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'China's Hawaii' Has A Gambling Plan: Here Are Potential Winners

Beijing's ambitions to bring more tourists and gambling to an island billed as China's Hawaii is sparking visions of a rapid ... to comment or didn't respond to requests for a comment. Real-estate and resort developers would be immediate beneficiaries ...

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SectionsLive TVVideosLatestIndiaOpinionCitiesWorldOffBeatSportsTrendsSchedulePhotosPeopleHealthIndians AbroadSouthCheat SheetVoicesForumsWeatherNews Alerts searchAutoComplete(); var called_already = false;function loadRelatedContent() {if (!usr_clicked){ return;}$("#open").hide();$("#close").css('display', "block");$("#most_related_content").slideDown();$(".new_prevarrow,.new_nextarrow").hide();if (called_already){ return;}called_already = true;var ref = document.referrer;var ref_domain = (ref) ? ref.match(/:\/\/(.[^/]+)/)[1] : ';var section = ((ref_domain.indexOf('google') != -1 && ref_domain.indexOf('') === -1)|| ref_domain.indexOf('yahoo') != -1 || ref_domain.indexOf('bing') != -1 || ref_domain.indexOf('ask') != -1) ? 'related' : ((ref_domain.indexOf('') != -1 || ref_domain.indexOf('twitter') != -1 || ref_domain.indexOf('facebook') != -1 || ref_domain.indexOf('') != -1 || ref_domain.indexOf('reddit') != -1 || ref_domain.indexOf('linkedin') != -1) ? 'social' : ((ref.indexOf('') != -1) ? 'trending' : ((ref == '' || ref == '') ? 'top_stories' : 'top_stories'))); var base_url = '';var default_image_url_500 = '';var divcontent = $('#most_related_content');var type = section;var entry_id = '1809099';if(section == 'related'){divcontent.html('You may also be interested in...Chinese Carrier Docks Through South China Sea Amid New Tension Over TaiwanChina Trains \'Fishing Militia\' To Sail Into Disputed WatersThis Chinese High Speed Train Conquers Extreme WeatherChina Tests First Tibetan Language Search Engine');divcontent.slideDown();return;}$.ajax({url: base_url + 'news/widget/type/' + type,cache: true,dataType: 'json',beforeSend: function() {divcontent.html(');;},success: function(data) {var innerhtml = 'You may also be interested in';if (data) {var tot = 0, links =', short_title=',searchString = ';$.each(data, function(key, item) {if(entry_id == item['id'] || tot>3) return true;tot++;links = item['link'];searchString = ((links.indexOf('?') == -1) ? '?story_interestedin_' + section : '&story_interestedin_' + section);item['short_title'] = item['short_title'] != undefined && item['short_title'] != ' ? item['short_title'] : item['title'];short_title = item['short_title'].replace(/]+>/gi, ');item['thumb_image'] = item['thumb_image'] != undefined && item['thumb_image'] != ' ? item['thumb_image'] : item['story_image'];innerhtml += ';innerhtml += ';innerhtml += ';innerhtml += ';innerhtml += ' + item['short_title'] + ';innerhtml += ';});}innerhtml += ';divcontent.html(innerhtml);divcontent.slideDown();}});if(usr_clicked){}}$('#close').click(function() {usr_clicked = false;$("#most_related_content").slideUp();$("#open").show();$("#close").hide();$(".new_prevarrow,.new_nextarrow").show();});$('#open').click(function() {});'China's Hawaii' Has A Gambling Plan: Here Are Potential Winners China's leaders are said to have agreed to build an international airport on Hainan's western coastThe island now has three airports, all on the east coastWorld | © 2018 Bloomberg L.P| Bloomberg | Updated: February 06, 2018 10:37 IST 2 SharesEMAILPRINTCOMMENTSfunction shareOpen(url, width, height) {, "", "toolbar=0, status=0, width=" + width + ", height=" + height + "");}Motorcyclists drive past residential and commercial buildings in China's Hainan Province Beijing's ambitions to bring more tourists and gambling to an island billed as China's Hawaii is sparking visions of a rapid transformation for an important provincial region.The plan for Hainan includes allowing gambling on the island, relaxing visa rules and building a new airport to draw foreign cash to the southern Chinese province, Bloomberg reported Friday, citing people familiar with the matterIt could pave the way for casino gaming on the island off China's southern coast."If the model developed in Macau is tapped, then tourism and entertainment industries may be boosted along with gambling," said Wendy Liu, a Shanghai-based analyst with UOB Kay Hian Investment Co"The province may attract more shopping malls, hotels, providing an opportunity for related developers."While the push is intended to mark the 40th anniversary of China's embrace of foreign investment, it's local companies already on the ground that have the most to gainHere are the ones best positioned to capitalize on the plansAll the companies either declined to comment or didn't respond to requests for a comment.Real-estate and resort developers would be immediate beneficiaries, as opening up tourism and gambling would spark a wave of development across the island.

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