I'm afraid Las Vegas or Las Vagus as you might wanna call cannot be compared to any place is Asia and Europe. Las Vegas is just different. It's not like any other city in the world.
Macao is a tiny special administrative region (SAR), a former Portuguese colony, not far ago returned to China under 'one country two systems' model. In fact this tiny piece of land under Chinese rule has become more prosperous and capitalist than during the time when it formally was part of the 'West'. In the years to come Macao will attract even more foreign capitals and people, and eventually may even surpass Las Vegas as world prime place for gambling. Notwithstanding what's developing as competition in other Asian countries, as far as Macao remains the only place in China where gambling is allowed, this tiny region can look to the future with optimism.
This article isn't about exactly about gambling. Talking about any facet of life in Macao however, the real estate development being not an exception, usually leads us to considering this paramount aspect of life in this former Portuguese colony. Like in Las Vegas, in Macao the business that started it all was the gambling. Unlike Vegas, where there have been major attempts for business diversification, in Macao gambling will remain at the center of all business activities for quite some time. Other developments will only follow the trace left from the big gambling companies. [show less]
Checking.... 
on October 13th, 2009. Tags: europe, las vegas, places
Comments
Add the first comment