Macao, the “Las Vegas of the East,” has transformed into a bustling gaming hub since its takeover by China in 1999. The city’s GDP per person has quadrupled to $68,000, surpassing Hong Kong’s $50,000, but at what cost?
The city’s casino industry has brought ease and luxury to some, but it has also led to overcrowding, commercialization, and stress for many residents. Coffee shop owner Daniel Chao remembers doing homework in the middle of the night due to his mother’s irregular work hours at a casino.
Critics argue that Macao’s economy lacks diversity and civic participation, with the city relying heavily on gaming revenue. The ruling Communist Party’s agenda now holds sway, leading to increased political controls and restrictions on free speech.
The 25th anniversary of Macao’s return to Chinese rule is marked by celebrations and festivities, but many residents are frustrated with the lack of progress in areas such as economic development and press freedom. Some have chosen to leave the city, while others feel trapped by their circumstances.
Despite some improvements in public security, economy, and welfare, many residents express concerns about the psychological damage of living in a gaming hub. The annual cash handouts, funded by gaming tax reserves, are seen as compensation for this damage, but it’s not enough to counteract the negative effects of Macao’s casino boom.
As the city looks to the future, it remains to be seen whether its casino industry can bring about sustainable development and economic growth that benefits all residents.
Source: https://apnews.com/article/macao-25th-anniversary-handover-casino-china-6f6bc0345cf94bd787a65c4623f7d7e8