Gambling does not appeal to Rahul Chadha, but the chief investment officer of Mirae, Korea’s largest international fund business, is willing to wager on Asia’s booming casinos.
The Delhi-born fund manager has taken to strolling around the increasingly luxurious gambling dens of Macau, China’s answer to Las Vegas, looking for establishments with the highest minimum bet thresholds.
“Macau’s gambling market is nearly eight times [that of] Las Vegas; that’s because the Chinese love to gamble,” he says.
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