High Stakes & Superstitions.
Dr. Desmond Lam is a whale. Not because of his girth, but because of his worth to casinos. Casinos love Professor Lam because he’s a high roller, and an industry expert. He teaches, writes about gaming, and understands why nearly 25 million Chinese gamblers cram into little Macau each year (which is 1/6 the size of Washington, DC).
Here are three of his reasons why so many Chinese bet the farm in Macau:
1) The Chinese love to gamble. It does not matter if you’re playing Baccarat (Baak ga lok in Cantonese), Black Jack, Sic Bo, or Mahjongg with your grandmother - it’s all good. (Over 60 Chinese movies feature gambling, including “The God of Gamblers” which starred Chow Yun Fat, from “Crouching Tiger, Hidden Dragon”).
2) Casinos are prohibited on mainland China. But they are permitted in the former Portuguese colony of Macau (now a Special Administrative Region of the People’s Republic of China). Today, Macau is the largest gaming city in the world.
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Diese Geschichte stammt aus der July/August 2018-Ausgabe von Business Traveler.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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World Fairs - As Art Basel prepares for its annual shows in Paris and Miami, CEO Noah Horowitz discusses the cultural and financial impact of the globe's premier contemporary art event
Art basel ceo Noah Horowitz isn’t used to doing things the old-fashioned way. Before stepping up to lead the largest, most prestigious art fair operator in the world, he was Basel’s director of the Americas, in charge of the company’s most contemporary-leaning show in Miami Beach. Now he turns his attention from one of the youngest major art cities in the world to one of the oldest: Paris.
Beyond the Beach - Why Miami's Coconut Grove is booming
Miami’s oceanfront neighborhoods may grab international attention, but other parts of town offer as much appeal. The entire city is booming with development, says Jaclyn Bild, a broker associate with Douglas Elliman who was born and brought up in Miami. “The beating heart of Miami is now on the mainland, whereas before it was all about the Beach,” she says. “Neighborhoods that have been around forever are transforming into trend centers, and others are burgeoning for the first time.”
Dry Season - How resorts and wineries are adapting their programs to attract nondrinking visitors
Resort and Spa in Napa, California, it has always been about wine—with a location just minutes from top wineries, a restaurant with an extensive wine list, and rooms looking out over working vineyards. Since its opening in 2006, it has been inherently clear that this hotel caters largely to oenophiles. But after a twoyear $25 million renovation completed earlier this year, there have been a few notable additions to the premises: new rooms, a refreshed lobby and expanded bar, as well as a newfound emphasis on speaking to a sober or sober-curious audience.
American Airlines Flagship Lounge
Located in Terminal 4 at LAX, the American Airlines Flagship Lounge offers a respite from the chaos of one of the busiest airports in the world.
Iberia Next Business Class
Iberia has introduced its new Next cabin across its fleet, with upgrades in all classes, including significant improvements in Business.
Il Gattopardo
With a name evoking Luchino Visconti’s 1963 film, Il Gattopardo, this London restaurant pays homage to ’60s Italy. Located on Albemarle Street, it joins the family of international luxury restaurant brands that include übersuccessful Coya, Amazónico and the intimately elegant Bar des Prés.
Bar Iris
Bar Iris is a brilliant partnership between Michelin-starred chef David Yoshimura of Nisei, a California-Japanese restaurant located next door, the late Ilya Romanov and Timofei Osipenko, who now manages this elegant space and makes sure guests have a joyful time.
MercedesBenz AMG GT 63
Mercedes has just revealed an enticing sports car to rival the class-leading Porsche 911. The new-generation AMG GT is a two-door that’s fast but crucially lacks any practicalities.
Works
How eco-friendly timber is enabling the rise of \"ply-scrapers\" around the world
Top Secret
Beyond their advertised premium tiers, airlines offer clandestine ultra-elite status to their most valued clients
