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The ‘Gambling City’. Geometries and Geographies of urban instability in Macau
Macau’s latest phase of casino development has engendered staggering economic growth and hectic urban and social transformations. Since 2002, when gambling liberalisation (liberalização do jogo) put an end to the monopoly contract won in 1962 by Stanley Ho Hung-sun’s Sociedade de Turismo e Diversões de Macau (STDM), gambling has dominated the city’s economy, with an average of 15 per cent growth over the last ten years, reaching roughly 88% of Macau’s GDP in 2013. Beating Las Vegas in its own game, Macau became the world’s most lucrative gambling centre in 2006.
The ‘Gambling City’. Geometries and Geographies of urban instability in Macau
Macau’s latest phase of casino development has engendered staggering economic growth and hectic urban and social transformations. Since 2002, when gambling liberalisation (liberalização do jogo) put an end to the monopoly contract won in 1962 by Stanley Ho Hung-sun’s Sociedade de Turismo e Diversões de Macau (STDM), gambling has dominated the city’s economy, with an average of 15 per cent growth over the last ten years, reaching roughly 88% of Macau’s GDP in 2013. Beating Las Vegas in its own game, Macau became the world’s most lucrative gambling centre in 2006.
The ‘Gambling City’. Geometries and Geographies of urban instability in Macau
Sheyla S. Zandonai (Autor:in)
2015
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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