Categories: Casino News
| Published On Sep 16, 2013 7:00 am CEST  |  Updated on May 2, 2021 1:01 pm CEST | By iGaming Team

Casino boats competing with Macau

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Macau has become the world’s biggest casino hub because of (mainly) unlimited demand from mainland China. This demand has driven up prizes of hotels and resorts even above Las Vegas prizes. The solution is simple, many people are flocking to casino boats which are cheaper, have fewer visa requirements and are less controlled by the government. Macau casinos brought in $38 billion in revenues. These casino boats want to take as much of that revenue as possible.

One such casino boat company is Success Universe, which doubled its profits to $277,000 within just 6 months. According to casino boat owners the situation benefits all. Mainland casinos can barely keep up with demand which drives the casino boats to flourish. Macau, which is half the size of Manhattan, attracted 14 million tourists in the first 6 months of the current.