Macau Facing Competition

First Singapore, now two more.
We knew the Asian competition would not end with Singapore, right?  Singapore was to have just two casinos and it was far enough away that it was not going to be threat.  And sure, we knew Japan would probably legalize casinos sooner or later, but that wasn’t a big worry either since we cannot really see the Chinese flocking to Japan to gamble at locals types of casinos.  Now though, two more countries have made a move that could be a little concerning.

First, Taiwan has made some noise the last few days.  It looks like Taiwan is seriously considering legalizing casino gambling, but is denying that it has already decided to issue three licenses.  The Taiwanese probably need to be alittle cautious though with the whole China issue and everything, but this is Macau’s own backyard so a little alarm bell should probably go off.

Now we getting news reports that the Philippines could go ahead with its $20 billion dollar Pagcor City project in Manila Bay that would include casinos, hotels, shopping, dining, entertainment, etc.  Wynn’s name is even being thrown around.

The government wants Pagcor City to be just like the Las Vegas Strip.  That sounds just a little too familiar, doesnt it.

Originally posted 2007-03-28 11:21:52. Republished by Blog Post Promoter

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