ISSN 1812-4534 囑
H錄發刊詞題詞..... ... I 澳門特別行政區行政長官何厚鏵先生題詞 ·························•················· II 澳門特別行政區經濟財政司司長譚伯源先生題詞 田澳門博彩硏究學會名譽會長何鴻燊博士題詞 ·•·······•········· ·················· ······IV 賀詞·················· ·· · ·· ············ · · · ··············.. ·············· ··················· ··· ···· ·········•··············· ··· --································· ······· V 澳門博彩硏究學會理事長蘇樹輝先生獻詞 ····•·•········ ······· ·············· ·· ················· X 澳門博彩硏究學會首屆領導機構成員及顧問芳名 XII 論文美园康」什快活大賭場成功案例硏究澳門博彩市場的雙重壟斷競爭國際博彩業發展的新趨勢及其監管澳門｀｀博彩社會學＂導言全球化中獨特產業集群的競爭優勢博彩與消費行為的關係三強博弈難決雌雄聯合定價共分市場曾忠祿．．． ．． 1 王五一 -·· 11 馮邦彥 ... 15 程惕潔 ..... ... 21 劉本立甘樂年楊日科35 ｀｀生意淡薄，不如賭博＂與中國人的博彩性 陳翌 41 45 56
.i攝蹕鸝~澳門的博彩業歴史悠久。 250 多年荷在溴門三巴寺傳道的約瑟，其筆下所描述的澳門，已是一個存在博彩活動的城市。從清末文人的詩作到英國培名畫家錢納利的作品，不乏對渙門博彩治動的描述。 1847 年，溴葡政蒞分頁1布法令，宣佈博彩合法化，把博彩作為一種合法的崗業活動。自此之後的一個半世纪，溴門博彩業幾經變革 、 菸展與起伏，如今已成為澳門經濟的重要緝成部分。為保諲溴「1社會穩定和經濟持續務展，《溴門基本法》規定 ： 鬥奧門特別行政區根據本地整髖利益自行制定旅遊娛樂業的政策。，意味蓬博彩業作為一種特殊產業，今後可以在澳門天期存在和發展。澳門回歸~Ji國後，澳門特別行政區政府從澳門的實陛情況出菸，提出了 a以旅遊博彩業為龍頭，以服務業為主體，其他行業協調登展＂的戟略安排，並不失時機地於2001年頒佈第 16/2001號法律，對博彩專營制度進行政革，引入兢爭，使該行業呈現出前所未有的生械。作為現代服務業的一個特殊、經營範~· 現代博彩業的發展與演進，已經引起越來越多的獻主。正如有學者多年前已指出 ： 博彩業是特定條件下現代社令收入再分醚的一種特殊形式，對博彩業的地位與作用的理性肯定與認同，是認識溴「1經濟的一個重妻仞入點。根據《溴門基本法》和相應法律的規定，人們不難看出，博彩業在溴r,具有其禋營合法性、兢爭公平性、地位超脱性和服務社會整髖性。但直到現在，有閤博彩業的所究依然相對較少，遠遠不能適應新時期務展的需要。《澳門博彩》是澳門第一本以所究博彩業菸展規律為主旨的學術刊勃，我們熱誠期望透過這本刊勃，把促事相闢趼究的學者 、 專家或其他人士的瑭究成杲、意見或建議和社會各芥分享，以期推勁柑闢所究的深入展開 ， 進而推動博彩業稍若更加健康、更加穩定的方向登展。同時，我們也對來自任何方面的扯評｀惠見和建議，深表歡迎，巫預致衆心謝意。-•• 『Jt̀` ~' , 'r 鬥者. 編
淥 囘＾這科珝•J:.~J~-~-~二二｀｀｀一,::___:今h3星子竺丘《巴「浮元〉〉缸缸瑯, • 中華人民共和四溟門特別行玫區行玫卡淄 何启銍先生Ill «溴鬥博彩）） I !if
• 淥(]禱杯嘔~乏祝沒~ 力， 耆^ 准弳 洪閂洪輒 博ti 豉彩、/籙且 針孑·j隨差一-~在\~子菘硏8 債扆究、年$ 潭· -五月中語人民共和國溴「1特½<)行政區政府經濟財政司司卡 埠亻缸原先生《溴「1博钅找> I 創刊碌llIJ
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淥 冏4科化~玉立｀，｀ 」 闆瀘l理事長獻詞澳門博彩妍究學會理事表蘇樹輝准］1-;k 門博彩業由噹初一個被視為｀偏門 " 的行業，務展成為今天溴「1的龍頤歪業，常中經歷過長時間的實踐，累稜了豐富的經殮，創造了可喜的業續，當然，亦存在進步的空間。隨瘠博彩業問放，硬件建設預期必會增加，不過，博彩業能否取符更大成功，關鐃在菸軟件方面的深化改革，其中包拉立法監笹 丶 人才培訓，以至策略所究 、 措施制定等。開放的目的是要提升澳門博彩業的服務水平 ， 使其更專業化、更規範化地運作，從而增強澳門的戏爭力；然而，由博彩業所衍生的 ， 如病態賭徒等社會問題，不容忽視，我們必須未雨以綢繆，預防問題深化。現在有很多昴音都認為，澳門慮該以拉斯維加斯作為藍本。無可否認，拉斯維加斯式元素為本地的博彩市場注入了新活力 ， 同時也引起了國條間對澳門的注意，為澳門帶來不少崗機。不過，澳門和拉斯維加斯魚諭• 《澳n博彩》 I !i刊鷺
在歷史、文化背景等各方面都不相同，如呆全疊照搬，恐怕會落符｀｀南轅」U藪＂的效果。事實上，澳門博彩業有悠久的歴史，早於1847 年已經宣佈合法化，~!::美國奈華達州還妥早84年，表期以來，已形成為澳門特有的博彩文化，而且更是澳門經濟命豚所在。雖然博彩業在澳門可以說是一支獨秀，不過，面對周邊地區激烈的戒爭，澳門必須充分利用並強化龍頭產業的牽引效愿，促進其他相闕行業的分展。澳門一方面應該吸取拉斯維加斯不斷迎合消蕢文化變化的創新精#'閼拓更多元化的博彩旅遊業務，培秦而品味的潮流文化；另一方面，也慮該徙實際·情況出發，根據澳門的地理 、人文 、 社會 、文化等特點來孫」軍本身亻憂勢 ， 掾表避插，以保瘁社會的穩定萩展。澳門博彩業具有可登展的基礎和條件，市場的開放又為博彩業提供一個自我提升的, . ... 溟）~~1 禱4扛贗乞＃----' !!'! 烹;..,... , -機會。作為一個民間學術囹體，澳門博彩ijf究學會的創立，目的是要建立一個學術 a平台 " '讓專家 、 學者及業內人士參與其中，交流切磋，集思廢直，以理錀與實踐經檢相結合的方式， :Ii.If究澳門博彩業未來的發展方向，藉以帶勁本地區的均衡、健原菸展，實現澳門經濟整磴騰飛。此外，學令也將通過出版刊勃、舉辦講座和所討會等，加深社會大眾及國際侔媒對澳門博彩業的認蛾，才是升溴「1在國際間的形象。對外方面 ， 晶會將努力加強與各地學術囹體的交流，密切注视外國博彩事業的發展趨勢 ， 積極探討各地博彩業出現的新球題，並逐步延視各地專才，力爭做到立足溴門 ， 面向世界。在澳門博彩所究學會學刊創刊之際 ， 槿向惠賜題詞的澳門特別行政區何厚鏵行政表官、經濟財政司臻伯源司表 、本令何湍桑名譽會長 ， 惠塋賀祠的尚等院校 、 學術社回，以及發表論文的專家、學者束示果心感謝！《溴「＂専兌找> I 創 ttl 栽 匭·
