Gross revenue from gaming and gambling in Macao 2013-2023
Published by
,
This statistic shows the gross revenue from gaming and gambling in Macao from 2013 to 2023. Gambling in Macao's casinos has recovered significantly from its COVID-19 slump and generated around 183.7 billion Macau patacas in 2023.
In 2023, there were 30 casinos in Macau. Within these casinos, Baccarat generates the most revenue among the games of fortune. The card game, which is a variation on standard poker, brought in about 13.3 billion U.S. dollars in 2023.
How big is Macau's gambling industry?
Macau, along with Hong Kong, is one of two Special Administrative Regions in China. Gambling in Macau, which was legalized in the 1850s, makes up a large portion of the region’s economy. Revenue from gaming and gambling there exceeded 29 billion U.S. dollars in 2019. To put this into perspective, gambling revenue in one of the most famous gaming centers in the world, Las Vegas, generally reaches around eight billion U.S. dollars annually. The majority of gambling revenue in Macau is generated from games of fortune, including poker, baccarat and roulette, among others.Inside the Asian "Las Vagas"
The success of the gambling industry in Macau has attracted casino companies from around the world. One of these companies includes Las Vegas Sands, one of the leading casino companies worldwide in terms of revenue. Sands, which was founded in Las Vegas in 1988, generates the largest share of its revenue from its properties in Macau.In 2023, there were 30 casinos in Macau. Within these casinos, Baccarat generates the most revenue among the games of fortune. The card game, which is a variation on standard poker, brought in about 13.3 billion U.S. dollars in 2023.
