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November 23, 2012

Casino economy mixed blessing for Macau

  • The casino boom is reshaping the economy, the culture and the landscape.
    • By KELVIN CHAN
    AP Business Writer

    MACAU — In a nondescript building around the corner from the world's biggest casino, students at the Macau Polytechnic Institute are in class. Huddled at a long table topped with green felt, they pay close attention as their instructor writes a series of diagrams and numbers on a whiteboard.

    But this isn't a regular math lesson. The students sitting around the roulette table are getting schooled on how to quickly calculate payoffs for the casino game by glancing at how the chips are placed. Elsewhere in the room, the biggest mock casino in Asia, other students are playing practice hands of blackjack or learning how to run a craps table.


     
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