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Monday, October 22, 2012

Macau's Skewed Priorities




From: Bill Kearney
Chicago Tribune - October 21, 2012 - One public hospital, 36 casinos: Macau's skewed bet on prosperity

MACAU (Reuters) - A short walk from billionaire Stanley Ho's extravagant Grand Lisboa casino stands the faded pink exterior of the Conde S. Januário, Macau's only public hospital.

Inside, bathroom tiles are stained and paint peels off the walls along the corridors where patients queue to be examined by busy medical staff. The hospital, built in the 1980s, serves the former Portuguese colony's more than half a million residents.
...

A new hospital is planned, but won't open until 2019. By then, Macau is expected to have added another six glitzy casinos to the three dozen that already make it the world's betting capital, as Las Vegas mogul Steve Wynn and others continue to bet on the only place where Chinese can legally gamble.

Life in Macau, a southern Chinese enclave one third of the size of Manhattan, is geared to gambling, which brings in revenue of more than $33 billion and accounts for more than 40 percent of GDP. There are more than four times as many gambling tables per 1,000 residents than hospital beds.

Read more: http://www.chicagotribune.com/sns-rt-us-macau-infrastructurebre89k0g3-20121021,0,1464804.story
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