Year on year, the casino gambling revenue in Macau jumped 57.8% in 2010
and another 42% in 2011 to reach $33.5 billion. Impending future competition and labor
shortage, however, may make significant dents in the sector’s profitability. For example,
Galaxy Macau has recently built a 2,200-room casino integrated resort with around
600 tables and 1,500 slot machines. Parcels 5 and 6 for Venetian have also resumed
construction. Wynn Macau has already received approval to build a casino on the Cotai
strip. According to an article in the August 26, 2010, issue of Macau Post Daily, the
Galaxy Macau and a new Sands China property – scheduled open in 2013 – are set to
employ over 22,000 workers in total.