Macau is pulling more of these types of Chinese tourists now, and less whales, as profits continue to skyrocket (Image: CNN.com)
Macau now thought to be the #1 gambling revenue locale worldwide has had another record year, with a $45 billion intake in 2013, a number that represents an 18.6 per cent jump through the year prior. And despite the fact that Las Vegas’ improvements from the year before had been really a bit greater than this, percentage-wise, Macau continues to beat out the American gambling mecca with a seven-times-greater input yearly.
But while previous years’ growth had been largely attributed to the mega-wealthy Chinese whales who stumbled on the Chinese unique administrative district to play at opulent casinos including the Venetian Macao or Galaxy Macau, the most recent year’s upswing has been more thanks to the common guy, i.e., China’s middle class and their new access to the neighboring gambling kingdom.
Most credit for this influx regarding the masses goes to an ever-growing rail that is high-speed, as well as a 38 billion yuan (US$6,216,291,171) connective connection that ties together Hong Kong, Macau and Zhuhai on China’s mainland, which has vastly paid down access time to Macau. That reality, in turn, is enabling many more time and brief trip travellers to come and spend their cash at Macau’s gambling enterprises; brand new attractions going up in nearby Hengqin 続きを読む