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Asia’s Great Casino Invasion

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Abstract

Gambling is huge business in Asia and it’s about to get even bigger. Millions of mainland Chinese with enough spare cash to gamble in foreign casinos, an enormous cultural inclination to do so, and the freedom to travel abroad like never before represent an incredibly lucrative potential gambling market. The China Center for Lottery Studies at Beijing University has estimated that an extraordinary 600 billion yuan (US$72 billion) in gambling money now leaves China each year.1

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Notes

  1. Lintner, B., Blood Brothers; Crime, Business and Politics in Asia, Allen & Unwin, 2002, p. 103.

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  2. Lim Goh Tong, My Story, Pelanduk Publications, 2004, p, 147.

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© 2005 Michael Backman

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Backman, M. (2005). Asia’s Great Casino Invasion. In: Inside Knowledge. Palgrave Macmillan, London. https://doi.org/10.1057/9780230522398_13

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