LONDON--(BUSINESS WIRE)--Asia comprises of sixty percent of the world population and with a limited supply of gambling facilities it must come as no surprise that of the world’s biggest casinos by gambling revenue are located in Asia. The casinos of Macau and Singapore occupy all of the top ten place. They have beaten all the casinos of Las Vegas and Australia according to the Isle of Man based Global Betting and Gaming Consultancy (GBGC)
| The World's Top Ten Casinos (ggy) | |||||||||||
| 2014 | |||||||||||
| Casino | US$ billion | Location | |||||||||
| 1. Galaxy Macau | 5.85 | Macau | |||||||||
| 2. SJM Grand Lisboa | 3.82 | Macau | |||||||||
| 3. City Of Dreams | 3.72 | Macau | |||||||||
| 4. Wynn Macau | 3.59 | Macau | |||||||||
| 5. Venetian Macao | 3.55 | Macau | |||||||||
| 6. MGM Macau | 3.24 | Macau | |||||||||
| 7. Star World | 2.87 | Macau | |||||||||
| 8. Sands Cotai | 2.8 | Macau | |||||||||
| 9. Marina Bay Sands | 2.57 | Singapore | |||||||||
| 10. Resorts World Sentosa | 1.76 | Singapore | |||||||||
Crown Melbourne at $1.47 billion was nudged into eleventh place by Resorts World Sentosa (10th) but 12th Genting Highlands,13th Sands Macau, and 14th Kangwon Land from South Korea are all located in Asia.
The top casino on the Vegas strip is the Wynn at US$0.69 billion. In many respects the comparisons are not fair because Las Vegas has diversified its product mix towards entertainment, food and beverage where the split is probably 55% entertainment and 45% gaming.
However the United States is still the largest casino market in world.
|
Casino Gambling by Country |
US$ millions |
||||||
|
1. US |
62,161 |
||||||
|
2. Macau |
45,150 |
||||||
|
3. Canada |
7,304 |
||||||
|
4. Singapore |
4,110 |
||||||
|
5. Australia |
3,995 |
Some thirty nine states have casino gambling of some kind and twenty states have big stand alone casinos.
Singapore with only two casinos is the fourth largest casino country by gambling revenue in the world. Marina Bay Sands and Resorts World Sentosa occupy ninth and tenth position as the world highest grossing gambling casinos.
Warwick Bartlett, GBGC’s Chief Executive said “By contrast the entire casino industry of the United Kingdom produce a gross gaming yield of US$1.8 billion which would place all 146 casinos in only tenth position in the global top ten! Perhaps the time has come for the UK to review its archaic casino regulation and recognise that gambling tourism, particularly in London could become a major source of revenue for the UK”.
