Betting on the future What Macau’s experience can teach Las Vegas Jason Bracelin and Richard N. Velotta, Las Vegas Review-Journal · April 18, 2020 at 2:44 pm Far from home is what home may soon look like. Macau and Las Vegas — two cities separated by an ocean, united by an industry. They rank as the first- and second-largest gambling markets in the world, respectively, their combined revenues totaling over $40 billion in 2019, a number destined to plummet in 2020 because of tourism-decimating coronavirus fallout. While local casinos will remain dark at least through April 30, some of their Macau counterparts opened their doors at midnight Feb. 20 after a 15-day shutdown, providing a glimpse of what the future may hold for Las Vegas. It won’t be an overnight bounce-back, if Macao is any indication.
