Ricardo C.S. Siu is Associate Professor of Business Economics in the Faculty of Business Administration at the University of Macau. His research work focuses on institutional economics, economics of casino gaming/tourism and the Chinese economy. Ricardo is an internationally known scholar in the stream of casino gaming, specializing in the areas of public policy and evolution of casino gaming in Macao and other Asian jurisdictions. He is a frequently invited speaker to various executive development programs in gaming management. Ricardo has widely published in academic journals, books and professional magazines in the areas of casino gaming and tourism. He is the author of the book Economic Principles for the Hospitality Industry (2020).

• The Big Picture1 Introduction1.1 Composition of casino tourism in East and Southeast Asia1.2 Performance of the industry: An overview1.3 Research questions1.4 Approaches1.5 Organization of this book2 Evolution and Modern Development of Casino Tourism in East and Southeast Asia2.1 Characteristics and a short history of casino tourism2.2 Contextual settings of East and Southeast Asia2.3 Basis, organization and structure of the industry2.4 Landmarks for modern development and their dynamics 2.5 Existing structure/organization and probable changes2.6 Summary3 Social Economics and Political Economy of Casino Tourism3.1 Principles of social economics and political economy3.2 Socio-economic attributes and impacts of casino tourism3.3 Political economy of casino tourism3.4 Dynamics of different interest groups3.5 SummaryDynamics and Concerns4 Reality or Illusion? Specific Lessons from Macao4.1 From casino gaming to casino tourism destination4.2 Factors that have led to enviable performance in new era4.3 Macao model dilemma4.4 Reforms and prospects4.5 SummaryCautious Planning and Different Practices5 IR Model of Singapore and Implications5.1 Cautious and strategic public decisions5.2 Industrial performance in a dynamic environment5.3 Updated policies that align with changing environment5.4 A new model for casino tourism?5.5 Summary6 Different Approaches and Performance: Malaysia and South Korea6.1 Forces that have led to monopoly structure in Malaysia6.2 Business practices and dynamics of the industry6.3 Casino tourism for foreign visitors of South Koea6.4 Casino monopoly for local Koreans6.5 SummaryActive Participants and Imitators7. Active and Emerging Casino Tourism Destinations in Southeast Asia7.1 The Philippines: From a government monopoly to private operations7.2 Progress of casino tourism in Vietnam7.3 Active expansion of Cambodia and issues7.4 Lagging progress and reality of Laos7.5 Ambiguous status and progress in Myanmar7.6 Summary8 Dynamics and Uncertainties of Casino Tourism in Japan and other Potential Destinations8.1 A long process in Japan8.2 A landmark decision and prospects in Japan8.3 Issues in Taiwan8.4 Looking ahead to Thailand8.5 SummaryThe New Dynamics and Roadmap Ahead9 Prospects of Casino Tourism in East and Southeast Asia9.1 Dynamics from changes in the “China factor”9.2 Reshaping the role and composition of non-gaming elements9.3 Dynamics and uncertainties ahead9.4 Conclusion and remarks

‘This timely and outstanding book, written by a respected commentator and acknowledged expert on casino tourism, is essential reading both for specialists in the field and those interested in the broader touristic significance of a growing and economically important business. The specific focus on east and southeast Asia offers uniquely detailed insights into an area of the world where tourism is evolving rapidly. The author provides a wealth of data on, and analysis of, the role being played by casino tourism in this process of evolution. Highly recommended.’-Dr Roy C Wood, Visiting Professor, Hertfordshire Business School, University of Hertfordshire, UK.‘I would highly recommend this book to anyone interested in delving into the captivating world of casino tourism, particularly in East and Southeast Asia. As someone who is always been fascinated by this subject, I was thrilled to discover that the author, a renowned figure in the field, has poured extensive knowledge and insights into its pages. The book not only presents ten thought-provoking research questions that guide readers through the evolution of casino tourism in the region, but it also introduces an ingenious analytical framework that offers a fresh perspective on its development. For me, this book has been an enlightening exploration, shedding new light on the world of casino tourism in East and Southeast Asia.’-Dr Amy Siu Ian So, Associate Professor, Department of Integrated Resort and Tourism Management, University of Macau, China‘Casino tourism boomed in East and Southeast Asia after Macau opened the sector to competition in 2004. Many other jurisdictions soon followed, including Singapore, in the context of a turn to an integrated resort model, with each jurisdictions adopting its own variation. This book discusses the key policy choices and compares various regulatory models, institutional settings, and their economic and social implications. It is an invaluable resource to understand modern regulatory approaches to the casino tourism industry in Asia.’-Dr Jorge Godinho, Associate Professor, Instituto Superior Manuel Teixeira Gomes (ISMAT), Portimão, Algarve, Portugal

Ricardo C.S. Siu is Associate Professor of Business Economics in the Faculty of Business Administration at the University of Macau. His research work focuses on institutional economics, economics of casino gaming/tourism and the Chinese economy. Ricardo is an internationally known scholar in the stream of casino gaming, specializing in the areas of public policy and evolution of casino gaming in Macao and other Asian jurisdictions. He is a frequently invited speaker to various executive development programs in gaming management. Ricardo has widely published in academic journals, books and professional magazines in the areas of casino gaming and tourism. He is the author of the book Economic Principles for the Hospitality Industry (2020).

