"This is a big deal for us," said Jim Murren, CEO of MGM Resorts, as he stood inside the Conservatory & Botanical Gardens at the Bellagio in Las Vegas. Murren was in the middle of a swarm of tourists, most of them Chinese, snapping photographs of the huge display set up for the Chinese New Year. "All our properties are sold out right now."
RGC Economics predicts nearly 4,000 Chinese nationals will come to Sin City for Year of the Snake celebrations. Some will spend up to $100,000 on the trip. Why come all the way to Las Vegas when Macau is closer? "The weather's better," said Murren. "There's more entertainment here." (Read More: Chinese New Year Brings Tourists and Spending Power to U.S