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Topic: Gambling in Macau


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  Macau - Encyclopedia.WorldSearch   (Site not responding. Last check: 2007-10-21)
Macau prospered as a port and was a subject of repeated attempts by the Dutch to conquer it in the 17th century.
Macau consists of a peninsula, and the islands of Taipa and Coloane.
Macau's economy is based largely on tourism, including gambling, and textile and fireworks manufacturing.
encyclopedia.worldsearch.com /macau.htm   (1685 words)

  
 Gambling in Macau - Wikipedia, the free encyclopedia
Gambling in Macau was legalized in 1847 under the rule of the Portuguese and since then Macau has become known worldwide as the "Monte Carlo of the Orient", and gambling has become a huge part of Macau's economy.
Gambling in Macau plays an important role in the economy of the city.
Generally, gambling in Macau can be divided into three different categories: casino games, horse racing and greyhound racing.
en.wikipedia.org /wiki/Gambling_in_Macau   (1335 words)

  
 Encyclopedia: Macau   (Site not responding. Last check: 2007-10-21)
Macau has played a unique and influential role in relations between China and the West, especially between the late 16th and 19th centuries.
Gambling has had many different meanings depending on the cultural and historical context in which it is used.
Macau and East Timor were again combined as an overseas province of Portugal under control of Goa in 1883.
www.nationmaster.com /encyclopedia/Macau   (1382 words)

  
 Macau Article, Macau Information   (Site not responding. Last check: 2007-10-21)
Macau was officially founded as a colony of Portugal in 1557 and recognized by the Chinese in 1670.
Macau prospered as a port andwas a subject of repeated attempts by the Dutch to conquer it in the 17th century.
It refers to the northern part of the Macau peninsula, and the northernpart of the Macau peninsula is situated near the border of China.
www.anoca.org /china/portuguese/macau.html   (1010 words)

  
 Encyclopedia: Gambling in Macau   (Site not responding. Last check: 2007-10-21)
The economy of Macau is based largely on tourism (including gambling) and textile and fireworks manufacturing.
Horse-racing is an equestrian sporting activity which has been practiced over the centuries; the chariot races of Roman times were an early example, as was the contest of the steeds of the god Odin and the giant Hrungnir in Norse mythology.
Macau is also known as Haojing'ao (壕鏡澳 "Trench-mirror Inlet"), Xiangshan'ao (香山澳 "Frangrant-mountain Inlet"), Liandao (蓮島 "Lotus Island"), as well as "Soda port" (疏打埠).
www.nationmaster.com /encyclopedia/Gambling-in-Macau   (537 words)

  
 Gambling in Macau   (Site not responding. Last check: 2007-10-21)
Gambling in Macau waslegalized in 1847 under the rule of Portuguese and since then Macau has become known worldwideas the “Monte Carlo of the Orient”.
Gambling in Macau plays an important role in the economy of thecity.
However the gambling business is also the source of instability in the Macau economy, as the nature of gambling industry isnot susceptible to technological advancement or productivity growth.
www.therfcc.org /gambling-in-macau-113434.html   (1692 words)

  
 Gambling News And Resources :: Gambling News :: Macau may trump Vegas   (Site not responding. Last check: 2007-10-21)
Now gambling moguls such as Kerry Packer and Steve Wynn are hoping to pull off, without the mob connections, a similar transformation in Macau — turning what has been a sleazy sinkhole of smoky gambling dens, recycling reputedly ill-gotten cash, into a conference centre and a family-friendly international tourist destination.
Macau revenues will grow 18 per cent a year through to 2008, forecasts Marc Falcone, gaming analyst at Deutsche Bank, by which time gambling opportunities are expected to balloon from the current 16 casinos and 894 gaming tables to at least 30 casinos and 3500 tables.
Stanley Ho, having lost 30 per cent of the Macau gambling take to the newcomers, is fighting back with four new casinos in the past two years and big plans for more.
www.cashnetcasino.com /news/index.php?id=201   (1721 words)

