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Macau is 3 times larger than Vegas by gambling revenue, peaking at 7 times larger in 2014. Home to more than 35 casinos which operate under 7 concessions.
Consistently having one of, if not the highest GDP’s per capita, Macau’s economy grew at an insane 80% in 2022-23, registering one of the highest economic growth rates in the world.
The former Portuguese colony has become wealthier than Hong Kong, Singapore or Dubai, all through gambling!
#Macau #vegas #China #Casinos #Macao
-- TIMESTAMPS --
0:00 Intro
2:29 Why does Macau even exist?
4:06 How did Macau get into gambling?
6:09 Tycoons role in Macau's gambling?
13:39 Outside impacts on Macau?
15:37 How China made Macau bigger than vegas
19:01 Who paid the price for Macau's success?
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2024/06/21
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