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Research Note Details:
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The New Macau Concept: From Gaming to Total Economic Development    
 
Product Ref: 05/240RN Company: N/A

Product Type: Research Note Industry: Hotels, Restaurants, Leisure

Related Product(s): N/A
In late 2004, Macau, a gaming and tourism Mecca in Asia, caught the attention of investors and casino operators around the world. From a wider perspective, the city's new casinos and resort projects are expected to bring about a significant spillover effect on the entire economy and society. This technical note presents insights into the history and development of this rapidly emerging gaming market, and analyses the economic opportunities arising from such development. Drawing on the experience of Las Vegas, this technical note also examines how Macau could create a new concept of gaming packaged in destination entertainment, and what changes are expected in its gaming industry, economic and real estate development.
Functional Area : Economics & Business Policy
Finance & Investments

Issues: Gaming and entertainment, economic and real estate development
Length: Text: 16 pages
Exhibits: 18 pages
Country: Macau SAR

Pub. Year: 2005 Level of Difficulty: 2
         
This product type is available in the following language(s):      English   Simplified Chinese
         
Related Information: N/A
 
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