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Gambling Dynamism

The Macao Miracle

  • Victor Zheng
  • Po-san Wan

Table of contents

  1. Front Matter
    Pages i-xii
  2. Victor Zheng, Po-san Wan
    Pages 23-48
  3. Victor Zheng, Po-san Wan
    Pages 73-102
  4. Victor Zheng, Po-san Wan
    Pages 103-128
  5. Victor Zheng, Po-san Wan
    Pages 129-149
  6. Victor Zheng, Po-san Wan
    Pages 151-174
  7. Victor Zheng, Po-san Wan
    Pages 175-193
  8. Back Matter
    Pages 195-202

About this book

Introduction

Four years after the actual implementation of its casino deregulation policy, Macao has surpassed Las Vegas as the world’s 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 Macao’s 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 Macao’s gambling miracle.

Keywords

Casino deregulation Economic dynamism Gambling Macao history and society Quality of life Social indicators

Authors and affiliations

  • Victor Zheng
    • 1
  • Po-san Wan
    • 2
  1. 1.Hong Kong Institute of Asia-Pacific StudiesChinese University of Hong KongHong Kong SAR
  2. 2.Hong Kong Institute of Asia-Pacific StudiesChinese University of Hong KongHong Kong SAR

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-40749-9
  • Copyright Information Springer-Verlag Berlin Heidelberg 2014
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-642-40748-2
  • Online ISBN 978-3-642-40749-9
  • Buy this book on publisher's site