International edition
June 22, 2021

According to Michael Leven, Las Vegas Sands COO

Macau casino market could hit us$ 100 billion per year

(Macau).- The President and COO of Las Vegas Sands, Michael Leven, says Macau’s gaming market could grow to eventually hit gross gaming revenue of us$ 100 billion per year. In 2012, Macau’s casinos reported gross gaming revenue of us$ 37.3 billion.

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n an interview this week with CNBC, Leven said that he is bullish on the city’s gaming industry outlook. “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.”

He also confirmed that Las Vegas Sands is looking at the possible sale of its casino in Bethlehem, Pennsylvania, in the United States. “If we get our price, we think it may not fit in the long run for our company. It’s a smaller product. We’ll probably look to sell it. However, somebody’s got to pay the price.  We’re just as happy to keep it,” Leven said.

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