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11 !"#==== !"#$%&'()* KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK !"#$%&'#()*+,-./0123456789:#*+;<=/ !"#$%&'()*+,-./012345 ()678&9*5:;5 !"#$%&'()*+',-./01+23456789:;<=45678 !"# !"#$%&'()*+,-./012.345678 !"#$%&= !"#$%&'( !"#$%&)*)+,-./)0)*)12-34 !"#$%&$'(")*+,-./#01234*5067890:;<= !"#$%&'()*+,-./01$2345(6789,-:;<=>?( !"#$%&'()*+,-./)01234567+89/()0:;<=> !"#$%&'()*+,-#-./0,-#1234560789:;<= !"#$%&'()*+,-./01234-.56789:;-!"<=>/ !"#$%&'()*+,-.$*/-01*.$0123' !"# !"# !"#$%&'()*+,! !"# !"#$% !"#$ !%&'()&*+,-./0123456.789:;<=> !"#$%&'()*"#+,-./#01,23,4567$89:;< !"#$%&'()*+,-./0123$4 56789:;<%=>!? !"#$%&'()*+,-. */01234567189-:;<=>? !"# !$$%&'()*+,-./0!()1234567,89:%; !"#$%&'()*+,-./01234*56789:;.78<=> !"#$%&'()*+,-./0123456-789:";<=89>?@
12 !"#==== !"#$%&'()*+,-./001234+,56789:;<=->?% !"#$%&'()*+$,-./ 0123456789!:();<:#= !"#$% !" !"#$%&'()"#*+, !"#$% !&'()*+),-./"0123405.6789:6 !"#$%&'()*+,-%./01234"!5%'()*+6-78 !"#$%&'()*+,"#-./0-1234!5678#$%9'( !"#$%&'( !"# !"#$%& !"#$% !"# !"#$%&'()*+,-./012345 !"#$%&'()&'*+,-./0%1234"5%6789".%: !"#$%&'()*+,-(./0'12(./3'456 789:;< !"#$%&'()*+,-./0123456789:;<=>?@AB% !"#$%&'()*+,-./01234*56789:;<=>Elmb`Flmb` !"#$%&'( )*+,-!./01234567'81 !"#$% &' !"# !"#$%&'()*+,-./0123 !"#$%&'()*+,-(.*+/-(01( !234+56"#789 !"#$%&'()*+,-./01/234'56789.:;<=>?@A$ !"#$%&'()*+,-./0123 !"#$%&'()*+"NO !"#$%&'()*+, !"#$%&"'()*+,-./012345"6789:;<+=>?@ !"#$%&'()*+,-.*+/0123456789:;<=/0>?@ !"#$%&'()*'+,-./ 01234!"#$5'67869:;-píÉéÜÉå=tóåå= !"#$%&'()*+,-./0(1234!"# 567#8 !"#$%&'()*+,-./012345#6789:;<=>?@ !"#$%&'()*+,-./0123456789:;<=>37?@A !"#$%&'()*+,-./*0 12345#67'89:;<=>?@
13 !"#==== !"#$%&'()*+,-./012345678-.()"9:; !"#$%&'()* !"# !"#$%&'()*&+,-./ !"#$%&'()*+,-./012314%&'(56!"#2314 !"#$%&'()*+,- . /01234$567+,89:;$<= !"#$ %&'()*+,-" ./0123456789:,;<= !"#$%&'()*+,-./0'1234#56789:';<=>?@ !"#$%&'()*+,-$./012#3456 !"#$%&'()* !"#$%&'()*+),-./(012 !"# !"#$%& !"#$%&'()*+,-./01-'23'456789:.;<= !"#$#%&'()'*+,-./0123451263789:;<"$#9 !"#$%&'()*+,-./0123456+74,-./089.:;2 !"#$"%&'()*+&,"-./01234356-789:;<=" !"#!tóåå= !"#$%&'()*+,-.#/0123456+7!8 !"#$%&"&'()*+,-./01,23&01,45&01,6789 !"#$%&'()*+,-./ 0123456%56 78#tóååtóåå !"#$#% &'()*+,-. !"#$"%&'()*+,-./0123456789:;<=>?@8( !"#$%&'()*+,-./0123415674189:;41 !"##$%&'()*+,-./0123456'789:;<=>?%@' !"#$%&'()*+,-$%./01(),-$%2 !"#$%&' !" #$% !"#$%&'()*+,*-./ !"#$%&'(!)*+,-./ !"# ! "#$%&'()*# !"#$%&'()*+,-./$012&34%512&678%59: !"#$%&'()*+,-./01234!5678/9:*;2
14 !"#==== !"#$%&'( !"#$ !"#$%&'()*+,-./012 !"#$%&'( !"#$%&'()*+ !,-./01234 !"#$ ! !"# !"#$%!"&'()*+,-./0!"1&'2345 !" #$%&'()*+,-.$%&/012345607890)*:;< !"#$%&'()*+,-./01 234(5/6789:;<=)>? !"#$%&'($)*+,-. !"##$%&'()*+,-.
