With the development of Macau occurring at such a rapid pace, it is possible that the introduction of additional supply in the market, alongwith a novelty effect, drives higher gaming revenues that in the medium run are unsustainable.
In the U.S., even though its stock market is at multi-year highs that might have one think its economy must be booming, the economy is just scraping along and slowing further, with GDP growing at just a 1.7% pacein the 2nd quarter, and corporations warning of still slower conditions ahead.