{"id":5769,"date":"2012-03-06T20:30:43","date_gmt":"2012-03-06T20:30:43","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=5769"},"modified":"2012-03-06T20:30:43","modified_gmt":"2012-03-06T20:30:43","slug":"macau-worth-us50-billion-by-2017","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/macau-worth-us50-billion-by-2017\/","title":{"rendered":"Macau worth US$50 billion by 2017"},"content":{"rendered":"<p>THE glitzy gaming market in Macau could total up to a staggering US$50 billion (MOP400 billion) by 2017. According to a report in macaubusiness.com and Jim Murren, the co-chairman of MGM China Holdings Ltd. the resort could race well ahead of Las Vegas. It would also symbolize a yearly increase of 7%.<\/p>\n<p>The macaubusiness.com reported: \u201cFor the whole of last year, local casinos recorded total gross gaming revenue of MOP268 billion, up by 42 percent. For the first two months of 2012, Macau\u2019s casinos reported gross gaming revenue of MOP49 billion, up by 28 percent. In an interview with CNBC, Mr Murren said the Macau gaming market is already worth MOP280 billion.\u201d<\/p>\n<p>Will Macau casinos continue to crush their competitors?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE glitzy gaming market in Macau could total up to a staggering US$50 billion (MOP400 billion) by 2017. According to a report in macaubusiness.com and Jim Murren, the co-chairman of MGM China Holdings Ltd. the resort could race well ahead of Las Vegas. It would also symbolize a yearly increase of 7%.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,23],"class_list":["post-5769","post","type-post","status-publish","format-standard","hentry","category-gaming","tag-gambling","tag-gaming-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Macau worth US$50 billion by 2017 - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/macau-worth-us50-billion-by-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macau worth US$50 billion by 2017 - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"THE glitzy gaming market in Macau could total up to a staggering US$50 billion (MOP400 billion) by 2017. According to a report in macaubusiness.com and Jim Murren, the co-chairman of MGM China Holdings Ltd. the resort could race well ahead of Las Vegas. 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