15 !"#==== OM VM !"#$%&'()*+,-./012"3 OMMN !" NMV !"#$%&'()*+,-.(/0123 NMMM !"#"$%&'() !"#$%&'()*+,-./01%&'234+,56-789:;' !"#$%&'()*!+,-./012345678&'9:!;<=> ! !"#$%&'()*+, NM !"#$%&'()*+,-.&'(/0 123*45 !"#$%&'()$%*+ ,-,./'012345!"#6!"#78 !"#$ !"#$%&'()*+,-./012#345267 !"#$%&'()"!*+,-+i~ë=sÉÖ~ë !"#$%&'()*+ !"#$%&'()*$+,-./0123%456789:;<=>? % !"#$%&'()*+,- ./01234NVUU !"#$%&'(TT ! OMMN !"#$%&' NMV ! "#$%&'()*#+,-. NVUU ! O !"#$%&'()*+,- OT !"#$%&'(# !"#$% UPB !"#$%&'() !"#$%&'()*+,-&./012gçÜåë=ÄìêÖÉê !"#kçêíÜÉêå=`óéêìë !"#$%&'()*+,-(./,01231/+4 !"#$%&'()*+,-./012)345627859:;<= >?@) !"#$%&'()*+,-./01'23456789&:;<=>?@ !"#$ %&'()*+,-(./0123(4 !"#$%&'()!*+,-./0123456378*()9:;
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17 !"#==== !"#$%&'()*#(+ !NMV !"#$%&'()*+,-#$./0(123 -#$%1 !"#$%&'()*+,-./0#123456#7&89:;<=>?< !"#$%&'()*+,-./0123*456()*2789:;<=,> !"#$%&'()*+,-./"012&3456 !"7%&89:;<9 !"#$%&'()*+,-,./$012/3456)4789:'(;<= !"#$%&'()*+,-./01234&"#56*789"#:;<=> !"#$%&'()*+,-."#/01($234567!89:;<=!> !"#$%&'()*+,-.&/0123 !"#$%&'()*+, !"#$%&' ()*+,-./01234"5)6' 789:;<&= !"#$%&'()*+,-./01234567(89:;<567( !"#$%&'()*+, !"!#$%&'()*+,+-./012 !"#$%&'()!*+,-./0 12345678!9:;<=> !"#$%&#'()*+,-.!"/012*-345()6789:; !"#$%&'()*+,-!.!/0,123456%(789-!.!,: !"#$%&'()*+,-./01234567189%:;<=>?@AB ! "#$%&'()(*+,- !"#$%&'()*+,-./0 !1$%&0,234562'(789 !"#$%&'#()*+,-./01 23456789:;<=>?@;A$ !"#$%&'()*+,-./01234567/89:;<= '(>? !"#$%&'()*+,-./0123456)789:-;<=>?@AB !
18 !"#==== !"#$"%&'()*+,-./0-123456738597:;<=7 !"#$%&'()*+,-./012%3456789:;<=>?@A%B !"#$%&'()*+,-$%&'./0123456789:;<=> !"#$%&'()*+,-./0&'123456789( !:;< !"#$%&'()*+,-./0 !"#$%&'()*+,-./0*123456%789:* !;< !"#$%&'()*+,-./ 0123456789#$:;<=>+ !"#$%&'()*(+,-./012%3)*4567089:;!"$% !"#$%&'()*+!,-./0123456789:;<=>?/*+ !"#$%&'()*+, -./0 1$%&2/345678#$9: !"#$%&'()*+,-./"01/23456"7829:;<=> !"#$%&'()*+,-./01!23456789:;%<=&>?@" !"#$%&'()*+$,-./ NVSN !"#$%íÜÉ=NVSN=táêÉ`çããìåáÅ~íáçåë=^Åí !"#$%&'()*(%+,-./01234567 !"#$%&'()*+,-./01#23456789:;<=#>?@A !"#$%&'( !"#$%&'()*+,-./01 2345#$6789:;< !"#$%VMB !"#$%$&'()*+,-./01234%$&5 !"#$%&'()*+,-./012!34/56789:;<=>?@AB !"#$%&'()*+,-./0123456789(:"#;<=> !"#$%&'()*+,-./(0*12345678OMMOQPB OMB !"#$%&'()*+,-.,/01234567+89:&'(;<)= !"#$%&'()*+,-./0"12'3456789:;<"=>?@A !"#$%&'()*+,-./012"#345$67*89:;<=>?@
