Competitiveness of Macau in Developing the Exhibition Sector: Can Gaming Industry Contribute?

Qiu, Shi; Li, Mimi; So, Siu Ian (蘇小恩); Lehto, Xinran

doi:10.1080/19388160.2015.1083924

Cited by 6 publications

(1 citation statement)

References 28 publications

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“…Macau government introduced the "Five-year development plan of the Macau Government" (Macau Government, 2016) (DSEC, 2016(DSEC, -2019. Researchers also suggested that meetings, incentives, conferences and exhibitions (MICE) industry is one of the primary segments to focus for diversification (McCartney, 2014;Qiu et al, 2015;Dioko, 2015;Wang et al, 2017). From the perspective of casino operators, they are changing the strategy to focus more on mass/ premium mass market (Liu et al, 2015), as well as upgrading the facilities to attract more new customers and repeated visits.…”

Section: Source(s)mentioning

confidence: 99%

Macau gambling industry's quick V-shape rebound from 2014 to 2019

Liu¹,

Dong²,

Chang³

et al. 2020

APJML

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PurposeThe purpose of this study is to summarize the factors that result in V-shape rebound of Macau gambling industry's from 2014 to 2019. Both internal and external factors are examined and discussed by representatives from academia, industry and government.Design/methodology/approachPractitioners from the gambling industry offered their cutting-edged analysis and viewpoints with observation and comments from scholars and government representatives in gambling domain.FindingsInternally, actions are taken by both the Macau government and Macau casino operators to rebrand Macau with nongambling elements and to adjust the strategies to attract more tourists from a wider range. Externally, global economic upturn and support from the China government also enhance Macau's quick rebound. A total of nine key factors are finally recognized.Originality/valueThis study provides answers and sense-making explanations to why Macau gambling industry can recover in such a short time after a big drop in Gross Gambling Revenue in 2014. This work reveals that Macau, by learning the lessons from the dramatic decline, conducts various self-rescue action plans which contribute to the quick V-shape rebound. This study is also a self-examination of Macau gambling industry from the firsthand perspectives of scholars, government representatives and casino management.

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Section: Source(s)mentioning

confidence: 99%

Macau gambling industry's quick V-shape rebound from 2014 to 2019

Liu¹,

Dong²,

Chang³

et al. 2020

APJML

View full text Add to dashboard Cite

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Managing Asian Destinations

Wang¹,

Shakeela²,

Kwek³

et al. 2018

Perspectives on Asian Tourism

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