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image: https://diybackpacker.files.wordpress.com/2014/01/macaupostcard.jpg

     Macau's reputation as the center of Chinese gambling is under threat after Chinese President Xi Jinping further increased pressure on anti-corruption and economic diversity. Especially threatened are the city's junket operators, whose rich clients are commonly accused of illicit business and agreements during their visits to Macau.
     In response to the pressure, David Group announced it would be closing 4 out of its 5 gambling rooms in Macau, after claims by Frank Ng that the company plans to move its business to the Philippines, Vietnam and South Korea, countries which have all entered the gambling industry relatively recently.
     However, there might yet be hope for Macau, as Ng describes the current conditions not as an ending, but as a hibernation until things improve.
     While David Group might be moving, reports show that China's gamblers aren't going with them, instead ceasing to gamble at all. Casinos in Manila and Vietnam have suffered disappointing revenues in their opening years, as they fail to attract visitors.
     Regardless, Macau's gambling revenue fell for the first time in a decade, leaving many to wonder whether this is a small bump for the industry that makes up over half of Macau's revenue, or the end of a global gambling empire.

     I personally would be sad to see the casinos go. Sure, some may argue that they've robbed Macau of its cultural identity, and replaced it with a corporate, modern environment, but I know that Macau is still the same place at heart as it was when I was young. I find that the casinos, mostly built on reclaimed land, do not dominate the local culture, instead changing it, adding a new, modernized dimension. I am sure that no local would claim that they do not enjoy the new shopping malls, restaurants, and global recognition that the gambling industry has brought, and the local shops and markets certainly benefit from the huge seasonal population increase that has flooded the area with Chinese money.
     Then again, maybe Macau wasn't made for this kind of huge, bustling industry. The shops and restaurants that I enjoyed as a child may still be there, but should development and construction continue at its current pace, I cannot see how these businesses will survive the competition for space and location.
     As a small economy, Macau could also easily become economically over-reliant on gambling, as some may argue it already has. It will be interesting how the Macanese government itself will respond to Xi Jinping's demand for diversification, and whether it will be possible at all to distance the economy from its gambling reputation.
     My greatest fear is that Macau will become a has-been, once-was city, its once-dazzling and vibrant skyscrapers decorating a deserted city that failed to adapt to the changing times and was left behind. Perhaps the construction of the HK-Zhuhai-Macau Bridge will cause the tourism to relapse, and Macau will return to its economic growth, but the volatility of the industry has already been demonstrated, and whatever happens, I just hope that Macau will remain recognizable as my childhood home.

My Grandmother's restaurant in Taipa Village image: http://i.yp.mo/kiulam/

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image: theage.com.au

     A new energy policy is taking effect in Queensland, Australia, lowering overall energy consumption costs, but massively inflating prices for energy services. Effectually, according to director of Country Solar Steve Madson, this policy has no effect on energy bills, and can even lower them, while simultaneously removing all economic incentive for consumers to install new solar systems.

     Madson's suspicion is based in precedent. Prime Minister Tony Abbott described climate change theories as 'crap' in 2009, and earlier this year, Australia became the first developed nation in the world to repeal their carbon tax, despite its effectiveness.

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     More information has come out recently regarding Uber's rivalry with hire-car service Lyft. Lyft claims to have evidence that Uber employees, including recruiters, have ordered and cancelled over 5500 rides on Lyft since last October. By linking accounts with large numbers of cancellations to phone numbers, Lyft claims to have unearthed a slew of accounts that in fact belong to just a few people, presumed Uber employees. One such user has been linked with 22 accounts, and is accused of over 1500 cancelled rides between the end of May 2013 and June 2014.

     This isn't the first instance of such tactics from Uber either. Earlier this year, Uber was accused of calling and canceling 300 rides on another competitor's app: Gett. In addition, Lyft drivers have reported frequent hires from Uber employees, who take short and low-profit rides, devoting time to convert them into Uber drivers. These questionable recruitment tactics have proven costly for Uber, as negative attention piles upon them, some customers are vowing to discontinue use of the app until their 'act is cleaned up.'  Only time will tell what, if there are any, the consequences will be.

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