Casinos in Macau are growing much faster in both gaming related revenue and non-gaming related revenue.
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Galaxy is one of six license holders allowed to operate casinos in Macau, the only place in China where gambling is legal.
If Las Vegas and Atlantic City recover in the U.S., then a new replacement cycle (including the Indian casinos) should boost domestic revenues while new casinos and expansion in Macau and Asia boosts overseas sales.
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With marque casinos propping up in Macau, Singapore, and now the Philippines, there is yet to be a similar foray into India, where the relatively untapped gaming market has proven thus far to be impenetrable for foreign casino operators.
Adelson later gambled on casinos in Las Vegas, Macau and Singapore, and took his Las Vegas Sands public in December 2004.
The Las Vegas Sands Corporation, which owns the Venetian casinos in Las Vegas and Macau, opened Marina Bay Sands in Singapore in April.
Adelson, who owns casinos in Las Vegas, Macau and Singapore, began this campaign season as a major donor to Newt Gingrich before Gingrich dropped out of the Republican presidential race.
Adelson later gambled on casinos in Las Vegas, Macau and Singapore, and took his Las Vegas Sands (nyse: LVS - news - people ) public in December 2004.
Recent year-over-year revenue growth for Macau casinos are in excess of 50%.
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Ho now controls all of the casinos and most of the real estate in Macau, as well as the hydrofoils that ferry gamblers the 37 miles from Hong Kong.
American casinos insist that they strictly adhere to laws in Macau and the United States to prevent money laundering and the involvement of organized crime.
Aside from tiny operations in China (to make gaming electronics for Macau casinos) and Canada (mainly scoreboards), this is the first big manufacturing expansion outside of Brookings.
In fact, Macau draws so many punters that casinos are literally rising from the sea: the Venetian and the Plaza anchor a development known as the Cotai Strip, built on a five-kilometre piece of reclaimed land that links the two Macanese islands of Coloane and Taipa.
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Las Vegas Sands makes the bulk of its earnings in Macau, the world's biggest gambling market and the only Chinese territory where casinos are allowed, and Singapore.
However, poker is strictly a minority taste as Macau casinos prefer popular games like baccarat that generate higher revenues, although Yu argues poker brings in a more sophisticated crowd that will stay to shop and dine at resorts.
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