1. How would you characterize competition in the gaming industry in Macau?
Macau is one of the biggest gambling hubs in the world and is especially attractive because it is the only place in China where gambling is legal. Many companies wish to open casinos or hotels in this former Portuguese colony.
However, with casinos it is not that simple. Legally, there is no competition in the Macau gambling industry as the Executive of Macau SAR has a monopoly over all gaming business (Pereiro, 2010). It can sign concession agreements with companies granting them the right to open ...
Macau Critical Thinkings Samples For Students
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Wynn Resorts, Ltd
Wynn Resorts Ltd. Growth and Expansion strategy
The Cotai Strip expansion strategy can be classified as a wholly owned subsidiary expansion strategy, it is a strategy aimed at increasing market share and keeping existing customers. The expansion strategy fits because Wynn Resorts Ltd has already established a branch in the location and aims at distributing its services to more consumers.
This expansion will create a network of interdependent subsidiaries that share the same brand name; the advantages accrued to this strategy are that the company will not risk sharing technological and managerial knowledge to competitors. The company will also be in a ...
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