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China wants its casino paradise to become tech Mecca

Added 12-04-21 02:37:02am EST - “The Chinese government plans to transform its largest casino den, Macau, into a regional technology hub, the South China Morning Post reported, citing technology industry executives and officials.” - Rt.com

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Posted By TheNewsCommenter: From Rt.com: “China wants its casino paradise to become tech Mecca”. Below is an excerpt from the article.

This comes as the Venetian Macao Convention and Exhibition Centre this week hosted a big technology-themed trade fair, which is expected to give rise to new industries and revitalize the regional economy.

The event’s website portrayed Macau as “the new centre of international technologies” to connect the Asia Pacific tech ecosystem with the rest of the world.

“The Guangdong-Macau in-depth cooperation zone in Hengqin has created a new opportunity for technology innovation and industry transformation of Macau,” said Zhang Yuzhuo, vice chairman of the China Association for Science and Technology.

“It will supercharge the diversification of Macau’s economy and continuous prosperity,” he added.

Gambling in the former Portuguese colony has been legal since the 1850s, with Macau being dubbed the ‘Gambling capital of the world’ and the ‘Monte Carlo of the East’.

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