A Tale of Two Sin Cities
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Reopening from a worldwide pandemic was always going to be a risky bet for Las Vegas and Macau, the world's two largest gambling hubs. New government data released on Monday shows that one city's roll has come up snake eyes, while the other is cashing in more chips than ever.
In Macau, the Chinese gambling Mecca, games of chance accounted for 80% of the government's tax income and 55.5% of the city's GDP before the pandemic hit. Nowadays, the go-for-broke mentality is just, well, broke.
Source Fool.com
