The Special Administrative Region of Macau has been one of the fastest growing economies in the world in 2010 and so far this year on the back of phenomenal growth in its booming casino sector. This red-hot performance has unsurprisingly attracted many of the world’s leading gaming companies looking to tap into the secular rise of disposable incomes across Asia. Beneath the surface, however, lies some serious concerns about the sustainability of the territory’s gambling-based growth model. Here to take us through whether Macau is a one-way bet or, in fact, a house of cards is Stuart Allsopp, Head of Asia Country Risk & Financial markets at Business Monitor International.
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