MACAU IN ATTAINING TIGER ECONOMY STATUS

Portugal

Macau was governed by ___ before being handed over to China in 1999.

Gambling, tourism, racing

Centered on ___, ___, and ___ under Portuguese rule.

Legal

The Portuguese colonial government made gambling ___ in the 1850s.

Sociedade de Turismo e Diversões de Macau

Granted monopoly rights over all gambling operations in 1962 (STDM).

Hydrofoil

Transportation introduced in the mid-1980s to bring gamblers quickly from Hong Kong to Macau.

Macau International Airport

Macau: Built to support tourism and improve international accessibility (MIA).

Bridge of Friendship

1994: Constructed to enhance transportation and tourism connectivity (BOF).

Macau Grand Prix

Racing Industry: Another key economic activity under Portuguese rule, highlighted by the ___.

China

December 20, 1999: Transfer of Macau from Portugal to ___, ending over 400 years of colonial rule.

Special Administrative Region

Macau ___ is established after the handover as part of the People’s Republic of China.

Grand Lisboa

2008: One of Macau’s landmark casinos.

Wynn Macau

2006: Luxury casino and hotel contributing to the gambling sector.

City of Dreams

2009: Integrated entertainment and casino complex.

The Venetian Macau

2007: Large casino and hotel modeled after Venice.

MGM Grand Macau

2007: Major casino resort expanding Macau’s gaming industry.

St. Paul’s Cathedral, Senado Square

Key attractions include ___ and ___, symbols of Macau’s blend of Portuguese and Chinese heritage.