Macau crosses Vegas as world's biggest gaming hub
Skift Take
Las Vegas' problems during last recession was symptomatic of the larger malaise in U.S., and it is still recovering, while Macau, while going through a bit of a slowdown, still has the huge Chinese pipeline coming.
Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion, as the Asian gambling hub reinforced its position as the world's biggest gambling market.
Gross revenue from Macau's 35 casinos also hit a monthly record in December, rising 20 percent to 28.2 billion Macau patacas ($3.5 billion), according to data posted on the Gaming Inspection and Coordination Bureau on Wednesday.
But gambling revenue growth eased off in 2012 from the year b
