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Business trends

Asia's casinos bet $65bn on expansion despite China slowdown

Dependence on Chinese players raises doubts about payback

Casino operators are spending billions to expand and diversify their attractions. (Photo by Manda Yeung)
ERI SUGIURA, Nikkei staff writer, and SHAUN TURTON, Contributing writer | Singapore

SINGAPORE/TOKYO/PHNOM PENH -- The race to woo China's gamblers is fueling an investment arms race in Asia's casino industry, with planned spending on new and expansion projects projected to top $65 billion over the coming years.

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