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5 Feb, 2013

Betting on Macau – Counting the Cost – Al Jazeera English

Macau’s economy expanded 14 percent last year and shows no signs of slowing down. In fact, quite the opposite. If all predictions are correct, the former Portuguese colony will have the fastest growing economy in the world this year with an unemployment rate of two percent.

But all this is dependent on gambling, which makes up 95 percent of Macau’s economy.

So, will its reliance on high-rolling gamblers put Macau’s economy at risk?

Read the rest: Betting on Macau – Counting the Cost – Al Jazeera English.