
Aside from any cultural/political repercussions, casinos are generally an important part of the broader tourism industry. They encourage travel to a destination, and provide positive spill over for other attractions in the area. Casinos also help hotels attract guests, whilst directly and indirectly boosting other departmental revenue, i.e. non-gaming expenditures. Live from Macau.
Macau taking over as the casino hubTravel and leisure industries dependent on consumer purchasing behaviour were severely impacted from the global economic crisis. In most mature markets in Europe and North America, hoteliers were recording major decreases in demand, and then forced to...
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