Stocks to Buy: Las Vegas Sands (NYSE: LVS) Bets on Macau

Las Vegas is not the world's biggest gambling mecca - and that's just fine with Las Vegas Sands (NYSE: LVS), which happens to hold four properties in the Chinese territory of Macau.

Macau, you see, wrested that title away from Las Vegas back in 2006 - with hotels and casinos that are mind-blowing in size and scope - even by extravagant Las Vegas standards.

In 2012, Macau's gross gaming revenue eclipsed that of the Las Vegas Strip by five and a half times. And there seems to be no end in sight for these rising revenue figures. In August, revenue for Macau rose 17.6% year over year, which equates to more than $3.8 billion in revenue.

Macau's success is a direct result of the rising prosperity of the Chinese people. After all, more than 60% of the visitors to Macau are Chinese, and that percentage is still growing.
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