19 !"#==== !"#$%&'()*+,-./012345OMMPT !"#$%&' !"#$ m~óé~ä NMMM !"#$ m~óé~ä OMMN OMMO !"#$ ! SMM !"#$%&'()*+,-./01234567"891:; !"#$%&'()*+,-./012$3'4567892:;2$3&< !"#$%&'(')*+,'-./0123"456789:;<=->?@8 !"#$%&'()*+,-./!01234'-567*89/:;<=>? !"#$%&'()*$%+,-./0123456789:;2<=>1 !"#$%&'()*+,-./01234%56789 !"#$%&'() *+,-./'012 !"#$%&'()*+,-./012345$6#$-789:;<=>- !"#$%&'()*+,-./012)345678&9:;<=>? @A !"#$%&'()*+,-./0123456789:;<)-.=>?6@ !"#$%&'()*+,-./0123456*+,789,:;4<= !"#$%&'()*+,-./0#12'3456789k~íáçå~ä=d~ãáåÖfãé~Åí=píìÇó=`çããáëëáçå !"#$%&'()*+,-./0$1234)56 !"#$%&'()*+,-./01234567OMMP !"#$%&' !"#$%&'()* RMMM !"#$%&' QM !"#$% NMMMM !"#$%&'()"*+,,-./0123"45'67" !"# !"#$%&'()*+,-).+/0"1234567859:;<=>+? ! !"#$%&'()*+,-./0123456789:;<:=>?.@ !"#$%&'()*+,-./0123456789:;<=>?@ABCDE !"#$%&'()*+$,"-./01%23456789:;?@A
20 !"#==== !"k~íáçå~ä=d~ãáåÖ=fãé~Åí=píìÇó=`çããáëëáçå=cáå~ä=oÉéçêí=OMMPK_ìÇÖÉí=^å~äóëáëW=cáëÅ~ä=vÉ~ê=OMMOI=`~ëáåç=`çåíêçä=`çããáëëáçå=çÑ =íÜÉ=sáêÖáå=fëä~åÇëI=j~ó=NQI=OMMPKgìäáÉ=bK=pÅçííI=`~ëáåç=mçäáíáÅë=~åÇ=mçäáÅó=áå=íÜÉ=mÉêáéÜÉêóI=bäÉÅíêçåáÅ=gçìêå~ä=çÑ=d~ãÄäáåÖ=fëëìÉëIfëëìÉ=QI=j~óI=OMMNK^ååì~ä=`~ëáåç=aÉîÉäçéãÉåí=pìêîÉóI=eçëéáí~äáíó=oÉ~ä=bëí~íÉ=`çìåëÉäçêëI=fåÅKI=OMMOKgÉÑÑêÉó=gK=p~ää~òI=d~ãÄäáåÖ=ïáíÜ=aÉîÉäçéãÉåíW=`~ëáåç=`~éáí~äáëã=áå=pçìíÜ=^ÑêáÅ~=~åÇ=çå=fåÇá~åi~åÇë=áå=`~äáÑçêåá~I=OMMNKE !"#$%&'()*+,-./01234FNOPQR
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åÇó=k~ò~êÉÅÜìâ !"#$%&'( !"#$ !"#$%&'()*+mêçÄäÉã=d~ãÄäáåÖ=~åÇ=fíë=pçÅáçJ`ìäíìê~äfãé~Åí !"#$%#&'()*+,-./0123456789:;+<= !"#$ KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK
22 !"#==== !PJSB !"#$%&'()*+,-./"0123456789:; !"#$%&'("#)*&'(+",-)*&.(/+"0123456(OQ !"#$%&'()*+,-./011$23456789:;<$=> !"#$%&'()*+,-#./0123456#789:;<=>?@AB !"#$%&' !"#$%&'()*+$%,-./0 !"#$% !"#$%&'( )*#+,-./012345678#9:&'(;<,= !"#$%& !"#$%&'()*+,-./01234567869:;<=>?@AB !"#$%&'()(*+!",-./&',0123456/(789: !"#$%!&'()*+,-./0123456789:;<=>0!?@A !"#$ !"#$%&'()*+%,-./0123#$%-45 !"#$%&'()*+,-./01*2 !" !" !"#$ !"#$ !"#$%&!'()*#+,(-./0 ! ! !""#$% !" !"#$%&'()*NK= !"#$% !" !"#$%&=pçÅáçäçÖó !"#$%&'()*+,ëçÅáç !" äçÖó !"#$%& !"# !"# !"#$%&' !"#$%&'()*+,-./0!1% !"# !"#$% &' !"#$%&'()*+,-./01234 5678)9:;<=>?@A !"#$%&'()*+,-./01 !"#$%&'()*+,-./01'(23+$"4567).89:;< !"#$%&'()*+,-./01234567*+,89:;<=>?@ !"#$#%!&'()*+,-./012%3456789:;<=, !"#$%&'()*+,*'-+./012345'6789:;<=>?
23 !"#==== !"#$%&' ()*+,-./0123456 789:;<=>2? !"#$%&'()*+,-./ !"#$% !&'()*+,-./0123/ !"456789:;< !"#$%#&'()*+,#-./01234562789:;<=>?'@ QNQ !"#$%&$'()*+,-./0123-456 !"#$%& !"#$%&'()*+NRNT !"#$% !"#$ !NU !"#$%&'()*NUTU !"#$%&'( !"#$ !%&'()*+,-./01234567^ìÖìëí=`çãíÉNTUVJNURT !"#$%eÉêÄÉêí=péÉåÅÉêNUOMJNVMP !"#$%&'() !"#$%&'()bãáäÉ=aìêâÜÉáã=NURUJNVNT !"#$h~êä=j~êñNUNUJNUUP j~ñ=tÉÄÉê NUSQJNVOM !"#$%&'()*+ !"#$%&'()*+,-./01234 %&'$ !"#$%& !" !#$%&'()*+,-./0123 !"#$%& !'() !!"#$%&'()*+,-./01&"#234567829 :;< !"#$%&'()(*+#,-(./01234,-567,- !"# !"#$%& !"# !"#$%&'()*+, !"# !"#$%&'()* !'($%+ !"#$%&'()*+,-./01234567' !89,:;<=>? !"#$%&'()&* !" !" !" !"# !"#$%&' !"#$ !"#$ !"#$ !"OK= !"#$% !" !" !"#$ !"#$ !" !" !
