| Macao is one of two special administrative regions within the territory of China, andthe only legal gaming areas, together with liberalization of the gaming industry, Macao’seconomic growth rapidly and become one of the world-famous gaming city in the worldsince the gaming revenue of Macao surpassed Las Vegas in2006.Since2003, Central People’s Government implemented the "Hong Kong and MacaoIndividual Visit Scheme2" policy, meanwhile the Government of Macao set the gaming andtourism industry as the leading industry. It created3/4of the population working in thegaming industry and related industries, and gaming revenue accounted for government totalrevenue almost80%. Macao gaming industry is a very important position in the overalleconomic and social. However, it must know that the gaming industry flourish led a bigchange for Macao’s social and economy, the economic over-reliance on the gaming industry,even bring out a lot of social problems, such as out-of-school work, problem gaming, crimerates increase etc..Most issues of concern are: the proportion of the Macao gaming industry in Macao’seconomy much more than other industries, and if the severities of the crisis assist in thegaming industry will the whole Macao’s economy dragged down? How much will it affectto the tourism industry?This article is mainly descript the situation of gaming industry in Macao, analyze theadvantages and its positive factors of Macao’s economy and social impact; and point out theserious constraints which surfaced during the development of gaming industry, will affectthe sustainable development of gaming industry in Macao the most; according to the factors,consult from the success stories of Singapore and Las Vegas for reference, create a strategyin order to enhance their competitiveness, achieve the goal of sustainable development ofMacao’s gaming industry in Macao. |
