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Macau is a city with two faces. On the one hand, the fortresses, churches and food of its former colonial master Portugal speak to a uniquely Mediterranean style on the China coast. On the other, Macau is the self-styled Las Vegas of the East.

And while that comparison might sound overblown, it’s not. During the past few years charismatic-but-sleepy little Macau has experienced the sort of boom usually associated with cities like Shànghǎi. But rather than skyscrapers and office towers, the construction here is all about Vegas-style mega-casinos and hotels. The reason, of course, is that casinos are legal in Macau, while in China and nearby Hong Kong they’re not. It’s a big market…