The New Macau Concept: From Gaming to Total Economic Development

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Technical note

Reference no. 105-039-6

Subject category: Finance, Accounting and Control

Authors: Frederik Pretorius (HKU Business School, The University of Hong Kong); Mary Ho (HKU Business School, The University of Hong Kong)

Published by: Asia Case Research Centre, The University of Hong Kong

Published in: 2005

Length: 34 pages

Data source: Field research

Topics: Gaming and entertainment; Economic and real estate development

Share a link: https://casecent.re/p/63373

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Abstract

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 spill over 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.

Location:

Macau

Other setting(s):

2005