Gambling dynamism [electronic resource] : the Macao miracle / Victor Zheng, Po-san Wan.

9783642407499 electronic book
3642407498 electronic book
9783642407482

Berlin : Springer, 2014.

English

1 online resource.

10.1007/978-3-642-40749-9 doi

HV6722.M25

338.47795095126

Four years after the actual implementation of its casino deregulation policy, Macao has surpassed Las Vegas as the worlds top gambling destination in terms of annual turnover. Also, various recent surveys have put Macao at the very top of the list in terms of per capita GDP, as its economy grew shortly after the resumption of Chinese sovereignty. How could a tiny city without any natural resources on the southern coast of China have managed to achieve such a miraculous level of development? This book presents an unparalleled study of Macaos economic dynamism and its gambling industry not only by merging historical and current developments, but also by presenting solid subjective and objective indicators and evidence. It offers an indispensable resource for students, researchers, and general readers looking to understand Macaos gambling miracle.

Includes bibliographical references.

Access limited to authorized users.

Description based on print version record.

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