$100bn predicted for Macau

Michael Leven, president and COO of Las Vegas Sands, thinks the gaming market in Macau could grow to hit gross gaming revenue of US$100bn a year.

In 2012, Macau’s casinos reported gross gaming revenue of $37.3bn. Leven said: “It will continue to grow because as income grows in the mainland it’s going to continue to feed people into Macau. There’s no risk that they won’t have considerable growth.”