Macau, known as the "Las Vegas of Asia," is facing increasing pressure to diversify its economy as online gambling platforms gain popularity. The territory’s traditional reliance on brick-and-mortar casinos has been challenged by the convenience and accessibility of online alternatives.
To remain competitive, Macau is exploring the development of a regulated online gambling market that would complement its existing casino industry. Officials are also focusing on attracting more non-gaming tourism, such as cultural events and family-friendly attractions.
Industry analysts warn that Macau must act quickly to adapt to changing consumer preferences or risk losing its status as a global gambling hub.
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