The future has come to Macau but the casinos and the city aren’t ready for it. A report from Sanford Bernstein says Macau’s real prospects for growth in the next decade lie in the mass market. But ...

The former Portuguese colony, now a global gambling hub, has been more willing than its neighbor to accept Beijing’s authority. By Steven Lee Myers Photographs by Lam Yik Fei Macau’s first casino, the ...