--- title: "Meaning & Key Takeaway of: The success of one market model cannot be…" description: "\"The success of one market model cannot be migrated to another. Ignoring Macau's special characteristics and duplicating a Las Vegas or an Atlantic City..." image: "https://sms4smile.com/quotes/i/ffc/stanley-ho-51137_atlantic-city_the-success-of-one-market-model-cannot-b_1073623.jpg" --- # The success of one market model cannot be migrated to… ![“The success of one market model cannot be migrated to another. Ignoring Macau's special characteristics and duplicating a Las Vegas or an Atlantic City would not be a successful strategy.” quote by Stanley Ho](https://sms4smile.com/quotes/i/ffc/stanley-ho-51137_atlantic-city_the-success-of-one-market-model-cannot-b_1073623.jpg) [Download](https://sms4smile.com/quotes/i/ffc/stanley-ho-51137_atlantic-city_the-success-of-one-market-model-cannot-b_1073623.jpg) [Open image](https://sms4smile.com/quotes/i/ffc/stanley-ho-51137_atlantic-city_the-success-of-one-market-model-cannot-b_1073623.jpg) > “The success of one market model cannot be migrated to another. Ignoring Macau's special characteristics and duplicating a Las Vegas or an Atlantic City would not be a successful strategy.” [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Copying a successful model without adapting to local conditions leads to failure. **In simple terms:** Models must fit local context. Key Takeaway Adapt strategies to local traits. Themes business strategy localization risk management Mood cautious analytical Type strategic pragmatic When to use this quote - expanding casino markets - urban planning - policy making - international business Key Concepts Economic geography contextual adaptation Questions to Reflect On - How can you assess local uniqueness before adopting a model? - What factors should be prioritized in adaptation? A Different Perspective Local differences can undermine even proven models. ★ ★ ★ ★ ★ No ratings yet [Atlantic city](https://sms4smile.com/quotes/about/atlantic-city/) [Characteristics](https://sms4smile.com/quotes/about/characteristics/) [Cities](https://sms4smile.com/quotes/about/cities/) [Ignoring Macau](https://sms4smile.com/quotes/about/ignoring-macau-2686462/) [Investing](https://sms4smile.com/quotes/about/investing/) [Las vegas](https://sms4smile.com/quotes/about/las-vegas/) [Macau](https://sms4smile.com/quotes/about/macau/) [Macau Special](https://sms4smile.com/quotes/about/macau-special-2686464/) [Market Model](https://sms4smile.com/quotes/about/market-model-445640/) [Models](https://sms4smile.com/quotes/about/models/) [Special](https://sms4smile.com/quotes/about/special/) [Strategy](https://sms4smile.com/quotes/about/strategy/) [Success](https://sms4smile.com/quotes/about/success/) [Success Market](https://sms4smile.com/quotes/about/success-market-2686463/) [Successful](https://sms4smile.com/quotes/about/successful/) [Vegas](https://sms4smile.com/quotes/about/vegas/) ## Related quotes > [The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system.](https://sms4smile.com/quotes/lee-r-raymond/the-freedoms-that-people-have-that-flow-from-all-civic-institutions/) [Lee R. Raymond](https://sms4smile.com/quotes/author/lee-r-raymond/) > [Macau is democratic and free enough.. it's prosperous enough. Why do people need to do this?.](https://sms4smile.com/quotes/stanley-ho/macau-is-democratic-and-free-enough-it-s-prosperous-enough-why-do/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [Macau is limited in size and land is expensive, so gaming and leisure development must be more efficient. We follow a very conservative financial…](https://sms4smile.com/quotes/stanley-ho/macau-is-limited-in-size-and-land-is-expensive-so-gaming-and-leisure/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [Because I became a refugee in Macau during 1941, we had this war in Hong Kong, I fought for the government as an air…](https://sms4smile.com/quotes/stanley-ho/because-i-became-a-refugee-in-macau-during-1941-we-had-this-war-in/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [We have never heard of laundering in Macau; money laundering is unheard of. Mind you, my casino, every bit of money - someone says…](https://sms4smile.com/quotes/stanley-ho/we-have-never-heard-of-laundering-in-macau-money-laundering-is/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [The second part of the New Right's policy package has been the belief that free-market solutions are always best. It is this latter view…](https://sms4smile.com/quotes/paul-ormerod/the-second-part-of-the-new-right-s-policy-package-has-been-the-belief/) [Paul