"Forget about Las Vegas and Atlantic City. Macau has cemented its status as the undisputed heavyweight champion of the gambling industry."
"The Chinese territory reported gambling revenue of 360 billion patacas ($45 billion) for 2013, an increase of almost 20% over the previous year.
If that sounds like a lot of cash, it is. Las Vegas will be lucky to make $6.5 billion, or 15% of Macau's total. Atlantic City's haul is likely to be even lower.
The former Portuguese outpost has been gaining momentum for years, fueled by a loosening of regulations and a Chinese populace that is eager to gamble. When restrictions on foreign operators were lifted in 2002, new casinos opened in droves as international firms joined the rush. ...........
..... read more here: http://money.cnn.com/2014/01/06/news/macau-casino-gambling/
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Jeanette Loff, Robert Armstrong, and Carole Lombard (l to r) in "The Racketeer" (1929).
http://www.antiquegamblingchips.com/StillsC_FemaleStars.htm
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