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Wage Premium and Rent Sharing of a Dominant Sector: The Gaming of Macao estudo

 jul 26 Chi-shing Chan1 | Jie He2 | Fung Kwan3 | Ziang Qiu4 | Yang Zhang5 1 Centre for Macau Studies, University of Macau, Macao, China | 2Department of Economics, University of Macau, Macao, China | 3Department of Economics, Asia-Pacific Academy of Economics & Management, Centre for Macau Studies, University of Macau, Macao, China | 4Faculty of Business Administration, University of Macau, Macao, China | 5Department of Finance and Business Economics, University of Macau, Macao, China Correspondence: Fung Kwan (fungkwan@umac.mo) Received: 30 January 2026 | Revised: 13 May 2026 | Accepted: 14 June 2026 Keywords: gaming sector | inter-industry wage differential | Macao | rent sharing | wage premium ABSTRACT We examined the hidden wage differences between gaming, a dominant sector of the small open economy, Macao, and non- gaming. The findings reveal significant and persistent wage gaps between the gaming industry and other sectors of the economy, even after accounting for labour-...

Dependência do jogo em Macau representa "riscos estruturais" para a China, afirma estudo

 jul26 s chineses alertaram, com base num estudo que fizeram, que a dependência de Macau do jogo trouxe ganhos económicos consideráveis ao território, mas representa “riscos estruturais” para a estabilidade financeira da cidade e da China continental. Os investigadores Zhong Yun e Hu Zhouqin, do Instituto de Economia da Universidade de Jinan, acompanharam a evolução do setor desde a abertura das concessões em 2002 até ao presente, avaliando o seu papel na estratégia governamental de “diversificação económica adequada”. Assina O estudo, publicado na revista académica “Estudos na Área do Jogo e do Turismo Mundial” da Universidade Politécnica de Macau, conclui que, embora o jogo e o turismo tenham desempenhado um papel decisivo no crescimento económico, na acumulação fiscal e no desenvolvimento urbano, também geraram potenciais ameaças à segurança financeira nacional, sobretudo devido aos fluxos transfronteiriços de capitais. Segundo o relatório, a indústria funcionou como motor de cr...

A Tale of Two Cities An executive’s view of Macau vs Las Vegas

 jun26 Mark Tricano has held senior executive positions at Macau’s Galaxy Entertainment Group and in the US with Caesars Entertainment, Fontainebleau and Station Casinos. In this first of a two-part series, he shares his unique insights into the differences between working in these two global gaming hubs. On the surface, Las Vegas and Macau look like two sides of the same coin. Walk a casino in either market and the energy is familiar – the sounds, the movement and the excitement – but dig deeper and they are meaningfully different. They operate under different rules, serve different customers and require different attributes from the people responsible for leading them. I have spent the better part of two decades working in Las Vegas and several years operating at a senior level in Macau. To be clear, I’m not a regulatory expert, a cultural scholar or the foremost authority on either market, but I am an operator who has paid close attention and learned a few things along the way. ...

The growing tension between market share acquisition costs and profit margin erosion

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 june26 Is Macau’s reinvestment race counter-productive?   by David Bonnet     Tue 30 Jun 2026 at 09:57 8 SHARES 193 VIEWS Integrated resort executive David Bonnet further explores the growing tension between market share acquisition costs and profit margin erosion in the SAR and asks whether operators are focusing on the right areas in their quest to boost market share. In an earlier article I wrote, called “Promo Costs: Market Share or Margin?,” we examined the growing tension between market share acquisition costs and profit margin erosion. At the heart of the discussion was a simple question: does increasing player reinvestment generate incremental growth or merely redistribute existing demand? More than three years into the post-pandemic recovery, new data provides additional insight into the market’s evolution. Macau has largely completed the transition from volume to yield growth. Capacity is fixed, visitation patterns have matured, and premium hotel inventor...