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China’s ‘Las Vegas’ is leaving billionaires behind in favor of the rising middle class — see inside the $3.4 billion mega-casino leading the charge

MGM Cotai

  • The gambling capital of the world is Macau, an autonomous region in China, with gaming revenues more than three times that of Las Vegas.
  • The city made its name catering to high-spending VIPs from China, but casino giants have had to change their strategy due to a corruption crackdown and directives from the Chinese government.
  • MGM China opened its new $3.4 billion mega casino-resort earlier this year to appeal to China’s rising middle class, with a $100 million theater, priceless art, and a high-end spa, among other features.
  • I visited the resort recently. It was clear that gambling was hidden away read more >>>

    Source : BusinessInsider.Com





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