New York Times: Macao Surpasses Las Vegas as Gambling Center. Macao surpassed the Las Vegas Strip to become the world’s biggest gambling center in 2006, measured by total gambling revenue, according to industry analysts and government figures released today.
I suppose this is good news if you own or run a casino in Macao. But, the last time I was in Macao, I just found the place to be utterly depressing. The place offers none of the glitz of Vegas. I walked into one casino and the first thing I saw was the pawn shop with all the watches that people had to leave behind to meeting their gambling obligations.