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Macau, the gambling destination of the globe | 29th December 2012 : WorldCasinoYellowPages

Macau, the gambling destination of the globe

... 29 December 2012

Macau, the gambling destination of the globe

Gambling in Macau in China has been prevalent as back as the eighteenth century when it was under the Portuguese majestic rule. It is the only region where gambling has been recognized legally by the authorities. In fact, the government has depended much upon gambling in terms of revenues of Beijing that could not pull on without this mode of entertainment that generating high income. The authorities themselves intended to do away with the malpractices and go ahead with purified type of gambling in the state.

In fact, gambling has become the preferred choice of millions of people in Macau that has large number of casino floors and VIP salons that cater to the gambling requirements of the hungry gamblers. It is not the gaming properties that attract most of the gamblers from mainland China or prospective fans from Southeast Asia, but the junket operators that help the state to earn millions through gambling revenues from the inflow of visitors.

The business tycoon and billionaire Stanley Ho, the prominent figure of Hong Kong was the first to introduce Casino Lisboa. In addition, Ho owned his own individual ferry facilities for the gamblers to carry them to the Macanese peninsula. Before Macau was taken over again by China, the Chinese citizens could rarely visit the gambling establishments but now with the present land-based border crossing they can easily fulfill their quest of betting.

With the authorities giving permission for the non-Chinese concerns to penetrate the gambling market of Macau, doors were open for them to acquire permits or certain concessions for opening their prospective gambling properties. The latest to land in Macau were Wynn Resorts, Las Vegas Sands and MGM Mirage (previously known as MGM Resorts International). MGM had to ink an agreement with Pansy, the daughter of Ho for getting the requisite facilities.

Each new property had to pour in huge amounts through their investments for building the resorts on the piece of land that could be taken over by the government without any prior notice. Moreover, they had to give thirty five percent of their gambling profits to the state. However due to the easy and fast access to Macau by approx three billion people as compared to just three hundred millions’ approach to Las Vegas within the same time period of five hours; Steve Wynn, Adelson and various others preferred to opt for Macau that would attract almost half of the world’s populace that comprises of about 1.3 billions chasing legal betting. Adelson advocated that China is not in the grip of gambling addicts. In fact, the Chinese people take betting as a part of their cultural activities.

The year 2004 witnessed the opening of Sands Macao by Adelson whereas Wynn came to the fore in 2006 with six hundred rooms. Macau excelled Las Vegas and came to be known as the top gaming point of the world. In the beginning Macau was just like an isthmus but presently it has earned the status of any Las Vegas downtown property. With the launch of Sands and the six hundred rooms MGM in 2007; Macau was able to attract large number of gamblers with state-of-the-art gaming facilities.

Grand Lisboa Macau was also put up by Ho while Adelson was there to open the doors of high revenue earning Venetian Macao Resort Hotel for the gamblers in the year 2007 with its casino floor of 550,000 square feet, largest in the world. Approx ten gamblers are positioned at each table at Casino Lisboa, the flagship of Stanley Ho. Almost all of them could be found smoking and busy with aggressive bets. The year 2010 saw Wynn Resorts adding   a side-by Encore tower acquiring its permit for construction at Cotai. Wynn expects to facilitate top class unimaginable resort that could be made available to the visitors somewhere by 2015.

You would be delighted much with the casino resorts in Macau, particularly on Cotai as far as gaming features, Las Vegas style actions and dining facilities are concerned. All the games and slot machines would leave an unforgettable impression upon your mind in addition to the shopping features like the Prada and Louis Vuitton stores at Wynn Macau with great appeal to the visitors.

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