Macau continues to build burgeoning empire

venetian_macauForget the lands of the rising sun, they will be calling Asia the land of the rising everything if the current rate of growth continues. Asia has long been developing itself as the biggest player in the online gaming industry, and if gaming experts are to be believed, Asia will likely eclipse the western world as the premier destination for gaming in the next three years or so. As we well know one of the main players in the Asian market is the Chinese enclave of Macau, who themselves overtook Las Vegas as the world’s largest casino market in world in 2006, and an announcement by the Lui family seems to suggest they will grow ever further.

After all the largest of Macau’s gaming families pledged to build resorts that went beyond casinos and hotels, many questioned whether Lui had the might to do so – they were mistaken. The Galaxy Macau, a $1.9billion mega-resort, will rival the Macau’s other mega-resort, the Las Vegas Sands’ Venetian Macau. This again re-iterates what Calvin Ayre’s said all along that Asia and convergence, between online and land-based gaming, will be the two biggest trends in gaming for the next decade or so.