Las Vegas revenue from casino gaming recovery remains elusive, while Chinese gambling enclave Macau continues to grow rapidly. July gambling revenue in Nevada totaled $926 million, down 8% from a year ago, state officials said. On the Las Vegas Strip, the take was down 14.4% to $522 million, and downtown Vegas revenue slipped 9.7% to $40 million.

RBC Capital Markets said in a client note the shortfall in Vegas was primarily due to reduced baccarat play by high-roller VIP gamblers and a lower percentage win by casinos on The Strip. “However, results were actually weaker than reported, as slot volumes were generally down for the month,” RBC Capital analyst John Kempf said in the report.

Las Vegas Sands, MGM Resorts International, and Wynn Resorts have big Vegas casinos, but are seeing much stronger gains in Macau, the only place casino gambling is legal in China and the world’s hottest casino gambling destination. Macau has annual gambling revenue of roughly $40 billion vs. about $13 billion for Vegas revenue. On Aug. 14, Sands reported a 34% surge in July Macau foot traffic to a record 5.6 million visitors.

Sands shares were down slightly in Friday afternoon trading on the stock market today. Its stock has risen 17% from a 47.95 low on June 24, and it’s trading above both its 50-day and 200-day averages. MGM and Wynn Vegas revenue also dipped less than 1%.

Among other top casinos, Caesars Entertainment, which doesn’t have Macau casinos but is the top U.S. casino company, edged up. Its stock price has nearly doubled since June 24 as the company moves forward with plans to split in two, creating an investment company to drive its entry into online gambling. Hong Kong-based Melco Crown Entertainment, which competes with Sands, MGM and Wynn in Macau, slid fractionally.