24 !"#==== !"#$ !%&$ !'()*+,-. !/0123456789 !:; !"#$%&'()*+,-."#/0$)*1232456'789:; !"#$%&'()*"#$+,-./01234536789%:;<=> !"#$%&'()*&+#,-./%01)*&+#234!5678%9 !"#$ !"#$% !"#$%&'()* +,#$-%&'(. !"#$%&'()*+,-./0123456789:;<=>$?+; !"# $%#&& '()*+,#-./ !"#$%& '()*+,-./012345 678.9 :;<%=> !"#$%&'()*+,*-.PK !"#$ !"#$%& !"#$%&'()*+,-()*%./012345 !"#$ !"#$%& !" !"#$ !"#$%&'()"#*+,- !"#$%&'()*"#*+$,'-./01203*+4 !"#$%&'()*+,-./0)12345 !"# ! !"#$%&'()*+,#-./01234#56789:;)*+<9=> !"#$%&'()*+,-./(0123táääá~ã=oK=b~ÇáåÖíçå= !" !"#$%&'()*+, -./0/123 456$%&789 !"#$%&'()*+ !"#$ %& !"#$ !"#$%&'()*+,-./01' !"#"$%&'()*+,-./0123456789%:;(<=%>?@ !"#$%&'()*$+,-./0$12345678$9:;<=>?@A !"#$%&'()*+ !"#$%&'()*+ !,-$./0123456789,-+:;< !"#$%&'()%*+,-./0123/0456%.78912:;4.
25 !"#==== !"#$%&'!()*+,-./01!23245!6789:!;<=>? !"#$ !"# !"#$%&'()*+,'-./0+,1234 !"#$%&'()*+,-./01#23456789#:;<=>?@A !"#$%&'()*+,-. !"#$ !"#$%#&'() !"#$% !"# !"#$%&'()*+,-./0123 ! !"# !"#$%& ! !"# !" !"#$%&'()* !"Ö~ãÄäáåÖ ! !"#Ö~ãáåÖ ! !"#$%&'()* !"#$%&'()*+#,-./0123456789:1;<=8#Ö~ãáåÖ !"#$%&'()*+,-./0123!456$läóãéáÅ=d~ãÉë !" !"# !"#$% !"#$%&'()*+,-./01234 !"#$%&'()* !"# !"#$Ö~ãÄäáåÖ !"#$%&'Ö~ãáåÖ !"#$%&!"'()*+,-./0 !"#$% !"#$ !"#$%&'"()*+,-./0123(4567894:;<=>?# !"#$%&'()*+,$-.+/0123 !"# !"#$%& !"#$%&'() !"#$%&'(!)*+,$-&./0123&456789:#;<= !"#$%&'()*+,-./0-.12"3456789:;<=> !"#$%&'()*+,-./0123456789:;0<=27>?@9 !"#$%&'()* +,-&./01 23456 78#$9:#$; !"#$%&"'()(*+,-./012345.,6789:;<=>?3 !"#$%&' ()*+,-./#0123456789:;<$=#>? !"#$%&'(#)*+,-./0$12345678)9:.;
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
29 !"#==== !"#$ !"# ! !"# !"#$%&'()*+ !"#$%&'()*+,-./01 23456017,89:;<=> = !"# ! ÑìåÅíáçå~äáëíë !"#$%&'()*+,-.%& !"#$%&'()*+,-./01.2!34-5667/!89:;<=> !"#$%&'()!*+,-./012 !345(/06+78!349 !"#$%&'()*+,-./%0)!"12345 !"#$%&'()*+,-./%01234+,%&56789:;<= !"#$%!&'()*+,-./0123.45067,89:./0;<= !"#$%&'()*+,-./&0123456 ./&7#$89'(): !"#!$%&'()*+,-./012#3435()*+,-67893: !"#$%&'()*+,-./0.#12'3456.7869:;<=#> !"#$%= !"#== !"#$%&'()*+,-./01234 !"#$%&'()*+,-./01234567"89:;,<6=>?@A ! !"#$%&'()*+,-'./ 012345- 6789:/;< = !"#$%&'()*+,-./01234567&89:#/;<=>? !"#$% !"#$%&'()*+,-./012345$67! !"#$%&'()* +,$-%.+/$012 3/$-456748 !"#$%&'()*+,-./012$%345678934:;<=> !"#$%&'()*+,-./01234)*+5678 !" !"#$%&'()%*+,-./0123456789:7;<=1 !"#$%&'()*+,-.()/0123456)/01789:; !"#$%&'(')*+,-./01)234567089:;<=>?@A !"#$%!&'()*!+&'(",-)./012&&33)4#&567 !"#$%&'()*+,-.!/012$3456789:;<=)>?/
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
34 !"#==== !"# !"#$%&'()*+ ! ! !"#$%&'()* !"#$%&'()*+,-'./01234!"#567)'./012 !"#$%&'()*+,-./$%01-23$%45-6$%789:;< !"#$%&'()*+,-./0123 4567869:;<=>? !"#$%&' !"##$%&'()*#+,)-./01
35 !"#==== =EáåÇìëíêó=ÅäìëíÉêëF= !"#$%&'()*+,-./0 1234 !"#$%%&'!()*+,-./01,23=EäçÅ~ä=åáÅÜÉF= !"#$% !"#$%&'()*+,-./012345 678#9":;<=>+? !"#$%&'()*+,-./01234(56789:';?+ !"#$%&'()*+,-.&'/0*123456789:;<=>?@* !"#$%&'()*+,-./012345678 !"#$%&' !"#$%&'()*+,-./0&12345)*6"#$%789:(; !"#$%&''()*+,-./0123456789 !"#:;<= !"#$%&'()*+,-./01234567%89:;)<:=>?@% !"#$%&'()*+,-./0123456789:;"<=>?@ABC !"#$%&' ()*+,-./0 123456789:;<=>?@A,Em~ìä=hêìÖã~åF= !"#$ !"#$%&'()*+,-.*/01234 !=EíÉÅÜåçäçÖó=ëéáääçîÉêëF= !"#$%&'()*+,-.$/012345 !"#$%&'$()*+,-./ 0123,*+456,789:&$;< !"#$%&'()*+,-./012(3456(789 !"#$%&'()*+,"-./0123456-789:;'(-< !"#$%&'()*++$ !,-./0 !"#$123456789 !"#$%&'()*+,-%&.#/0)123*4-%&56789:; !"#$%&'()*+,-./0123,45-6789:;-<=>?@A !"#$%&'()*+,-./$01'()*./+23456789:;< !"#$%&'()*#"+,-./012345 !"#$%& !"#$%&'()*+, KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK
36 !"#==== !"#$%&'()*+,-./0123.456789:;<.=23>? !"#$%&'()*+,-./012'3456789:;<=>?2'@ !"#$%&'()*+,-./0123456&789:8; !"8<& !"#$%&'()*+,-./01234&'56789:;<=>-:;< !"#$%&'()*+,- !"#$%&'()*+,-.,$,/012 !"#$%&'()*+,-*./0*12345!6789:;<=>$%& !"#$%&'()*+,-./0123-456789:;<=>?- !"#$%&'()*+,-. !"#$%&'()*+,-./01$2345)67."#89: !"#$%&'()*+#,-./(0123456(789:;<=# ! !"#$%&'()*+,-./+0123+4567829:;<OM !"#$%&'()*+,-./0123)*(45 !NOU !"#$%&'()* +,-!"./%01234567(89:!"%; !"#$%&'()*+,-./ 01*!"234 !"#$%&'()*+,-./01"23()*45678()9 !"#$%&'()*+,-./01'2345+6789:;<=>?'5+ !"#$%&'()*+,-./0123456789:SUM !"#$ !"#$%&'()*+,-./012%&'345678%&'"#!% !"#$%&'('()*(+',-./'01234567189:;< !" OM !"#$%&'()*+,%-./0123456 789: !"#$%&'() !"#$%&'()*+,-./01234$56789:;<=>?9 !"#$%&'()*+,-./0123%456-7'89:;<'8=>; !" #$%&'()*+,-./0123456+789:; <= !"#$%&'() *+,-."/01()%23456789:; <=1 !"#$%&'()*+",-./001 2 21343456789 !"#$%&'()*+),-.&/0123456789:;<9=$>?
