. Military Space News .
SINO DAILY
Gambling hub Macau shrugs off China downturn with tourist surge
by Staff Writers
Macau (AFP) Jan 23, 2019

China's slowdown and simmering trade war with Washington appear to have had little impact on the gambling enclave of Macau which on Wednesday announced a surge in tourist arrivals for last year.

The semi-autonomous city of just 620,000 people -- which rakes in five times the gaming revenue of Las Vegas -- said 35.8 million people visited in 2018, a 10 percent jump on the year before.

Macau's gambling revenues were hit hard in 2014 when Chinese president Xi Jinping announced a crackdown on corrupt officials.

The city had long been a playpen for China's elites and a useful way for the wealthy and corrupt to siphon money overseas.

The sudden slump pushed tourism officials to look for ways to become less reliant on the casino sector although in the last two years the city's gaming fortunes have bounced back.

Macau has recorded 28 straight months of gaming revenue growth, according to a Bloomberg News analysis, although growth towards the end of 2018 slowed to single digits, a potential sign of jitters mirroring the mainland's economic slowdown.

Tourism officials said last year's spike showed that their push to advertise Macau as more than just a gambling hub -- such as promoting the former Portuguese colony's culinary heritage -- was paying dividends.

They also said numbers were boosted by the October opening of a new bridge connecting the gambling hub to the mainland city of Zhuhai and neighbouring Hong Kong, with 1.05 million visitors crossing so far.

The bridge has provoked complaints from locals in both Macau and Hong Kong that too many Chinese mainlanders are coming in each day to overcrowded districts.

Helena de Senna Fernandes, the city's tourism director, admitted 35 million was "quite a big number" and said officials would try to encourage more tourists to spread out into less visited places within the city.

"Of course we have to take into account the concerns of local residents," she told reporters.

The figures show Macau is still overwhelmingly reliant on visitors from Hong Kong and the mainland who made up 32.6 million arrivals.

Visits by mainlanders, who account for 90 percent of Macau's gamblers, were up 13 percent at 25 million. But international tourist arrivals dropped 1.1 percent to 3.1 million.

Locals and some industry insiders have fretted that the new bridge will increase daily visitors, who spend less than those who stay in hotels.

However the 2018 figures showed overnight visitors increased 7.2 percent and currently account for 51.7 percent of all arrivals.


Related Links
China News from SinoDaily.com


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


SINO DAILY
Above the concrete canopy: Hong Kong from the sky
Hong Kong (AFP) Jan 21, 2019
A giant container ship sailing under a suspension bridge; Chinese cemeteries as densely packed as the housing blocks their occupants once lived in; lush rows of paddy fields - aerial shots offer a whole new perspective on Hong Kong. Internationally it may be best known as a high-octane finance hub filled with skyscrapers, but there is much more to the city - from bustling ports and picture perfect beaches to rolling hills and verdant forests. AFP photographer Dale de la Rey spent three months ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SINO DAILY
Trump vows to boost America's missile defense

Syrian air defences shoot down Israeli missiles: state media

Eyeing China, US to hold missile drill in Japan's Okinawa: report

Lockheed awarded $3.3B for PAC-3 missiles for Saudi Arabia, Kuwait

SINO DAILY
MBDA's new MMP missile system successfully deployed in Mali

Raytheon taps Phoenix Products for Naval Strike Missile containers

US Navy and Air Force awards Lockheed Martin Second Production Lot for Long Range Anti-Ship Missiles

Raytheon contracted for additional upgrades to AMRAAMs

SINO DAILY
Drones shown to make traffic crash site assessments safer, faster and more accurate

New study shows animals may get used to drones

Military help UK police respond to Heathrow drone threat

Insitu gets defense contract for Blackjack unmanned aircraft

SINO DAILY
BAE signs $79.8M contract with Navy for Pacific comms support

Russia to Complete Military Satellite Constellation Blagovest in April

Honeywell and GetSAT win multi-million dollar deal with US Government

Hughes to supply BGAN terminals for Space and Naval Warfare Systems Center

SINO DAILY
Leidos awarded $9.7M contract for anti-IED surveillance support

General Dynamics to upgrade 174 more Abrams tanks

High-tech border wall plan on display at CES

KBR Inc. announces inclusion in $12.1B Army IT contract

SINO DAILY
Report: Pentagon allowed $28B in available funds to expire

Croatia threatens to axe plans to buy F-16 jets from Israel

Trump claims he 'essentially fired' Mattis

Canada mulls canceling Saudi arms deal over Yemen, Kashoggi murder

SINO DAILY
UK PM's office says MP Brexit moves 'extremely concerning'

Wife of Chinese ex-Interpol chief seeks asylum in France: reports

Trump says US backs NATO '100%' but allies must 'step up'

Report raises fresh doubts over Trump's NATO commitment

SINO DAILY
New applications for encapsulated nanoparticles with promising properties

Chemical synthesis of nanotubes

Carrying and releasing nanoscale cargo with 'nanowrappers'

Illuminating nanoparticle growth with X-rays









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.