Before delving into the much-discussed path of Macau’s diversification efforts and challenges in the past 20 years, and future outlook, let me take a step back. During Covid-19 there are 3 lines of concurrent thought for a ‘strategic’ tourism recovery, that is, one that better positions the city for greater sustainable development in the medium to longer term – one aim being a diversified tourism portfolio.
Sasebo Mayor Norio Tomonaga’s visit to the University of Macau at the end of last week highlighted the growing links between the two parties regarding the development of the IR industry in Japan.
A new study has found an increasing level of negative sentiment towards Macau’s casino industry, which contributes 90 percent of the territory’s gross domestic product. The study by the University of Macau and published this month in Tourism and Hospitality Research was conducted across Macau’s neighbourhoods. Splitting the respondent profile into those who worked and […]
In a region traditionally dominated by table games there are signs that a new generation of slots can make an impact, as long as suppliers understand how to take a tailored approachThe emergence of skill-based slots and a better understanding of how to tailor machines to local markets is presenting manufacturers and operators with the opportunity to challenge the dominance of the table game in Asian casinos and attract a new type of player.
Macau depends entirely on gaming to survive. Gamblers tend to smoke and there has been smoking in gaming areas from 1849 until now. So maybe it would not be prudent to rapidly ban all smoking whatsoever in casinos. Such a measure, in the worst scenario, could send many gamblers away and be roughly the equivalent to suddenly closing several casinos, causing a significant decrease in revenue and a strong impact on public finances. But this is exactly where Macau is heading now.A full ban on smoking may be difficult to justify and hard to defend legally.