37 !"#==== !"#$%&'()*+#,-./0123456789:;<=>?>@ !"#$%&'()*+,-.*/0()123456789:34;<.= !"#$%&'()*+,-./01*23456789:$;?+ !"#$%&'()*+,-./0123&'+45( !"#$60789 !"#$%&'()*+,-./0123456 !78&'09* !"#- !"#$%&'()*+,-."#$/0*123456789:;<=*>? !"#$%& !'($)*+,-./0123.456789:*; ! !"#$%&'()OMMO !"#$%&'()*+,-$./0123 !" !"#$%&'()*$%+,(-./$01234 !"# !"#$%&'#()*+,-./01234567'8(9 :6#$;< !"#$%&'()*+,-./"01&2345+678 !"#$%&'()*+, !"#$%&'()*+,-./01&23 !"#QM !"# !"#$%&'()*+,- !"#$% !"#$%&'()*+ !"#$%&'()*+,-./0+1%&23456789:"OMMP ! !"#$%&'()PUU=E !"#F= !"#$%&'(SNB !"#$%&'()&*+,-./0"#12PMM !"#$%&'(RMB !"#$%&'()*+,-./PRBOMMP !"#$%&'( !OTQ !"#$%&'TMB !"#$%&NNQ !"#$%&'PMBOMMP !"#$%&'()*NQOKTV !"#NMNKTU !"#$% !"#$%&'()TNKOUB !"#$%&'()*+,-./0123 !"#$%&'()*+,-./0123145"67)89:;<=>?0 !"#$%& !"#$%&'()*+,-./0123)*+,-45(6789:;<= !"#$%&"'()*"+,"-."/012"341256789:;<= !"#$%&'()*+,-./01234#56!7#$%8$9:;<=>
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ÅçêÉF= !"#=EÅÉåíÉêF= !"#$%&'($%)*+,-./0 !"#$%$&'() *+,-./01234%56789: .;<=>? !"#$%&$'($)*$+,$-./0123456!789:;<=> !"#$%&'()*+,-./012#$3456789:
39 !"#==== !"#$%&'()*+,-./01234-56789:;"<=>?@ !"#$%&'()*+,"#-./0123456738239:3;<3= !"#$%&'()*+,-./01#23456789:;<=>?8@ !"#$%&'( )*+,-./0123456789:;<=>?@AB !"#$%&'()*+,-./0123425627829:;%&<=$' !"#$%&'()*"+,-./0123456$789:;<=>?@A= !" !"#$%&'()*+, NO !"#$%&'()* hì~ä~=iìãéìê !"#$%&'(()*+,-./01hä~åÖ !"#$ !"#$%&'()*+,-./01234&,5678'9:";<=>"? NP !"#$R !"#$%&'()*+,-./0123456 !"#$%&'()*+, !"#$%&'(")*+,-."/0123456'78569:;<=> OMMN NM !"#$%&'( PISMM !"#$"%&'(&)*+OSM !"#$%&'NP !"#$%&'()*+,-N !"#$% !"# !$%&'()*dç~ !"#$%&'( )*+,-./01 !"#$%&'()*+,-./0123456 !"#$%&'()*&'+,-./'0 !"123456*789:;< !"#$%&'()*+,-./0"123456789:;%<=#>?3@ !"#$%&'()*+,-./012034560789:0;<=>?@A !"#$%&'()*+,-./012345'6728"9:;<=>?- !"#$%&'()*+,-./012345678(9:;<=>?@ABC !"#$%&'()*+,-./0123456789:;%<=>?@A7B !"#$%&'()*+,-./012+3456&789:;<=>
40 !"#==== !"#$%&'()*+,-./'01234564789(:;"<=>? !"#$%&'(E !"#$%&'()*"+,-F
41 !"#==== !"#$%&'()*+,-./0123456789!" !"# ! !"#$%&'()*+, ! !"#$%&'()*+,-. !"#$%&'()*+,-./0123456 !"789%&6:;1< !"#$%&'()*+,-./012)3456$%&789!:;<=$ !"#$%&'()*+,-./0 12#+3456789:;<=> ? !"#$%&'()"*+,-. !"#$%&'( )*+,-./0&1234567289(!:;<= !"#$ !"#$%&'( !"#$%&'()*+&,-./0 !"#$%&'()*+,-./&')0123,456&7)8,9:;<= !"#$%&'()* +,-./01234 56789:;<=&,> 6 !"#$%&!'()*+,-./0123456$789:;<=>?5 ! !"#$%&'()*+$%,-./01$23456.789 ! !"#$%&'()%*+,-./012345#67%89:;< !"#$ %&'()* ++,- ./0(-1234" 567 !" ! !"#$%&'()*+,-$%./0123456./0789:; !"#$%&'()*+,-./0123456789:/';<=>?@A !"#$%&'()"*+,-./012345678#"93:;<=> !"#$%&"'()*+,-./01234 56"7896:;<=>? !"#"$% !" ! !" ! "#$% !"#$%& !"#$%&#'() !"#$%&'()*+,-)./0123456789:-).;<=">7 !"#$%&'( !"#$% KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK
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
