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Asia's Casino Ambitions

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Asia's Casino Ambitions
AIRED:
Five of the world's 10 biggest casinos are in the Chinese gambling enclave of Macau. By 2015 Asia will generate $80 billion in gambling revenues annually - outpacing the U.S., and nearly half the global total. Casino shares have led Hong Kong's benchmark index over the past year. Shares in Australia-Macau casino venture Melco Crown have jumped about 150 percent in 12 months. Melco Crown plans to open a $1 billion casino resort in the Philippines by mid-2014.moreless
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