Hengqin – Game changer for Macau?

    Published in: Latest IntelligenceHengqin, an island 200 meters from Macau, yet three times its size, is being touted as a game-changer for the world’s biggest gambling hub and a catalyst for the future growth of its casino industry. It is part of mainland China’s Zhuhai City and gambling is banned there, but the island is expected to drive the next phase of development in Macau, boosting supply and therefore reducing costs and diversifying the territory away from a pure gambling play. “When I speak with international investors who express regret for not investing in Cotai ten years ago when they had the opportunity, I tell them they still can: it’s called Hengqin,” said Matthew Ossolinski, CEO of GW Investment Consulting. The investment consultancy is specialized in introducing foreign investors to development opportunities in Hengqin. While in a speech at the University of Macau last September, Stephen Wynn, chairman of Wynn Macau predicted...

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