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Are travel and competing destinations a threat to Macau ?
Could the return of international travel and efforts in places like Vegas to tap into the Asian gambling market trouble the SAR ? No , says Annie Siara
There are various factors to consider when assessing the potential competition :
Travel Macau is open to travel from mainland China . The length of time that a Chinese traveller needs to quarantine is much shorter than a fellow visitor from Hong Kong or Taiwan ( see p17 ). Elsewhere , with hate crimes against Asian Americans on the rise in some states , the US may also suffer a hit with both the Chinese outbound tourism market and the Chinese international student market into the country .
Blacklisting The Ministry of Culture and Tourism China has established a ‘ blacklist ’ system for overseas tourist destinations promoting gambling to Chinese travellers .
The first batch of blacklist measures were released in August 2020 , though jurisdictions added have not been made public . However , gambling destinations outside of Macau such as the for gambling and disrupts Philippines , South Korea and the business order of China ’ s Vietnam , which have focused outbound tourism market . on developing luxury
This endangers Chinese consumption for mainland citizens ’ personal and travellers and developing the property safety . gaming industry to attract Accordingly , the Ministry mainland tourism , could be of Culture and Tourism has significantly affected . established a ‘ blacklist ’
The content of the system for cross-border announcement pointed out gambling tourist destinations that in recent years , with and will impose relevant the increasing convenience travel restrictions on Chinese of foreign exchanges , citizens going to overseas the number of Chinese cities and scenic spots on citizens travelling abroad the blacklist . has continued to increase , Considering these external enhancing cooperation factors and policies , I do between China and foreign not think other gambling countries . However , the destinations could tap opening of casinos in some into the Chinese gamblers ’ overseas cities attracts market in the same capacity Chinese tourists to go abroad as Macau .
Announcement of the ‘ blacklist ’ made by the Ministry of Culture and Tourism China
June 2021