gambling

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Gambling in China, Macau and Hong Kong

Gambling in Macau: The gambling industry generates only in Macau over the 40% of its GDP and 70% of Macau’s government income.

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macau-casino
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Wynn opens Macau’s most expensive casino

The odds don’t look good for Steve Wynn, opening Macau’s most expensive casino this week even as gambling revenues continue to sink.

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The growing popularity of horse racing in China

Whilst 20 or even 10 years ago you would have struggled to find a competition in the country, horse racing is becoming increasingly popular in China. The sport was always popular in the country before the 20th century when aristocrats from around Europe use to travel around the world to race their horses on China’s tracks. But in 1949 the sport was banned by Communist Party leader Mao Zedong, who came to power after a political struggle in the country and banned a number of different hobbies.

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lost everything to gambling
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Rich and poor: a parable in contemporary China

Xiao Yang, 20, is the son of a Chinese millionaire who lost everything to gambling and now lives under a bridge along the north bank of the Jialing River in Henan.

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