• The Big Picture1 Introduction1.1 Composition of casino tourism in East and Southeast Asia1.2 Performance of the industry: An overview1.3 Research questions1.4 Approaches1.5 Organization of this book2 Evolution and Modern Development of Casino Tourism in East and Southeast Asia2.1 Characteristics and a short history of casino tourism2.2 Contextual settings of East and Southeast Asia2.3 Basis, organization and structure of the industry2.4 Landmarks for modern development and their dynamics 2.5 Existing structure/organization and probable changes2.6 Summary3 Social Economics and Political Economy of Casino Tourism3.1 Principles of social economics and political economy3.2 Socio-economic attributes and impacts of casino tourism3.3 Political economy of casino tourism3.4 Dynamics of different interest groups3.5 SummaryDynamics and Concerns4 Reality or Illusion? Specific Lessons from Macao4.1 From casino gaming to casino tourism destination4.2 Factors that have led to enviable performance in new era4.3 Macao model dilemma4.4 Reforms and prospects4.5 SummaryCautious Planning and Different Practices5 IR Model of Singapore and Implications5.1 Cautious and strategic public decisions5.2 Industrial performance in a dynamic environment5.3 Updated policies that align with changing environment5.4 A new model for casino tourism?5.5 Summary6 Different Approaches and Performance: Malaysia and South Korea6.1 Forces that have led to monopoly structure in Malaysia6.2 Business practices and dynamics of the industry6.3 Casino tourism for foreign visitors of South Koea6.4 Casino monopoly for local Koreans6.5 SummaryActive Participants and Imitators7. Active and Emerging Casino Tourism Destinations in Southeast Asia7.1 The Philippines: From a government monopoly to private operations7.2 Progress of casino tourism in Vietnam7.3 Active expansion of Cambodia and issues7.4 Lagging progress and reality of Laos7.5 Ambiguous status and progress in Myanmar7.6 Summary8 Dynamics and Uncertainties of Casino Tourism in Japan and other Potential Destinations8.1 A long process in Japan8.2 A landmark decision and prospects in Japan8.3 Issues in Taiwan8.4 Looking ahead to Thailand8.5 SummaryThe New Dynamics and Roadmap Ahead9 Prospects of Casino Tourism in East and Southeast Asia9.1 Dynamics from changes in the “China factor”9.2 Reshaping the role and composition of non-gaming elements9.3 Dynamics and uncertainties ahead9.4 Conclusion and remarks

‘This timely and outstanding book, written by a respected commentator and acknowledged expert on casino tourism, is essential reading both for specialists in the field and those interested in the broader touristic significance of a growing and economically important business. The specific focus on east and southeast Asia offers uniquely detailed insights into an area of the world where tourism is evolving rapidly. The author provides a wealth of data on, and analysis of, the role being played by casino tourism in this process of evolution. Highly recommended.’-Dr Roy C Wood, Visiting Professor, Hertfordshire Business School, University of Hertfordshire, UK.‘I would highly recommend this book to anyone interested in delving into the captivating world of casino tourism, particularly in East and Southeast Asia. As someone who is always been fascinated by this subject, I was thrilled to discover that the author, a renowned figure in the field, has poured extensive knowledge and insights into its pages. The book not only presents ten thought-provoking research questions that guide readers through the evolution of casino tourism in the region, but it also introduces an ingenious analytical framework that offers a fresh perspective on its development. For me, this book has been an enlightening exploration, shedding new light on the world of casino tourism in East and Southeast Asia.’-Dr Amy Siu Ian So, Associate Professor, Department of Integrated Resort and Tourism Management, University of Macau, China‘Casino tourism boomed in East and Southeast Asia after Macau opened the sector to competition in 2004. Many other jurisdictions soon followed, including Singapore, in the context of a turn to an integrated resort model, with each jurisdictions adopting its own variation. This book discusses the key policy choices and compares various regulatory models, institutional settings, and their economic and social implications. It is an invaluable resource to understand modern regulatory approaches to the casino tourism industry in Asia.’-Dr Jorge Godinho, Associate Professor, Instituto Superior Manuel Teixeira Gomes (ISMAT), Portimão, Algarve, Portugal

Ricardo C.S. Siu is Associate Professor of Business Economics in the Faculty of Business Administration at the University of Macau. His research work focuses on institutional economics, economics of casino gaming/tourism and the Chinese economy. Ricardo is an internationally known scholar in the stream of casino gaming, specializing in the areas of public policy and evolution of casino gaming in Macao and other Asian jurisdictions. He is a frequently invited speaker to various executive development programs in gaming management. Ricardo has widely published in academic journals, books and professional magazines in the areas of casino gaming and tourism. He is the author of the book Economic Principles for the Hospitality Industry (2020).

