Macau: Asia's Answer to Vegas?



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Code :BSM0030

Year :
2006

Industry : Business Model Leisure and Tourism

Region : Macau China

Teaching Note:Not Available

Structured Assignment :Not Available

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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:

  • To discuss the scope of gambling industry in Macau

    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


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