Futuríveis
segunda-feira, janeiro 03, 2005
A Transformação de Macau na Las Vegas do Oriente
...
Since the sleepy territory, which returned to Chinese rule in 1999, deregulated its gaming industry in 2001 to allow foreign investment, it has enjoyed an unprecedented economic boom. Macao's economy expanded 22 per cent in the third quarter of this year, following a 48 per cent jump in the previous three months.
Numbers such as these have led to an explosion in local asset prices. Macao-related stocks listed in Hong Kong rose 200 per cent on average between September and November. Hong Kong residents are redirecting their passion for property investment towards Macao; one local executive says everyone in his office has bought property in the enclave.
The only city in China where gambling is legal, Macao made the landmark decision three years ago to end local tycoon Stanley Ho's 40-year-old monopoly on casino operations and offer new licences. Sheldon Adelson of Las Vegas Sands, Steve Wynn of Wynn Resorts and Mr Ho each won one.
...
FT.com - Macao's casino bet making mint former colony
Since the sleepy territory, which returned to Chinese rule in 1999, deregulated its gaming industry in 2001 to allow foreign investment, it has enjoyed an unprecedented economic boom. Macao's economy expanded 22 per cent in the third quarter of this year, following a 48 per cent jump in the previous three months.
Numbers such as these have led to an explosion in local asset prices. Macao-related stocks listed in Hong Kong rose 200 per cent on average between September and November. Hong Kong residents are redirecting their passion for property investment towards Macao; one local executive says everyone in his office has bought property in the enclave.
The only city in China where gambling is legal, Macao made the landmark decision three years ago to end local tycoon Stanley Ho's 40-year-old monopoly on casino operations and offer new licences. Sheldon Adelson of Las Vegas Sands, Steve Wynn of Wynn Resorts and Mr Ho each won one.
...
FT.com - Macao's casino bet making mint former colony
posted by CMT, 11:39 da tarde
