Macau casinos hit jackpot with $45B revenue
AP January 2, 2014, 9:13 pm
The tiny Chinese city of Macau has again smashed its annual record for casino earnings as revenues last year hit a staggering $US45 billion ($A50.74 billion).
The money earned cemented Macau's position as the world's biggest gambling market.
Gambling regulator data released on Thursday show that Macau's three dozen casinos raked in 33.5 billion patacas ($US4.2 billion) in December.
That brought revenue for 2013 to 360.8 billion patacas ($US45 billion), up 18.6 per cent from the year before.
Analyst Grant Govertsen of Union Gaming Research estimates Macau's take would be more than seven times the amount earned on the Las Vegas Strip.
