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The Money Lost at Macau Table Games Will Shock You


The Money Lost at Macau Table Games Will Shock You

Macau is by far the biggest gambling market in the world, generating $31 billion in gambling revenue over the past year, compared to just $6.5 billion on the Las Vegas Strip. And Macau's casinos aren't filled with slot machines as Las Vegas' are. The region got 87% of its gambling revenue from baccarat in 2016. Sixty-one percent of that baccarat play was in VIP rooms reserved for high rollers. 

The sheer volume of gambling and the government's limits on casinos and table games, which currently stands at 6,413, means the average table game generates $4.8 million in revenue each year. And some casinos make far more than that from each table. 

Image source: Getty Images.

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Source: Fool.com

Melco Crown Entertain. ADR Stock

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