Tag: U.S. casino mogul
Macau casino moguls will keep out-earning U.S. moguls
March 20, 2014
Las Vegas Review Journal – It’s been eight years since Macau surpassed the Strip in annual gaming revenue. So it makes sense that the region — the only location in China with casinos — is creating more gaming industry billionaires than Las Vegas. The recently released Forbes 2014 List of the World’s Billionaires shows a large proportion of the wealthy who cite gambling, gaming or casinos as the source of their income also name Hong Kong, Macau, Japan, Malaysia and other international markets as their country of citizenship. In years past, Los Angeles-based financier Kirk Kerkorian, founder of what is…