Page 8 - Macau_Group Project

After the handover, Macau SAR decided to
Historical background,
grant out three gambling concessions, which

can introduce some international casino to
geographical and natural
Macau. From the statistic of government
revenue, there were 6.89 million of betting
features of the city
duty in 1975, which occupied 44.9% (Yuan
and Yuan, 1988) and it became over 100

billion in 2018, which occupied more than
80% of government income. It shows that
Gambling and tourism developed mature

already. Macau government also rely on the
betting duty to develop the urban planning

and create a city of gambling in Asia. For the
transformation of Macau economy, Macau

focus on the development of tourism and
gambling.