GBGC Asia claims world’s top 10 casinos

Asia is home to all of the world’s top 10 largest casinos, as measured by gaming revenue (US$), seeing off all the competitors in Las Vegas and Australia. Indeed, eight out of the top 10 casinos are in Macau, with the Galaxy Macau taking the number one spot, some way ahead of the SJM Grand Lisboa in second place.

Singapore’s two integrated resorts, the Marina Bay Sands and Resorts World Sentosa, manage to sneak into ninth and tenth places on the list respectively. The only casino to interrupt Asia’s dominance in the top casinos by GGY was Crown Melbourne in Australia which took 11th place.

The lack of Las Vegas casinos in the top 10 list is a reflection of the different models employed in Macau and Las Vegas. Las Vegas casinos have diversified into other entertainment much more than Macau, which is still heavily focused on gambling. But Macau’s casinos are trying to encourage visitors to partake in other activities during their stay. Global Betting and Gaming Consultants’ list of casinos only takes into account gambling revenues. The total GGY of the world’s top 10 casinos is US$ 33.8 billion, which equates to 22% of the global casino GGY. GBGC top 10 global casinos Receive the GBGC monthly gambling newsletter with our views, industry news and much more. You can unsubscribe at any time.

This site only collects related articles. Viewing the original, please copy and open the following link:GBGC Asia claims world’s top 10 casinos

Latest Articles Popular Articles
Recommended Articles

- YouTube

Enjoy the videos and music you love upload original content and share it all with friends family and the world on YouTube.

12 Most Profitable Casinos in the World

In this article we will take a look at the most profitable casinos in the world. If you want to skip our detailed analysis of the casino and gambling industry you can go directly to the 5 Most Profitable Casinos in the World. After a devastating period during the COVID-19 pandemic the casino industry has …

Wynn Resorts Casino: The Worlds Largest Casino to Launch in Ras Al Khaimah - Imperial Citizenship

Destined to be the largest casino in the world, the 18,500sq m gaming arena is merely a part of Wynn Resorts’ luxury offering. The resort is planned to house 1,500 rooms on the picturesque Al Marjan Island. This ambitious project is already fueling a property boom in Ras Al Khaimah. Leading hospitality brands such as Intercontinental Hotels Group, Movenpick, and Radisson have made their foray into the market, resulting in a staggering 17.5% annual growth rate in hotel supply. This showcases Ras Al Khaimah’s emerging prominence as a tourist attraction. A Catalyst for Economic Growth With the Wynn Resorts Casino project underway, investor interest is buzzing. Off-plan property deals are making waves in the market, influencing secondary market prices, especially in prime projects like Mina Al Arab and Al Hamra. The UAE’s vision is clear: attract over 5 million tourists to Ras Al Khaimah by 2030 through this monumental venture. Regulatory Boost to Inspire Confidence To fortify this new direction, the UAE recently established a Gambling Regulator. This regulatory body aims to bolster investor confidence by allowing commercial gaming operations across the nation. The establishment of the UAE’s first legal casino isn’t just an entertainment initiative; it’s a strategic move to propel the country’s economic progress. By positioning itself as a hub in the Gaming Industry, the UAE continues its tradition of setting benchmarks. Chinese Investors: Betting Big on UAE’s Property Market The upcoming casino launch is creating a palpable excitement among Chinese investors. Their activity in the UAE Property Market has seen a whopping 130% surge. A known fact is that Chinese investors have a penchant for casino and gaming destinations. With the UAE unveiling its first legal casino, the interest of Chinese investors in Dubai’s real estate market has skyrocketed. A majority, 78% to be exact, prefer cash transactions and show a preference for spacious residential units. Conclusion Ras Al Khaimah is positioning itself as the new focal point of tourism in the UAE. The blend of the traditional with the modern, backed by grand projects like the Wynn Resorts Casino, paints a promising picture for the future of the emirate and the UAE as a whole.

# Article Title Keyword Article Link Article Details