The Development of the Gaming Industry and Its Impact on Land Use
Resource type
Authors/contributors
- Wan, Yim King Penny (Author)
- Pinheiro, Francisco (Author)
Title
The Development of the Gaming Industry and Its Impact on Land Use
Abstract
Over the past few years, the gaming industry has changed the face of Macao and the lives of its citizens. The liberalisation of casino licensing in 2002 and the implementation of the Chinese government's new visa regulations in 2003, which permitted many mainland Chinese to travel to Hong Kong and Macao on an individual basis, triggered an economic boom. Foreign investment increased dramatically as international companies began to build casinos and hotels. By 2006, gaming revenues had reached a record annual high of US$10.33 billion, far exceeding the US$6.6 billion made on the Las Vegas strip (Gaming Inspection and Coordination Bureau, 2008). Tourist numbers more than doubled from 11 million in 2002 to 21.7 million in 2009 (Statistics and Census Service, 2009a). Rapid economic growth has come at a price, however. There have been many social dislocations and challenges for public policy that can be attributed to the expansion of the gaming industry. A particular issue is land, a fundamental factor of production and an essential component of the gaming industry's success but in short supply in Macao. The tension between casino requirements for land and public needs spills over into debates on matters as diverse as building height restrictions, heritage protection, green space, the opaqueness of government decisions and its lack of consultative mechanisms. © 2011 by The Hong Kong University Press, HKU. All rights reserved.
Publication
Gaming, Governance and Public Policy in Macao
Pages
19-35
Date
2011-10-04
Journal Abbr
Gaming, Governance and Public Policy in Macao
ISSN
9789888083282
Library Catalog
ResearchGate
Link
Citation
Wan, Y. K. P., & Pinheiro, F. (2011). The Development of the Gaming Industry and Its Impact on Land Use. Gaming, Governance and Public Policy in Macao, 19–35. https://doi.org/10.5790/hongkong/9789888083282.003.0002
Academic Units
Link to this record