Financial Competitiveness of Macau in Comparison with Other Gaming Destinations
@article{Gu2006FinancialCO, title={Financial Competitiveness of Macau in Comparison with Other Gaming Destinations}, author={Zheng Gu and Jason Zhicheng Gao}, journal={UNLV gaming research \& review journal}, year={2006}, volume={10}, pages={1-12} }
This paper analyzes the financial competitiveness of the Macau gaming industry vis-a-vis its counterparts in North America and Europe. The analysis covers casino product structure, revenue composition, assets productivity and financial returns of Macau versus those of gaming destinations in North America and Europe. The findings reveal that while Macau is advantageously positioned in terms of assets productivity and financial returns, its casino product structure and revenue composition seem at…
36 Citations
Economic growth and development in Macau (1999–2016): The role of the booming gaming industry
- Economics
- 2018
Macao’s Casino Industry
- Economics
- 2010
Dubbed the “Las Vegas of the East,” Macao is the only location in China with legalized gaming. Before the world economic recession, tourist arrivals, gaming revenue, and hotel room inventory were all…
PERFORMANCE OF CASINO FIRMS: EMPIRICAL ANALYSIS OF SELECTED EU COUNTRIES
- Business, EconomicsInternational Thematic Monograph: Modern Management Tools and Economy of Tourism Sector in Present Era
- 2019
The purpose of the paper is to analyse whether Slovene casino firms are successful in their business and whether their performance differs from their competitors. To this end, the authors performed…
ARE REVENUES COMPARABLE? THE CASE OF EUROPEAN GAMBLING COMPANIES
- Economics, Law
- 2018
Gambling industry has its features, especially from accounting perspectives. The different regulations by countries may influence the accounting practices and so the form and content of the presented…
Service Quality of Casinos in Macau: From the Mainland Chinese Perspective
- Law, Economics
- 2013
A majority of earlier studies on customers’ perception of casino service quality and customers’ repeat visitation factors were mainly conducted in Western countries. With significant growth of the…
Diversifying the Macao Economy: Insights from Profiling Mainland Chinese Visitors
- Economics
- 2014
In the 12 years since its return to mainland China, Macao’s gaming sector has grown exponentially, transforming the city into the world’s richest casino destination. The new administration has,…
Industry labor force quality: an investigation from the customer service perspective.
- Business
- 2008
To investigate the labor force quality deficiency in the Macao casino industry, this study conducted a survey among Macao casino guests on their assessment of customer service. The mean scores of…
Gaming outcome of accountants and human capital theory: Macau evidence
- Law, Business
- 2010
Purpose – Macau is a major gambling city in Asia, with many tourists and customers visiting its casinos every day. These visitors include not only recreational and pathological gamblers, but also…
Economic Structure, Social Risks and the Challenges to Social Policy in Macau, China
- Economics
- 2015
Welfare state is often perceived as a response to help people coping with shocks caused by economic down turn. However, as argued by Hamnett, welfare state can directly assist economic restructuring.…
Performance Gap Between Korean And U.S. Hospitality Firms: A Preliminary Examination Based On 2006 DATA
- Business
- 2008
ABSTRACT The purpose of this study was to identify problems and Weaknesses existing in the Korean hospitality industry by examining some key financial ratios in comparison with those of its U.S.…
References
SHOWING 1-10 OF 16 REFERENCES
Diversify Into European Markets to Enhance Revenue: A Strategy Proposed for the Las Vegas Strip and Atlantic City
- Economics, Law
- 2001
In recent years, the casino industry in some European countries has experienced remarkable growth in gaming revenues. This study examines the growth momentum of casino gaming in Europe and its…
Annual Report for 2004
- History
- 2005
Democratic Republic of the Congo 11,146 Guinea-Bissau 6,873 Sao Tome and Principe 4,747 Equatorial Guinea 2,974 Congo 2,088 Central African Republic 1,056 Sierra Leone 652 Burundi 13,813 Chad 17,961…
Toronto, Author
- Siu, R.& Cheng, C. (2003).
- 2004
Vienna: Author
- Federal Commission on Casino Gaming of Switzerland
- 2004
Financial annual report
- 2005
Gaming Inspection and Coordination Bureau of Macau
- statistics. Macau: Author. Gu, Z
- 2005
Macau: Author. Macau people take pride in World Cultural Heritage status approval
- Macau Daily,
- 2005
March 1st). Gambling beyond Nevada: Casino groups pursue Singapore
- 2005
Table games or slots? A strategic issue faced by the new casinos
- Retrieved November
- 2005
Macau casino competitions and str
- 2004