Is it true that Gambling city Macau marks 10 years of Chinese rule (AP)?
MACAU – Macau celebrated its 10th anniversary of Chinese rule Sunday, a decade marked by the extraordinary transformation of the once seedy Portuguese colony into a glitzy international gambling capital. But leaders stressed the need to lessen the local economy’s reliance on casinos even as they commemorated the success that has helped this southern Chinese enclave surpass Las Vegas as the world’s most lucrative gambling market. “In the next five years, we will actively promote the diverse economic development of Macau,” said the territory’s new leader, Fernando Chui, after being sworn in by Chinese President Hu Jintao. The tiny territory, best known as a dingy casino town in the past half-century of its 400-year history as a Portuguese colony, returned to Chinese rule on Dec. 20, 1999, as its economy was shriveling and warring Chinese gangs were frightening away tourists. Since then, violence has subsided and the economy has exploded. The one place in China where gambling is legal, Ma
MACAU — Macau celebrated its 10th anniversary of Chinese rule Sunday, a decade marked by the extraordinary transformation of the once seedy Portuguese colony into a glitzy international gambling capital. But leaders stressed the need to lessen the local economy’s reliance on casinos even as they commemorated the success that has helped this southern Chinese enclave surpass Las Vegas as the world’s most lucrative gambling market. “Inthe next five years, we will actively promote the diverse economic development of Macau,” said the territory’s new leader, Fernando Chui, after being sworn in by Chinese President Hu Jintao. The tiny territory, best known as a dingy casino town in the past half-century of its 400-year history as a Portuguese colony, returned to Chinese rule on Dec. 20, 1999, as its economy was shriveling and warring Chinese gangs were frightening away tourists. Since then, violence has subsided and the economy has exploded. The one place in China where gambling is legal, Mac
