Asia’s Great Casino Invasion
Michael Backman
Chapter Chapter 13 in Inside Knowledge, 2005, pp 147-159 from Palgrave Macmillan
Abstract:
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
Keywords: Slot Machine; Cambodian Government; Casino Management; Chinese Gambler; Chinese Businessman (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52239-8_13
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DOI: 10.1057/9780230522398_13
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