Gaming-markets comparison
Our estimate of US$3.2 billion normalised gaming revenue in 2010 puts Singapore at around 23% of Macau’s 2008 revenue (US$14 billion), 53% of that of Las Vegas Strip (US$6 billion), three times the Malaysian gaming market (US$1 billion), and about 3 times that of Melbourne (US$1.2 billion) and 5 times that of Sydney (US$0.6 billion). We do not include Japan in the chart below as its gaming market comprises mainly pachinko/pachislot venues rather than casinos. Still, the sector generates around US$25 billion in net win per year—this further highlights the Asian appetite for gaming.