(Jamma) When one thinks of casinos and gambling it is almost automatic to imagine Las Vegas, the city that symbolizes these activities in the world. But perhaps not everyone knows that Macao, in China, in 2012 had a turnover of something like 39 billion dollars in this business segment compared to 6,2 billion in Las Vegas. But this is only the tip of the iceberg of that phenomenon which sees Asia projected in 2015 to become the world geographical area with the highest market share for revenues from gambling.
To be precise, in fact, the Asia Pacific area should go from 29,2% in 2010 to 43,4% of the 2015 market share, the United States from 48,9% to 40,1%, Canada from 4,9% % to 3,4%, Latin America from 3,2% to 3,1% and EMEA (Europe Middle East and Africa) from 13,9% to 10%.
If this happens, however, it will not only be due to the exploits of Macao which should also be able to generate revenues from 39 billion dollars in 2012 to 62,1 billion in 2015. Singapore and Manila will also contribute to this overtaking. The first, in fact, has already successfully launched two initiatives in 2010 (Resorts World Sentosa and Marina Bay Sand) which have nearly generated a turnover of 6 billion dollars.
The capital of the Philippines, on the other hand, is even aiming to challenge Macao's supremacy by creating a huge dedicated area in the heart of the metropolis called Enetrtainment City, entirely dedicated to gambling with rigorously separated areas for VIP players and for the mass public, with large super-luxury and three-star hotels and shopping centres. The goal is ambitious: to reach Singapore's turnover within 5 years and by 2030 to invoice what Macao invoices today.
