamblers lay down $1,354 in Macau casinos compared to just $156 in Las Vegas.

 

 

The reason for this is the coming together of two factors – the rapid expansion of China’s wealthy middle and moneyed classes, and that country’s insatiable appetite for a flutter. Macau is the only part of the vast country in which gambling is legal. Macau is known worldwide as “Monte Carlo of Orient” as the economy relies heavily on gambling.

 

Between 2008 and 2012, Macau’s gambling revenues grew by a whopping 29 %  a year on average.

 

Macau is predicted by experts to become the first $100billion gambling market thanks to improved links to the Chinese mainland – including a planned 30 mile road bridge connecting it to it’s sister Hong Kong – as well as capacity expansion at border-control to reduce waiting times to enter.

 

Macau has 33 casinos of which biggest is Venetian Macau.

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Waterway emulating Venice at the Venetian Macau

 

23 casinos are located on Macau Peninsula & 10 on Taipa Island. Some of big and famous casino’s are

·         Casino Lisboa

·         Wynn Casino

·         Sands Casino

·         The Galaxy

·         The MGM

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The Galaxy Casino
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The MGM Casino

Let us know your travel wish and leave it to us for planning your most memorable travel. Visit www.flamingotravels.co.in for more details for Hongkong Tour Packages and Macau Tour Packages.

 

 

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