Asian Casino Expansion Continues in Macau and Singapore Regions

Gambling News - July 8th, 2009 - Written by Glen

As Asian markets continue to flourish and American markets drag due to a recession, many casino operators are beginning to build in the east rather than the west.Macau has been long regarded as the "Monte Carlo" of the Asian community. They generate most of their GDP from their lush gambling industry. There are almost three dozen casinos in the province, as well as horse and greyhound tracks. Seven of their casinos are open 24 hours, and available games include table and slot games. Government regulation keeps the venues in check, providing Macau with an economy that is growing at an explosive rate.

The most recent addition is in Singapore. Singapore's first casino has been in plans since 2006, and is expected to open in the first quarter of 2010. The project carries a cost of roughly $5.5 billion dollars American, and has received much attention. Las Vegas Sands is to thank for this project and should carry the name when all is done. More casinos are in the works for Singapore as well, which could create a huge gambling atmosphere in southeastern Malaysia area.

China also has a thriving gambling market. Gambling in China is regarded as socially and morally right, so the Chinese have been enjoying gambling for years. The mainland has seen an increase in how many gambling centers they enjoy, and even those who do not go to brick and mortar casinos will enjoy online gambling.

Online gambling has seen even more attention in recent years, highlighting the convenience of all that there in lay. It is no surprise that, while the global economy shrinks, people are beginning to turn to gambling as a high risk, short term investment strategy. Either way you look at it, great fun is being had all over the world.