According to a report by J.P. Morgan, China\’s legal gambling hub generated $5 billion in revenue in 2004.
Those figures, the report said, “put it on par with Las Vegas casinos,” which last year generated gambling revenues of $5.3 billion.
J.P. Morgan projected that Macau could surpass Las Vegas as the world\’s largest gambling market by the end of the decade. Macau would generate more than $10 billion in annual gambling revenue within the next four years, “roughly the equivalent” to Atlantic City and Las Vegas combined.
Calculators