43 !"#==== ! !"#$%&'()*+,-./0123456'7849': !"# $%&'()*+,-./0123$4567)89:;<= ! !"#$!%&'()*+,-.&/0123456789:;<=> !"#$%&'()*+!,-./0123456789:;(<=>;! !"#$%&'()"*+,-./0123456789":;'<=>"?* !"#OMMP !"#$%&'()*+,-./0123456.789: !"#$%&'($)*+,$-./01213456789:;<=>7?@ !"#$%& '()*+,-./012#/034567895:;<=>? !"#$%&'()*"+,-#./012345"63789:;<0=>? !"#$%&'()*+,-./01234567.89:*;<%&' ! !"#$ !"#$%&'( !"#$%&'()*+,-./0$ !"#$" %"&'()*+,-./0123456789:;<=>?@A !"#$%#!&#'()*+,-./0123456789:;<=>?@A !"#$"%&'()*+,-./012345678 !"#$%&'()*+,-.+/0123456789:;<=># !"#$%&'()*+ ,-#-./01234+5/6'789:;<# !"#$%&'()*+*,-./012345678-59":;;<= !"#$%& '"#()*+ ,,-"./0123456789:;< !"#$%&'()**+!,-./012%34256.7"89#: ! !"#$%&'()*+,-..%/0123456789:;<= !"#$%&'()*+,-./0123456789:;<=>?@A5 !"#$%&'()*+,-./01+'23 "456789:;<=>?@ !"#$%&%'()*+ ,-./012)345678 9:; <<. !"#$%&'()*+,-./01%234567%89$:+;-%.<= !"#$ %&'( )*+, ! !"#$%&'()*#+, !"#$%&''()"*+,-./0123"$4567&89:;<=">
44 !"#==== !"#$%&'()*+,-. !"# !"#$%%&'()*+, !"#$%&'()*+,-./01$2/34"56789:;<6"=> !"#$%&'()*+,-./012345 !"#$%&'()*+,-./012'3456789:%;<=>.?2 !"#$%&'()*+,-.#'(/01234567.89:;<=>? !"#$"%&"'()*+,-./012345678+9:;<8=>?@ !"#$%&'()*+",-./01 234567$089:;<'= !"#$
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
46 !"#==== NKN !"#$%&'()*+,-. !"# NSKNKR !"#$%&'( !"#$%&#!'()*+,-)*./&0!123M !"#$%&'()*+,-!./012'3456789:';<=4>?@ !"#$%&'()( *+,-./01)%&234567%&'()894 !"#$%&'()%&*OMPM !"RM !"#$"%&'() !"#$%&'()*+,-./012!3456789:;<=>?@aìÉëÉåÄÉêêó=gK=pK !"#$%&'()*+ RM !" TM !"#$% !"#$%&'()^K=jçÇáÖäá~åá !"#$%&'()jáäíçå=cêáÉÇã~å !"#$%&'()*+,-./0%(+,12345"6789:;<%= !"#$%&'()*+,-./01,2 TM !" UM !"#$%! !"#$%&'()e~ää=oKbK !"#$%&'()*+,'-./"0 !"#$%&'()*+,-./012 !"#$%3456789:34;< !"#$%&'&()*!+,-./&"#012*!+3456(78&9 !"#$%&'()*+ !,-$./01 !$2345/6789 !:; !"#$%&'()*+,-.+/0.+123/40.+156789/-: !"#$%&'()*%'(+,-./0'(123456789+:;< !"#$% &'()*+,-.(/01)234 356!"#*73) !"#$%&' !"#$%&
47 !"#==== rZrE`á ^`áHN`áHO^KKKKKKKKKK`i ^iHNF !"#$%&'()*EáZí íHN KKKKK iF !"#$%&'( !"#$%&'rZ= !"`íZ= !"#$ í !"#$ í !"#$%&'()^íZ= í !"#$%víZ= í !"#$% !"# í ! ví `í !"#$%&' á[í ví =`í á !"#$%&'()ê=Z= !kZ= !"#$%&'(iZ= !"#$%&'(!)*+ !"#$%&' ()#$*+,-./0&'()12*+345670&' !"#$"%&'()*+,-./01234567/89:;<=>?@AB !"#$%&'()*+,- NOKN= `í=Z=`í=J=`íJN !"#!$%&'()* ví=Z=ví=J=víJN= !" !"#víJN=J=`íJN= !"#$%&'() !"#*+,-"#./012 " !"N !"O !"#$%&'()*+,-./01E ví=[=MF= !"#E`í=[=MF = !"#$%&' !()*+,'-./ !"#$%&' !"#$%&'()&* +,"-./#$01234"+,%&5#$"6 !" !"#$% !"#$%& OMMM N T N `í=Z N ví=H= O=EvíJN=J=`íJNF=H=í==========EOKNF
48 !"#==== !"#$%&'()*+,-./01)23&456789:;)<<==> !"#$%&'()*+, -./012345678/()*/9:;&' !"#$%&'!()*+,$-./012345&'673&'89: !"#$%&'()*+,-./ 0&123â`íJä !"#$%&"'()*âYNI= !"#$%&'()*+" à !"#$% iZàâ==àYN âYN===àâYà= àâYâvNíí !"#$%&'()*+,-./0123'(+4567895:;0 !"#$ !%&'()*+, O !"#$%&'()!*+,-ví=ZvNí=HvOí vOí !"#$%&'()*vNí=[M ! ví !"#$%&' PKO OKN OKN !"#$%&'Ni`íJNNIi=[MNi`íJN=[M !"#$%& !" !"#$%&'()*+,PKQ OKN `íJN=Z=`íJO Oi`íJO !"#$% `íJN=[=`íJO=NiE`íJN=J=`íJO=F=[M !"#$% !"#$%&'()`Zâó ` ! ó !"# â !"#$%&'()*OvNí=Zàâ`íJNZi`íJN==========EPKNF ví=ZvNí=HvOí=JvíJN==========EPKOF `í=Z NEvOí==JvíJN=F=HEvíJNJ`íJNF=H í=H Ni`íJN==========EPKPF víZvNí=HvOí=J=vNíJN=H=vOíJN==========EPKQF `í=Z NEvOí=J=vOíJN=F=H OEvOíJN=J=`íJN=F=H í=H=NiE`íJN=J=`íJO=F=H Oi`íJO==========EPKRF