• The Big Picture1 Introduction1.1 Composition of casino tourism in East and Southeast Asia1.2 Performance of the industry: An overview1.3 Research questions1.4 Approaches1.5 Organization of this book2 Evolution and Modern Development of Casino Tourism in East and Southeast Asia2.1 Characteristics and a short history of casino tourism2.2 Contextual settings of East and Southeast Asia2.3 Basis, organization and structure of the industry2.4 Landmarks for modern development and their dynamics 2.5 Existing structure/organization and probable changes2.6 Summary3 Social Economics and Political Economy of Casino Tourism3.1 Principles of social economics and political economy3.2 Socio-economic attributes and impacts of casino tourism3.3 Political economy of casino tourism3.4 Dynamics of different interest groups3.5 SummaryDynamics and Concerns4 Reality or Illusion? Specific Lessons from Macao4.1 From casino gaming to casino tourism destination4.2 Factors that have led to enviable performance in new era4.3 Macao model dilemma4.4 Reforms and prospects4.5 SummaryCautious Planning and Different Practices5 IR Model of Singapore and Implications5.1 Cautious and strategic public decisions5.2 Industrial performance in a dynamic environment5.3 Updated policies that align with changing environment5.4 A new model for casino tourism?5.5 Summary6 Different Approaches and Performance: Malaysia and South Korea6.1 Forces that have led to monopoly structure in Malaysia6.2 Business practices and dynamics of the industry6.3 Casino tourism for foreign visitors of South Koea6.4 Casino monopoly for local Koreans6.5 SummaryActive Participants and Imitators7. Active and Emerging Casino Tourism Destinations in Southeast Asia7.1 The Philippines: From a government monopoly to private operations7.2 Progress of casino tourism in Vietnam7.3 Active expansion of Cambodia and issues7.4 Lagging progress and reality of Laos7.5 Ambiguous status and progress in Myanmar7.6 Summary8 Dynamics and Uncertainties of Casino Tourism in Japan and other Potential Destinations8.1 A long process in Japan8.2 A landmark decision and prospects in Japan8.3 Issues in Taiwan8.4 Looking ahead to Thailand8.5 SummaryThe New Dynamics and Roadmap Ahead9 Prospects of Casino Tourism in East and Southeast Asia9.1 Dynamics from changes in the “China factor”9.2 Reshaping the role and composition of non-gaming elements9.3 Dynamics and uncertainties ahead9.4 Conclusion and remarks

‘This timely and outstanding book, written by a respected commentator and acknowledged expert on casino tourism, is essential reading both for specialists in the field and those interested in the broader touristic significance of a growing and economically important business. The specific focus on east and southeast Asia offers uniquely detailed insights into an area of the world where tourism is evolving rapidly. The author provides a wealth of data on, and analysis of, the role being played by casino tourism in this process of evolution. Highly recommended.’-Dr Roy C Wood, Visiting Professor, Hertfordshire Business School, University of Hertfordshire, UK.‘I would highly recommend this book to anyone interested in delving into the captivating world of casino tourism, particularly in East and Southeast Asia. As someone who is always been fascinated by this subject, I was thrilled to discover that the author, a renowned figure in the field, has poured extensive knowledge and insights into its pages. The book not only presents ten thought-provoking research questions that guide readers through the evolution of casino tourism in the region, but it also introduces an ingenious analytical framework that offers a fresh perspective on its development. For me, this book has been an enlightening exploration, shedding new light on the world of casino tourism in East and Southeast Asia.’-Dr Amy Siu Ian So, Associate Professor, Department of Integrated Resort and Tourism Management, University of Macau, China‘Casino tourism boomed in East and Southeast Asia after Macau opened the sector to competition in 2004. Many other jurisdictions soon followed, including Singapore, in the context of a turn to an integrated resort model, with each jurisdictions adopting its own variation. This book discusses the key policy choices and compares various regulatory models, institutional settings, and their economic and social implications. It is an invaluable resource to understand modern regulatory approaches to the casino tourism industry in Asia.’-Dr Jorge Godinho, Associate Professor, Instituto Superior Manuel Teixeira Gomes (ISMAT), Portimão, Algarve, Portugal