Macau - Bigger Than Vegas?

Macau - Bigger Than Vegas? The neon lights in Macau are beckoning and it's set to become the world's playground.
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A Good Year For London’s Queen Elizabeth II Conference Centre Turnover for the 2007/08 financial year was almost £11million – an increase of three percent, whilst costs have been held to a two percent increase over those for the previous period. Planning a Convention Centre? IAPCO provides a reference manual. This latest publication from IAPCO provides an easy to use reference manual for developers, architects and anyone planning to build a convention centre for use prior to the design stage. Planning a Convention Centre? IAPCO provides a reference manual. This latest publication from IAPCO provides an easy to use reference manual for developers, architects and anyone planning to build a convention centre for use prior to the design stage. Planning a Convention Centre? IAPCO provides a reference manual. This latest publication from IAPCO provides an easy to use reference manual for developers, architects and anyone planning to build a convention centre for use prior to the design stage. Visa Launches Meetings Card Visa announced the launch of a meetings card and an alliance with meetings technology provider Arcaneo. Visa Launches Meetings Card Visa announced the launch of a meetings card and an alliance with meetings technology provider Arcaneo. SCVB Boosts Its Overseas Team The Sydney Convention and Visitors Bureau (SCVB) has expanded its business development teams in London and Hong Kong as it mounts an intensified push into key international markets. SCVB Boosts Its Overseas Team The Sydney Convention and Visitors Bureau (SCVB) has expanded its business development teams in London and Hong Kong as it mounts an intensified push into key international markets. 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Italian Communication World Met In Rome EGA Professional Congress Organisers was one of the main technical sponsors and they worked as Organising Secretariat for the event. Experient Grows Strategic Account Management Team Lyra Hankins, Yurii Land and Chris Jensen are the newest Experient strategic account managers. Experient Grows Strategic Account Management Team Lyra Hankins, Yurii Land and Chris Jensen are the newest Experient strategic account managers.	The neon lights in Macau are beckoning and it's set to become the world's playground. Associate Professor of Economics Winston Koh of Singapore Management University (SMU) argued as much in a paper he presented at an Institute of Policy Studies forum last November. The border crossing between the Chinese city of Zhuhai and Macau has become one of the busiest in the world, he noted. The casinos in Macau are pulling in the Chinese tourists. Last year, Macau's 13 licensed casinos raked in about US$5.1 billion ($8.34b), up 34 per cent from 2003, that's just about equal to Las Vegas Strip's takings for the year. For now, the money is on Macau to overtake the Strip this year, said Mr Marc Falcone, a gaming analyst at Deutsche Bank in New York. 'Go East' seems to the mantra these days. And with eyes lit, Western gaming bigwigs are putting their money there. The Vegas moguls are setting up shop - or in some cases, hoping to - in Asia and Macau has already caught their eye. Las Vegas casino king Steve Wynn is opening a US$700 million resort there. And just a roll of a dice away, Vegas hotshot Sheldon Adelson is building a US$1.8b 3,000-room Venetian hotel. Some 8.7 million Chinese went to Macau in the first 11 months of last year - making up more than half of the total of 15.2 million visitors it had in that time. Macau is well-placed - it has a more than a billion people within a three-hour flight radius. What's more, in addition to the neon-lit facilities which appeal to high rollers, Macau is quickly positioning itself as a destination for families and business conventions.
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