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Asia’s Great Casino Invasion

In: Inside Knowledge

Author

Listed:
  • Michael Backman

Abstract

Gambling is huge business in Asia and it’s about to get even bigger. Millions of mainland Chinese with enough spare cash to gamble in foreign casinos, an enormous cultural inclination to do so, and the freedom to travel abroad like never before represent an incredibly lucrative potential gambling market. The China Center for Lottery Studies at Beijing University has estimated that an extraordinary 600 billion yuan (US$72 billion) in gambling money now leaves China each year.1

Suggested Citation

  • Michael Backman, 2005. "Asia’s Great Casino Invasion," Palgrave Macmillan Books, in: Inside Knowledge, chapter 0, pages 147-159, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52239-8_13
    DOI: 10.1057/9780230522398_13
    as

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