Tag: Macau casino middle class
Macau casinos bet on middle-class families “is a safe one”
January 6, 2014
Macau Daily Times – As Macau’s gambling revenue hits the remarkable value of USD45 billion, casino operators also need to go beyond gambling and closed-door VIP rooms to draw the Chinese upper middle classes’ attention toward other forms of entertainment. According to a feature story published yesterday in UK newspaper The Guardian, “investors say Macau’s bet on the continued prosperity of the middle class is a safe one.” A special correspondent – sent to investigate how this peculiar economy has been shaped around the casino industry over the past years – describes Macau as “a fitting Chinese counterpoint, a temple…