Macau: Asia's Answer to Vegas?
Code :BSM0030
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Region : Macau China
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Abstract: The tiny island of Macau was the number one destination for gamblers from Asia. Local billionaire, Stanley Ho monopolised the gambling industry in Macau for 40 years. In 2002, the local government of Macau opened up the gambling sector. With the opening up of the gambling sector, Macau's popularity as a gambling destination was expected to compete with Las Vegas. |
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Pedagogical Objectives:
Keywords : Macau, Gambling industry,Government and Business Environment Case Study, Stanley Ho, Gaming monopoly rights, Sub-concessions, Tourism, MICE (meetings, incentives, conventions, exhibitions), Real estate market, Gambling revenues, Over and under investments
Contents :
» Gambling in Macau
» Asia's Answer to Vegas?
» Opportunities and Challeng