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Sad decline for what was once the world's biggest gambling centre

First it was Macau that overtook Las Vegas as the world's biggest gambling centre; now comes the news that another rising Asian tiger - Singapore - is about to eclipse the US gambling mecca.

According to reports on CNBC this week, Singapore, which has had two land casinos operating for only a year, is already set to wrest second place from its American counterpart.

A study by the Royal Bank of Scotland has shown that by the end of 2011 revenues from the two casinos will top $6.4 billion, overtaking similar predictions for Las Vegas of $6.2 billion.

Source: InfoPowa News

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