This week marked the 20th anniversary of Macau being handed back to China after 442 years of Portuguese rule. This small city of only 13 square miles, built on reclaimed land, is home to numerous multi-billion dollar casinos such as the Venetian Macao and the Sands Cotai satellites and generates over five times the revenue of the gaming mecca of Las Vegas.
While the Las Vegas market is frequently covered in the media, the Asian casino market is head and shoulders above anything happening there. 2018, saw the not inconsiderable amount of $11.9 billion generated Las Vegas casinos compared to the phenomenal amount of $37.6 billion generated in Macau showing you exactly where the real VIP / High Rollers are.
When Macau’s betting industry was overhauled two decades ago, casino operators flocked to the area from Las Vegas contributing to Macau, with a population of less than 680,000, becoming one of the wealthiest places in the world per capita. More than 35 million people travel to the country each year with a massive 70% coming from mainland China driving rapid economic growth enjoyed by its population.
Macau is perhaps the apparent location when mentioning gaming in Asia. Still, new hot spots and markets continue to emerge in countries such as Cambodia, Myanmar, the Philippines, Singapore, South Korea, Vietnam, many others. But regardless of the gamer's location, the Dragon Social Wallet offers VIP / High Rollers excellent mobility, avoiding third party organisations, while dramatically lowering costs. If the players choose to visit a Dragon Affiliated junket, DRG can be easily converted to Dragon Global Chips (DGCs) and then easily exchanged for non-negotiable casino chips to play with.
It's been a busy year for Dragon, and 2020 is shaping up to be a truly momentous one as the full power of the Dragon Ecosystem comes online - as well as the introduction of a range of exciting new verticals.
To keep up to date all you need to do is head over to Dragon Blog to find out more, and if you’d like to experience the same technology that VIP Gamers use, download your very own Dragon Social Wallet now.