49 !"#==== OKN !"#$%&'(NiE`íJN=J=`íJO=F=H Ni`íJO=[Ni`íJO PKR !"#$%&'!"#()*+,-./PKP PKR !"#$%&' !"#$%&'()*+,-./*+,'0123*45()!67189: !"#$PKPPKR !"#$%&'()*+,-./0123456789 !"#$%&'()*+,-."/01(23456789:;<&'=97> !"#$%!"&'()*+,-../P !"#$%&'()*+,PKPNi`íJN !"#$%&'()*+,-./01 !"#$%&'() !"#$%&'()*+,-./0123456789%:;%&'()<- !"#$%&'()*+ ,-./01234((+ 56781OMVM !"#$%QB !"#$%&'()*+,-./01!2345678/9 !"#$%&'()*+,-./0123456789:;<=>?@AB !"#$%&'()*+,-.#/0123%456789&':;<)=> !"#$%&' ()*+,-.%/0123(45Q !"#$%&'(" !"#$%&'()*+!,-./ 01&' !"2/345*,6789: !"#$%&'()*+,-./00! 12,345678$%9:;<= !"#$%&'()*+,-./$0123456$789:;<=>NK= !"#$%&'()"*+,-(./$01 !2345607 !89 !"#$%&'()*+,-./012-345!678EF !"#$ !"#!$#%&'#(!)*+,--. !"#$%&' ()*+,-jáäíçå=cêáÉÇã~å NVRT !"#$% !"#$%&'()* !"#$vZvmí=Hvíí`Z`mí=H`íí !"#$ %&'()!*+,-. !"#/01234-.%&567 !"#$%&''()*+,-./01234"56789:;<&=>?@A 0BCDEFAG7HIJKEiÉä~åÇI=e~óåÉ=F NVSU !"#$%&'()*+,-./012&34567.8$*()9:/;<=>?@4 !"iÉä~åÇI=e~óåÉ=bKI=p~îáåÖ=~åÇ=råÅÉêí~áåíóW=qÜÉ=mêÉÅ~ìíáçå~êó=aÉã~åÇ=Ñçê=p~îáåÖI=nì~êíÉêäó=gçìêå~ä=çÑ=bÅçåçãáÅëINVSUI=UOI=ééK=QSRJQTPKPQ
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f|NT|NU !"#$%&'()
51 !"#==== !"#$%&'()* !"#$%&'()*+,-./0123456789&!":;<= > !"# !"#$%&'()*+,-./01)23,-456 !"#NK= !"#$%& !"#$%&'()*+,-.EdamF !"#$%&OMMMOMMO !"NKRBMKOB=UKQBOMMP !"#$%&'()* +,-./0 !"#$%&'()*+,-./01 OMMM OMMO !"#$%& !"#$%&'(")*+,-./0 ONKTB NPKTB NTKMB OMMP !"#$%&'(P !"#$%&'()*+QOKTBR RKN dam !"#$%&'( )*+dam !"#$%&'()*+,-*. !"#$%!"#$&'()*+,-./01&2345+6789:;<= !"#$dam OMMONVVP !dam !"#$%&'()*+NVKSBRVKNB !"#$%&'OKMB=RKPB !"#$%&'()*+,- !"#$%&' RKN !"#$%&'()*+ !"#$% =OMMO= f|NT|NU !"#$%&'()*+ !"#$%OMMP P !"# NT R !"#$%&'(
52 !"#==== OK= !"#$%&'(NVVV !"#$%&'()*+,-./!0NVVUUNKS !"#$%OMMPRTQKO !"#T !"#$%&'()*+,-./0123456 !"S !"#$%&'()*+,-./01 2NVUV !"#$%TRKQBOMMN !"VOKNB !"#$%&'()*+,-./012345& !"#$%&'()*+,-./0$123#+456789:;0$<=>PMB OMMNPOKOB !"#$%T !"#$%&'%()*+, !"#$%&'()*+,-./0123456789:;< içìáë=sìáííçå _çëëbëÅ~Ç~_~ääó`~êíáÉê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ff|R ST
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a~åáÉä=h~ÜåÉã~åF !EsÉêåçå=iK=pãáíÜF !"#$%&'()*+,-%&#$./01OMMO !"#$%&'()*+"#$,-./012&"#$,345678,9/*+:;9/*+0UV
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：洪tJ禱衿創刊號出 版：澳門博彩硏究學會地址：澳門宋玉生廣場 255 號中土大廈 10 樓電話： (853) 2970999 傳真： (853) 2970988 刊名題字：蘇樹輝編輯委員會成員：楊允中曾忠祿廖國瑛顧向恩曾澤瑤李金平哈力編總編輯：廖國瑛輯：曾澤瑤版 面 設 計：堅藝策劃製作有限公司印 刷：澳門科藝印刷公司印刷數量： 2,000 本出版日期： 2004 年 7 月I S S N: 1812-4534
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