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microeconomics

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Appendix and References
1. Consumer Price Indices

2. Income and Assets Test

3. http://www.hkdailynews.com.hk/news.php?id=277873
4. http://www.censtatd.gov.hk/hkstat/sub/so30.jsp
5. http://www.censtatd.gov.hk/hkstat/sub/so60.jsp
6. http://www.swd.gov.hk/en/index/site_pubsvc/page_socsecu/sub_comprehens/ 7. http://www.poverty.org.hk/povertydata?tid=26
8. http://www.hkcss.org.hk/policy/

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1.Introduction (BY WONG YAT MING)

Casino is equal to all kinds of gambling properties or activities including horse-racing, dog-racing and cruise ships. Nowadays, there are about 6,224 casinos in the world. The most popular casino must be the one in Las Vegas. Besides, Cathy H.C. Hsu points that gambling has existed in Asia for many centuries and gambling has become part of daily life in many Asian cultures like India (Casino Industry in Asia Pacific Development, Operation and Impact). Many Asian governments are turning to gambling to bolster their economies, to capture taxes lost to illegal betting and to boost tourism. Why Hong Kong does not widely develop casino?

In fact, Hong Kong has the Hong Kong Jockey Club to provide horse-racing betting and football betting to the general public. However, in Hong Kong, there are some restrictions to the development of gaming, so casino cannot be widely developed. The limit land may also one of the factors to affect the development of casino. On the other hand, developing casino raises more concerns no matter on the economic and social perspectives.

Therefore, this essay aims to examine the negative impacts of widely developing casino on Hong Kong and the limitation on developing casino in Hong Kong.

2.Adolescent gambling in...