Nevada’s gambling revenue increased by 9.6 per cent for the last month of 2013 in comparison to that of the same period in 2012. While there were losses in the state’s gambling income it still indicated an upward trend compared to the much higher losses in the previous three years. At just above 11 billion dollars in gaming revenue for the whole of 2013 which represents an increase on 2012, Nevada has managed to keep its head above water yet the 2013 total income is only a quarter of the amount brought in from casinos in Macau.
The Las Vegas Strip casinos face competition from land based casinos in other states but also from online gambling which at the moment is only legal in Nevada, Delaware and in New Jersey. While Macau does face a certain amount of competition from casinos in Singapore and the recent plans to develop casino resorts in Vietnam, Cambodia and South Korea, it is the only Chinese territory where casinos are legal and so it attracts the huge Chinese market.