Macau is a former Portuguese colony, and in 1999 it became a special administrative region of China. Its economy relies heavily on tourism, specifically the gambling industry, whose revenue has made Macau the world's largest casino market.

Tourists take part in a "sky walk" on the rim of the 61st floor of the Macau Tower in Macau. Photo: AFP

Tourism boom already driving Macau growth, Nomura

Casino giants are starting to benefit from stable growth in Macau’s tourist numbers, as the gaming industry increasingly depends on casual gamblers instead of high-rollers, according to new research report.