Aristocrat Leisure Limited: Case Study
Aristocrat Leisure Limited is the largest gaming machine manufacturer in Australia, and is one of the largest manufacturers of slot machines in the world. The company produced its first machine in 1953, founded by Len Ainsworth. Aside from spinning reel slot machines, the company also has interests in gaming systems (a computerized network systems that manage slot machines), computerized card game simulations, electronic table games and linked jackpot system.
Government
Macau is a country in it’s own but it’s a special administrative region of the People's Republic of China. It’s civil law system based on the Portuguese model. To elect the leader you must more 18 years old. President of China XI Jinping is a state leader of Macau. Head of …show more content…
In other words, you can get about 8 MOP with one USD. Free trade is a policy in international markets in which governments do not restrict imports or exports. In 2011, Macau's free-market economy produced total exports of US$1.119 billion (MOP 8.94 billion) and consisted mainly of clothing, textiles, footwear, toys, electronics, machinery and parts. Macau's gaming and tourism businesses were fueled by China's decision to relax travel restrictions on Chinese citizens wishing to visit Macau. In 2014, Macau's gaming-related taxes accounted for more than 83% of total government …show more content…
In the structure of the religion believers, Macau is like other Chinese communities, people usually believe in the traditional Folk religion. Most of the believers are Buddhist. Because of the historical background of Macau, the Roman Catholic Church and Protestant Church of the Christianity are animated in Macau community and have some believers to support them, included some alternative Christianity.
Risks
The overall risk is low. Our company is a gaming equipment provider, which is really profitable for us because Macau is a regional gaming center with a strong tourism industry. Macau is the country that boasts her affluent gambling cultures. There are many people who go to casinos simply due to their desire to earn a lot of money while others have specific business-relevant reasons. Obviously, those places are vulnerable to natural disasters like typhoons and earthquakes since those catastrophes result in vast economic loss not only because it costs a lot to build casinos but also many people
Government
Macau is a country in it’s own but it’s a special administrative region of the People's Republic of China. It’s civil law system based on the Portuguese model. To elect the leader you must more 18 years old. President of China XI Jinping is a state leader of Macau. Head of …show more content…
In other words, you can get about 8 MOP with one USD. Free trade is a policy in international markets in which governments do not restrict imports or exports. In 2011, Macau's free-market economy produced total exports of US$1.119 billion (MOP 8.94 billion) and consisted mainly of clothing, textiles, footwear, toys, electronics, machinery and parts. Macau's gaming and tourism businesses were fueled by China's decision to relax travel restrictions on Chinese citizens wishing to visit Macau. In 2014, Macau's gaming-related taxes accounted for more than 83% of total government …show more content…
In the structure of the religion believers, Macau is like other Chinese communities, people usually believe in the traditional Folk religion. Most of the believers are Buddhist. Because of the historical background of Macau, the Roman Catholic Church and Protestant Church of the Christianity are animated in Macau community and have some believers to support them, included some alternative Christianity.
Risks
The overall risk is low. Our company is a gaming equipment provider, which is really profitable for us because Macau is a regional gaming center with a strong tourism industry. Macau is the country that boasts her affluent gambling cultures. There are many people who go to casinos simply due to their desire to earn a lot of money while others have specific business-relevant reasons. Obviously, those places are vulnerable to natural disasters like typhoons and earthquakes since those catastrophes result in vast economic loss not only because it costs a lot to build casinos but also many people