Betting on Macau
Casino Capitalism and China’s Consumer Revolution, by Tim Simpson
G Bracken (TU Delft - Spatial Planning and Strategy)
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Abstract
Macau was founded by the Portuguese in 1557 and was the West’s gateway to China before becoming a colonial backwater in the nineteenth century. It became a Special Administrative Region (SAR) of China in 1999, something that, according to Tim Simpson, augured ‘the embryonic stirring of a world-historical geopolitical realignment [with] the gradual geographical translocation of the axis of global capitalism from the once-dominant West to East Asia’ (pp. 4–5).