Ormerod](https://sms4smile.com/quotes/author/paul-ormerod/) > [I think the free market model of commercial trade openness - this model has undoubtedly shown enormous benefits for nations, for those of us…](https://sms4smile.com/quotes/enrique-pena-nieto/i-think-the-free-market-model-of-commercial-trade-openness-this-model/) [Enrique Pena Nieto](https://sms4smile.com/quotes/author/enrique-pena-nieto/) > [There are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in an earlier…](https://sms4smile.com/quotes/kenneth-arrow/there-are-all-sorts-of-institutions-in-the-economic-world-which/) [Kenneth Arrow](https://sms4smile.com/quotes/author/kenneth-arrow/) > [You see it even in our educational systems, where the market model becomes central. It's a matter of just gaining a skill or gaining…](https://sms4smile.com/quotes/cornel-west/you-see-it-even-in-our-educational-systems-where-the-market-model/) [Cornel West](https://sms4smile.com/quotes/author/cornel-west/) > [Hong Kong and Macau are both very dynamic cities. I am always inspired about the culture, people and food in these two cities. There…](https://sms4smile.com/quotes/david-beckham/hong-kong-and-macau-are-both-very-dynamic-cities-i-am-always-inspired/) [David Beckham](https://sms4smile.com/quotes/author/david-beckham/) > [Macau has been steady. The shocking, unexpected government is the one in Washington.](https://sms4smile.com/quotes/steve-wynn/macau-has-been-steady-the-shocking-unexpected-government-is-the-one/) [Steve Wynn](https://sms4smile.com/quotes/author/steve-wynn/) > [The greatest thing that ever happened to me in my life was being allowed to do business in Macau and in China. I love…](https://sms4smile.com/quotes/steve-wynn/the-greatest-thing-that-ever-happened-to-me-in-my-life-was-being/) [Steve Wynn](https://sms4smile.com/quotes/author/steve-wynn/) > [My worst flight was flying between Macau and Osaka in 2007. The turbulence was so bad that the cabin crew were assuming their crash…](https://sms4smile.com/quotes/greg-rutherford/my-worst-flight-was-flying-between-macau-and-osaka-in-2007-the/) [Greg Rutherford](https://sms4smile.com/quotes/author/greg-rutherford/) > [The government of Macau, of China, has been empirical and pragmatic and has brought hundreds of millions of people out of poverty, a feat…](https://sms4smile.com/quotes/steve-wynn/the-government-of-macau-of-china-has-been-empirical-and-pragmatic-and/) [Steve Wynn](https://sms4smile.com/quotes/author/steve-wynn/) > [I cook the food of Macau, my roots and soul food.](https://sms4smile.com/quotes/china-machado/i-cook-the-food-of-macau-my-roots-and-soul-food/) [China Machado](https://sms4smile.com/quotes/author/china-machado/) ## More by Stanley Ho > [Macau is democratic and free enough.. it's prosperous enough. Why do people need to do this?.](https://sms4smile.com/quotes/stanley-ho/macau-is-democratic-and-free-enough-it-s-prosperous-enough-why-do/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [Even for charity I always give priority to education because I always teach young people - knowledge is your real companion, your life long…](https://sms4smile.com/quotes/stanley-ho/even-for-charity-i-always-give-priority-to-education-because-i-always/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [Macau is limited in size and land is expensive, so gaming and leisure development must be more efficient. We follow a very conservative financial…](https://sms4smile.com/quotes/stanley-ho/macau-is-limited-in-size-and-land-is-expensive-so-gaming-and-leisure/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [I don't gamble at all, all my life. I am only interested in sports.](https://sms4smile.com/quotes/stanley-ho/i-don-t-gamble-at-all-all-my-life-i-am-only-interested-in-sports/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [We have never heard of laundering in Macau; money laundering is unheard of. Mind you, my casino, every bit of money - someone says…](https://sms4smile.com/quotes/stanley-ho/we-have-never-heard-of-laundering-in-macau-money-laundering-is/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) > [Because I became a refugee in Macau during 1941, we had this war in Hong Kong, I fought for the government as an air…](https://sms4smile.com/quotes/stanley-ho/because-i-became-a-refugee-in-macau-during-1941-we-had-this-war-in/) [Stanley Ho](https://sms4smile.com/quotes/author/stanley-ho/) [Explore all 7 Stanley Ho quotes ](https://sms4smile.com/quotes/author/stanley-ho/) ## More Atlantic city quotes > [“I saw the best minds of my generation destroyed by madness, starving, hysterical, naked... who passed through universities with radiant cool eyes hallucinating Arkansas…](https://sms4smile.com/quotes/allen-ginsberg/i-saw-the-best-minds-of-my-generation-destroyed-by-madness-starving/) [Allen Ginsberg](https://sms4smile.com/quotes/author/allen-ginsberg/) > [In all my years in show business - on stage, clubs and TV shows - my audience has been 75 percent white. In Las…](https://sms4smile.com/quotes/nipsey-russell/in-all-my-years-in-show-business-on-stage-clubs-and-tv-shows-my/) [Nipsey Russell](https://sms4smile.com/quotes/author/nipsey-russell/) > [ “On my way out of \[Atlantic City\] at quarter after seven in the morning, a young pump jockey at the gas station \[...