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Macau's casino revenues rose 13.5% to $38B in 2012, cementing the status of the Chinese special...
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Wednesday, January 2, 6:07 AM ETMacau's casino revenues rose 13.5% to $38B in 2012, cementing the status of the Chinese special administrative region as the world's largest gambling hub. However, growth fell from 42% in 2011, due to China's slowing economy and the presence of fewer high rollers amidst a crackdown on corruption. Major Macau operators include Las Vegas Sands (LVS), Wynn Resorts (WYNN) and MGM (MGM).
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