Jonathan Watts: Hong Kong’s seedy neighbour hits the jackpot at last

From The Guardian:

Michael Swing does not have to go back far to remember the bad old days in , when Triad gangs were blowing up cars and spraying bullets at each other in shopping malls.

…Since it was handed back to Chinese rule in 1999, the territory has experienced one of the most spectacular bursts of economic growth in history and it is now aiming at a new reputation: the entertainment capital of Asia.

Under a $17bn (£8.8bn) plan unveiled yesterday by the Las Vegas mogul Sheldon Adelson, Macau will build a strip on reclaimed land with seven casino hotels, 60,000 rooms, dozens of restaurants and waterways plied by gondolas.

Thanks to Michael Rank for sending in this link to CDT.

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