Life in Macau
Posted by Staff (01/29/2013 @ 8:26 am)

Free image courtesy of FreeDigitalPhotos.net
Here’s an interesting article that explains how there’s much more to Macau than just huge casinos.
Order a generous slice of Macau and you’d be brave to swallow it whole. This is a historical layer cake of clashing flavours. Long, unremarkable centuries of sleepy ancient Chinese fishing villages infused with a whiff of incense from Taoist temples. A slab of Portuguese colonialism – rich, centuries-thick and packed with spices. And on top, a great slathered-on crust of neon candy – luminescent pink, saccharine sweet, saliva-inducing.
It sounds great.
Gambling revenues continue to grow in Macau
Posted by Staff (06/05/2012 @ 9:31 am)

China’s march towards a modern economy continues unabated, even with reports of a recent slowdown. While the country is still held back by the restrictive policies of the government, censorship and corruption, many changes are afoot that will transform the culture over time. While Internet access is somewhat restricted, Chinese citizens can find information and entertainment if they are determined to do so. They can communicate through social networking, play online games or track poker on Party Poker Television. There’s only so much the government can do to hold back the desires of the Chinese people. They want the brands we have and want to play the games we play. Consumerism is a very powerful force, as people around the world want access to what Western citizens have. With the Internet, they can see what others have, and that influences behavior. Just look at the Middle East and see what social media and online access can do to a restrictive culture.
With gambling, the government has actually accelerated the cultural shift with the support of the massive growth in Macau. Gambling revenues continue to grow rapidly even with a slowdown looming in the overall Chinese economy. Given the size of Macau’s gambling presence this is still impressive growth. The casinos in Las Vegas aren’t happy about it, as the Asian high rollers no longer have Vegas as their primary destination. Macau is closer and bigger.
This isn’t lost on the Chinese people, who now have their own glittering destination for gambling. Naturally, this helps fuel the growth of games like poker in China. The poker popularity explosion is around 15 years old in the United States, but can you imagine the growth of this game as over a billion Chinese people become exposed to the game with the hype surrounding Macau and access to online gaming sites?
Things like this might seem trivial, but small things like poker and gambling can have a huge impact on culture. People demand the right to enjoy entertainment options once they are exposed to them. You can’t put that genie back in the box.
Gambling boom in Asia
Posted by Staff (12/27/2011 @ 12:46 pm)

Las Vegas casinos used to feast on Asian gamblers. Often, these were the “whales” – otherwise known as high rollers – that the casinos would rely upon to rack up huge profits from their casino operations.
The popularity of casino games is huge. People love playing online and they also love the atmosphere of a casino. This has always been a hallmark of the Asian culture, and Chinese tourists were becoming a huge growth opportunity for the Vegas casinos.
But all of that is changing due to two very powerful forces. One was the financial crisis which decimated the Vegas casinos. Everyone was affected, including Chinese tourists. Now the crowds are coming back to Vegas, but there is still a problem as there are fewer Asian high rollers.
And that’s due to the second factor – the emergence of Macau in China as a gambling destination. The casinos there are bigger than those in Vegas and the gambling volume has surpassed Las Vegas. Chinese whales now can stay on their own continent and get the same kind of thrill from progressive jackpot slots or hours of blackjack. They don’t have to look to Vegas as the best option.
This trend is having a huge impact on Chinese tourism, so it will be interesting to see how it plays out.