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ARTICLE · 11 DECEMBER 2013

Macao Gaming Summit Highlights

Dickinson Wright PLLC
Dickinson Wright PLLC
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Dickinson Wright PLLC

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The new kids on the block in Macau in November were the Macao Gaming Show (sponsored by the Macau Gaming Equipment Manufacturers Association) and the Macao Gaming Summit, both held contemporaneously at the Venetian.

United StatesMedia, Telecoms, IT, Entertainment

The new kids on the block in Macau in November were the Macao Gaming Show (sponsored by the Macau Gaming Equipment Manufacturers Association) and the Macao Gaming Summit, both held contemporaneously at the Venetian. Speakers at the Gaming Summit included casino operators, major junket operators, regulators, consultants, and lawyers. While the gaming market throughout Asia was discussed by the speakers, the focus was clearly on the Macau gaming market. The ultimate question was: When is the market growth going to stop? With a number of major new casino projects under construction on the Cotai Strip, the consensus was "not anytime soon." Andrew Scott, CEO of World Gaming, summed it up by stating that it is projected that in the next decade China will have 500 million middle class citizens (the current total population in North America is approximately 500 million) and that by 2030 China will have one billion middle class citizens, all of whom will have discretionary

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