PanAsianBiz

Mainland Chinese Spend Most in Macao

by BBelew57 on November 20th, 2006

The Statistics and Census Service in Macao reported that the average visitor to the Asian gambling capital spent 1,430 patacas ($178.75) in the third quarter of this year, up just 1% over last year.

However, the same organization announced that visitors from mainland China spent more than twice that much - 2,898 patacas ($362.25).

I don’t know why it is, but the Chinese love to gamble.

My in-laws took a bus tour of the western states that included Las Vegas. They said that nearly one in three of the people at the slots in Vegas were Chinese.

At Atlantic City, the percentage is the same.

Macao is finding that their location is ideal for Chinese Mainlanders and Hong Kongers.

I wonder how long it will take for 1.3 billion people to learn "The house always wins." Macao has an awful lot of people to go through before that happens.

What do you think?

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POSTED IN: chinese