Skift Take
Las Vegas' problems during last recession was symptomatic of the larger malaise in U.S., and it is still recovering, while Macau, while going through a bit of a slowdown, still has the huge Chinese pipeline coming.
Casino revenue in Macau climbed 13.5 percent last year to a record $38 billion, as the Asian gambling hub reinforced its position as the world's biggest gambling market.
Gross revenue from Macau's 35 casinos also hit a monthly record in December, rising 20 percent to 28.2 billion Macau patacas ($3.5 billion), according to data posted on the Gaming Inspection and Coordination Bureau on Wednesday.
But gambling revenue growth eased off in 2012 from the year b
