Macau continues to maintain its reputation as the world’s fastest-growing gambling capital. In April 2014, brought in $3.9 billion which marks a 10.6% increase on the previous month. The city’s gambling revenues continue to swell, and they show no signs of slowing down. As a relatively new market in the gambling world, Macau has surpassed anyone’s expectations for the former Portuguese colony.

In just a few months, the city generates the same amount of revenue that Las Vegas casinos earn in an entire year. As such, it is certainly the most successful gambling capital in the world. It will be quite some time before Las Vegas can catch up. But – Macau may be cutting into profits for Australian casinos. Is the local high roller gambling market in any danger?

Local operators like Echo Entertainment, SkyCity and Crown Resorts have focused their efforts on developing high-roller gambling venues across the country. Their goal is to attract wealthy locals while bringing in tourism from high rollers in Asia, but there are concerns as Macau continues to thrive. Operators wonder if Chinese high rollers may choose to stay home to gambling. However, this may not be the case.

Macau is still the only area in China in which gambling is legal, so there are not very many local options for players – let alone high-rollers. The Philippines is an up-and-comer in the casino resort industry, but Australia’s market is well-established and there are many high-roller gambling venues across the country already.

Local politicians have even negotiated more lenient visa restrictions for Asian tourists who visit the country to gamble. Crown Resorts new high roller gambling venue in Sydney will also attract more business from Asian high rollers. Set to open in 2019, the venue will cater to wealthy individuals and VIP players. It will certainly boost Australia’s profile as a destination for high roller gamblers from around the world.

About the Author

George Anderson
Author George, has over 25+ years’ experience in the Pokies and Casinos industry throughout Australia and New Zealand. Loves to research new Pokies games on the block and follows announcements from top industry providers about their upcoming releases. As soon as a new interesting pokie game appears on his radar, George is there to check it out and give you the scoop before anyone else and tell you about all casino sites where can play the latest game. Before this gig, George worked as Pokie game tester, making him an ideal candidate for this genre of work. He is also an animal lover and a proud owner of three dogs.