The heart of a casino is the table game. In Las Vegas that means bettors hoping for blackjack, taking a roll at craps, or trying their hand at poker. But in Macau, the world's largest gaming market, baccarat is the game of choice.

That makes comparing gaming operators on the basis of their table games very easy. The games are largely the same; all that changes is the player and the betting amount.

So who is getting the most out of their tables in Macau? Below is the table game win per unit, per day. If only we could all have a table that generated that much cash.


Q2 2011

Q2 2010


Venetian Macau $13,269 $10,193 30.2%
Wynn Macau $25,872 $20,497 26.2%
City of Dreams $18,991 $10,257 85.2%

Wynn Resorts (NYSE: WYNN) is obviously the biggest winner per table, which shouldn't be surprising considering the company's high-end clients. But Melco Crown's (Nasdaq: MPEL) City of Dreams took an astonishing jump this year. That goes a long way in explaining why City of Dreams' revenue jumped 67% last quarter and property EBITDA increased 270%.

The fourth U.S.-traded big operator in Macau, MGM Resorts (NYSE: MGM), unfortunately does not release table game information for us to compare with. Considering the company's jump in revenue and property EBITDA, it's safe to assume MGM Macau also had a sharp rise in win per table.

Singapore's upside
As astounding as the numbers are in Singapore, if Las Vegas Sands (NYSE: LVS) is able to increase play, they could get even better. Table games win per day stands at just $11,185, leaving tremendous upside potential. That's one of the reasons I've named it my best stock in gaming.

Place your bets
Once Sands Cotai Central opens, we'll see how the added rooms affect play at the adjacent Venetian Macau and City of Dreams resorts. The development isn't as high-end as Wynn's resorts, so we may see more mass table play, but if both casinos are able to increase take per table, their stocks could continue their current string of good luck.

Interested in reading more about gaming stocks? Add your favorites to My Watchlist, which will find all of our Foolish analysis on these stocks.

Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.