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Gambling Dynamism

The Macao Miracle

  • Book
  • © 2014

Overview

Authors:
  1. Victor Zheng

    1. Hong Kong Institute of Asia-Pacific Studies, Chinese University of Hong Kong, Hong Kong SAR

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  2. Po-san Wan

    1. Hong Kong Institute of Asia-Pacific Studies, Chinese University of Hong Kong, Hong Kong SAR

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    You can also search for this author in PubMed   Google Scholar

  • A ground-breaking analysis based on a series of longitudinal objective and subjective indicators, not seen in other books on Macao’s gambling industry

  • Socio-economic theories on casino gambling drawn not only from both the West and the East, with particular attention paid to Macao’s unique characteristics in the history of East-meets-West

  • Explores the potential as well as the possible pitfalls of Macao’s gambling-based economy

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xii
    Download chapter PDF

  2. Gambling and Society: A Theoretical Revisiting of the Issue

    • Victor Zheng, Po-san Wan
    Pages 1-22

  3. Macao and Globalization: A Gambling Perspective

    • Victor Zheng, Po-san Wan
    Pages 23-48

  4. The Return to Chinese Sovereignty: A Historical Turning Point

    • Victor Zheng, Po-san Wan
    Pages 49-71

  5. Gambling Expansion and Economic Growth

    • Victor Zheng, Po-san Wan
    Pages 73-102

  6. Gambling Expansion and Social Change

    • Victor Zheng, Po-san Wan
    Pages 103-128

  7. Gambling Expansion and Political Development

    • Victor Zheng, Po-san Wan
    Pages 129-149

  8. National/Regional Integration and Local Development

    • Victor Zheng, Po-san Wan
    Pages 151-174

  9. The First Decade and the Road Ahead

    • Victor Zheng, Po-san Wan
    Pages 175-193

  10. Back Matter

    Pages 195-202
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Keywords

About this book

Four years after the actual implementation of its casino deregulation policy, Macao has surpassed Las Vegas as the world’s top gambling destination in terms of annual turnover. Also, various recent surveys have put Macao at the very top of the list in terms of per capita GDP, as its economy grew shortly after the resumption of Chinese sovereignty. How could a tiny city without any natural resources on the southern coast of China have managed to achieve such a miraculous level of development? This book presents an unparalleled study of Macao’s economic dynamism and its gambling industry not only by merging historical and current developments, but also by presenting solid subjective and objective indicators and evidence. It offers an indispensable resource for students, researchers, and general readers looking to understand Macao’s gambling miracle.

Authors and Affiliations

  • Hong Kong Institute of Asia-Pacific Studies, Chinese University of Hong Kong, Hong Kong SAR

    Victor Zheng, Po-san Wan

Bibliographic Information

  • Book Title: Gambling Dynamism

  • Book Subtitle: The Macao Miracle

  • Authors: Victor Zheng, Po-san Wan

  • DOI: https://doi.org/10.1007/978-3-642-40749-9

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2014

  • Hardcover ISBN: 978-3-642-40748-2Published: 16 December 2013

  • Softcover ISBN: 978-3-662-52503-6Published: 27 August 2016

  • eBook ISBN: 978-3-642-40749-9Published: 29 November 2013

  • Edition Number: 1

  • Number of Pages: XII, 202

  • Number of Illustrations: 20 b/w illustrations, 2 illustrations in colour

  • Topics: Economics, general, Cultural Studies, Regional and Cultural Studies

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