US gaming companies tend to invest in Macau in China which is estimated to profit from gambling billion dollars a year by 2010.

Top US gaming companies are seeking opportunities to expand their business abroad. Macau in China is considered as the biggest potential of gambling investments.

Joe Greff, an analyst with Bear Stearns and Co. spoke at the Reuters Hotels and Casinos Summit in Los Angeles and said that the growth in markets outside the US is currently faster than the growth inside the US. According to William Schmitt, an analyst at CIBC World markets, the growth in the US gambling industry is expected to be faster in the near future than the US total domestic industry.

In the meantime, Macau annual growth estimated rate is 15 percent from 2004 to 2010, when the gambling industry could amount to an annual revenue of billion dollars. According to Jefferies and Co., forecasts, the Macau gambling industry could earn 12.9 billion dollars by 2008.

Las Vegas Sands was the first US investors in Macau, reported its gambling revenue from the last quarter of 2005 on Tuesday. According to Sands reports, their revenue increased in 61.3 percent to 270 million dollars. MGM Mirage Inc. and Wynn Resorts Ltd. are also opening casinos in Macau.