To compare, gambling in Nevada accounted for a revenue of around 7.87 billion U.S. Macao's casinos generated almost 7.6 billion U.S. Along with Hong Kong, it is one of two Special Administrative Regions in China, both allowing the legalization of gambling. Macao has become an increasingly popular casino location in recent years and, for this reason, is also known as the “Las Vegas of Asia”. Often the choice of casino locations is to do with more relaxed gambling laws and lower tax rates. Las Vegas Sands, whose name lends itself to the contrary, has based over half of its casino properties in Asia (specifically Macao and Singapore). … does not always stay in Vegas – while almost half of the largest selected casino companies globally were headquartered in Las Vegas, the remaining companies were based in Pennsylvania (U.S.), Hong Kong, Australia and Malaysia, respectively. dollars in 2020, its closest competitor being Caesars Entertainment with a revenue of 4.46 billion U.S. It generated a total of 5.16 billion U.S. The extremely successful MGM Resorts was the top-ranking casino company in terms of revenue.
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