How Macau Crushed Vegas Gambling

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Macau just destroyed Vegas with $28.3 billion in annual gambling revenue compared to the Las Vegas Strip's $8.8 billion—a devastating gap of more than 3X. In this eye-opening investigation, we break down exactly how Vegas lost its crown as the gambling capital of the world by abandoning what made it great. While Macau focused on what casinos are supposed to be—pure gambling with 84% of revenue from baccarat—Vegas chased diversification with nightclubs, celebrity restaurants, and a $2.3 billion Sphere. The numbers tell the brutal truth: The Londoner Macao spent $1.2 billion on Phase 2 renovations and saw casino revenue explode 55.7% year-over-year, while Vegas gets 7 million MORE visitors annually yet still gets crushed on gambling revenue. We explore the corporate takeover that killed Vegas's soul, the slot machine culture that replaced real gambling, how mass market baccarat (not VIP) now dominates Macau with nearly 60% of revenue, the resort fees that drove away loyal customers, and the emerging threats from Thailand's Entertainment Complex Bill and Singapore expansions. This is the story of how Vegas bet on becoming Disneyland and lost everything that made it legendary. If you remember when Vegas had class and catered to real gamblers, this video will make you both nostalgic and angry.

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