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.
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