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

This story was published more than 13 years ago.

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