Hugh Hefner Hits Macau
July 12, 2007
From Bloomberg:
Welcome to Macau’s boom. Even by China’s white-hot-growth standards, its gambling-driven prosperity is something to behold. It had 22 million visitors in 2006, a 17 percent surge from 2005 that propelled the local economy to expand by the same amount. More importantly to the Steve Wynns of the world, Macau has surpassed Las Vegas as the No. 1 gambling hub.
The boom has even impressed Hugh Hefner. In 2009, his Playboy Enterprises Inc. plans to open a 40,000-square-foot (3,716-square-meter) entertainment complex, including gaming facilities and bunny-suited waitresses. It will be Asia’s first Playboy Club since the last one closed in Manila in 1991.
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Posted in Macau, New Asian Tigers
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