Las Vegas strip. Image source: Getty Images.
The gambling industry has been an interesting place over the past few decades. The rise of Las Vegas, boom and bust of Atlantic City, recent unstable growth in Macau, and a changing consumer and economic landscape have led to volatility for companies such as Wynn Resorts (NASDAQ: WYNN) , Las Vegas Sands (NYSE: LVS) , and MGM Resorts International (NYSE: MGM) that are the biggest players in this sector. Here are some mind-boggling stats that shed light on what’s happening in the industry now.
1. Macau’s gambling revenue is 3 times that of Las Vegas
Macau has a rich history, from being a Portuguese-owned trading p…
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