Ok, well, we all knew this was coming.
Macau, the former Portuguese colony near Hong Kong, has overtaken Las Vegas as the gambling capital of the world, at least in terms of gambling revenue.
For 2006, Las Vegas took in $6.5 billion while Macau saw $6.95 billion flow into their coffers.
Update: Looks like this is a 'probably' vs a certainty at this point. The $6.5B for LV is estimated and is the Las Vegas Strip, not the entire city. We'll see when those numbers are published. Still, if not this year, it will be basically a draw and next year I would say it is certain and will be clear.
Update (Wed): More on this from the RJ, along with some comments from Steve Wynn.