\] mentioned… ](https://sms4smile.com/quotes/james-howard-kunstler/on-my-way-out-of-atlantic-city-at-quarter-after-seven-in-the-morning/) [James Howard Kunstler](https://sms4smile.com/quotes/author/james-howard-kunstler/) > [Donald Trump was tainted every kind of way you could imagine. I mean, no way in the world that Donald Trump is a champion…](https://sms4smile.com/quotes/keith-ellison/donald-trump-was-tainted-every-kind-of-way-you-could-imagine-i-mean/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > ['Atlantic City' is very good.](https://sms4smile.com/quotes/peter-capaldi/atlantic-city-is-very-good/) [Peter Capaldi](https://sms4smile.com/quotes/author/peter-capaldi/) > [“beauty contests, she said seriously, they gave out scholarship awards. "It's the biggest scholarship program in the world—they told us that at the Miss…](https://sms4smile.com/quotes/kathleen-gilles-seidel/beauty-contests-she-said-seriously-they-gave-out-scholarship-awards/) [Kathleen Gilles Seidel](https://sms4smile.com/quotes/author/kathleen-gilles-seidel/) > [There's milk-and-cookies Grandma, and there's Colt 45 and Atlantic City Grandma. She was the latter.](https://sms4smile.com/quotes/jessica-williams/there-s-milk-and-cookies-grandma-and-there-s-colt-45-and-atlantic/) [Jessica Williams](https://sms4smile.com/quotes/author/jessica-williams/) > [I lost $6 in Atlantic City once and said, 'Never again.'](https://sms4smile.com/quotes/kate-mckinnon/i-lost-6-in-atlantic-city-once-and-said-never-again/) [Kate McKinnon](https://sms4smile.com/quotes/author/kate-mckinnon/) > [I was actually born in New York City, but my family moved to Atlantic City when I was five, this being my dad's home…](https://sms4smile.com/quotes/sharon-kay-penman/i-was-actually-born-in-new-york-city-but-my-family-moved-to-atlantic/) [Sharon Kay Penman](https://sms4smile.com/quotes/author/sharon-kay-penman/) > [I'm the No. 1 developer in New York, I'm the biggest in Atlantic City, and maybe we'll keep it that way.](https://sms4smile.com/quotes/donald-trump/i-m-the-no-1-developer-in-new-york-i-m-the-biggest-in-atlantic-city/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [“I wondered what it was like, to gradually lose little pieces of your mind. Maybe it wasn’t so bad if you didn’t know it…](https://sms4smile.com/quotes/cora-brent/i-wondered-what-it-was-like-to-gradually-lose-little-pieces-of-your/) [Cora Brent](https://sms4smile.com/quotes/author/cora-brent/) > [Cole Archer's Chillout Mix. That's my son's mix. He's ten weeks old, and this is what he listens to: 'Valerie' by Amy Winehouse, 'Everyday…](https://sms4smile.com/quotes/adam-pally/cole-archer-s-chillout-mix-that-s-my-son-s-mix-he-s-ten-weeks-old-and/) [Adam Pally](https://sms4smile.com/quotes/author/adam-pally/) > [“The Teamsters pension fund organized by Hoffa almost immediately became a source of loans to the national crime syndicate known to the public as…](https://sms4smile.com/quotes/charles-brandt/the-teamsters-pension-fund-organized-by-hoffa-almost-immediately/) [Charles Brandt](https://sms4smile.com/quotes/author/charles-brandt/) > [It doesn't seem too unusual to have a live hermit crab here in Atlantic City, but when you think I brought it all the…](https://sms4smile.com/quotes/phyllis-george/it-doesn-t-seem-too-unusual-to-have-a-live-hermit-crab-here-in/) [Phyllis George](https://sms4smile.com/quotes/author/phyllis-george/) > [During Prohibition, Atlantic City created the idea of the speakeasy, which turned into nightclubs and that extraordinary political complexity and corruption coming out of…](https://sms4smile.com/quotes/martin-scorsese/during-prohibition-atlantic-city-created-the-idea-of-the-speakeasy/) [Martin Scorsese](https://sms4smile.com/quotes/author/martin-scorsese/) [Browse all 59 Atlantic city quotes ](https://sms4smile.com/quotes/about/atlantic-city/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The success of one market model cannot be migrated to another. 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