  
 USNews.com: Letter from Macau: Gambling on China (5/17/04)
MACAU, CHINA--The shrill noise of drills, saws, and the occasional Chinese expletive fill the vast hall.
The only place in Asia with full-fledged legalized gambling sits within a five-hour flight of 3 billion people--nearly half the world's population.
"Macau is without question one of the best gaming opportunities in the world and may be one of the biggest business opportunities in the world," says analyst Marc Falcone of Deutsche Bank.
www.usnews.com /usnews/biztech/articles/040517/17macau.htm   (484 words)

  
 Gambling boom awakens sleepy Macau   (Site not responding. Last check: 2007-10-21)
MACAU - Contrary to what you may have heard and read, Macau is not Las Vegas, at least not yet.
House winnings at Macau`s 19 casinos are poised to exceed $6 billion this year, overtaking Las Vegas and its more than 200 casinos as the world`s top gambling earner.
Macau`s average daily take per table is around $18,000 (slot machines account for less than 2% of Macau`s gambling take), better than five times the average for Las Vegas.
www.all-online-casino.com /casino_news/more/574.html   (1348 words)

  
 Sports Gambling Forum - Macau, China the next Vegas? Single Men...
Billions are gambled and lost in the territory every year and industry sources say that is just the tip of the iceberg.
Macau, on the other hand, is packed with saunas, massage parlours and karaoke lounges largely catering to single men.
Among their plans to makeover Macau's casino scene is Adelson's vision of an indoor version of Venice's Grand Canal, complete with singing gondoliers.
www.bettorsworld.com /web/forums/showthread.php?p=65533   (1292 words)

  
 SignOnSanDiego.com > News > State/The West -- Casino developer: Time running out for gambling reforms in Macau
LAS VEGAS – Developer Steve Wynn is pressing Macau government officials to strengthen gambling reforms in the semiautonomous Chinese enclave so he can moved ahead with a planned casino.
Wynn said this week he's made it clear to Macau's leaders that time is running out to approve the regulatory reforms in the $3 billion-plus casino market.
Macau has already approved new laws allowing casinos to grant credit, but Wynn also wants changes that would reduce taxable gambling revenues.
www.signonsandiego.com /news/state/20030828-0644-nv-wynnmacau.html   (320 words)

  
 JS Online: Macau Licenses 3 Gambling Empires
Ho's Macau Gambling Co. offered its congratulations to ``the newcomers'' and welcomed the decision as evidence of the government's ``recognition'' of the pivotal role of his gambling empire, which accounts for more than half the city's economic activity.
Macau expects the Las Vegas casinos to polish its gaming industry with their flashier style and resort-like atmosphere, helping the sleepy port achieve its aim of becoming a regional center for tourism, entertainment and conferences.
Macau officials said the newcomers would be allowed to set up ``temporary'' casinos within six to nine months, pending completion of their permanent facilities.
jsonline.com /bym/news/ap/feb02/ap-macau-casinos020802.asp?format=print   (736 words)

  
 SkyscraperCity Forums - Macau Casinos and Gambling News   (Site not responding. Last check: 2007-10-21)
Macau was returned from Portuguese to Chinese rule in 1999 and three years later decided to open up its crucial gaming industry to competition after a four-decade monopoly by Ho.
Gambling giant MGM Mirage was not granted a development license from the Macau government, but the company is reportedly in talks with the daughter of Ho to build a casino there.
Macau attracted 11.9m tourists last year and 3.8m visitors in the first quarter of this year, half of whom were from the mainland.
www.skyscrapercity.com /showthread.php?t=107939&page=2   (5190 words)

  
 Las Vegas SUN: Vegas casino operators considering a bet on legalized gambling in Macau, Britain
At the moment, the city of Macau, a city of 430,000 on the southeast shore of mainland China, is the most immediate opportunity.
Macau collects a 31.8 percent tax on gaming revenues from Ho's monopoly, which amounted to $291 million in taxes over the first five months of 2001 -- about 60 percent of the taxes collected by the city of 430,000 people.
Though Macau is now a part of China, it operates as a Special Administrative Region, which gives local authorities considerable autonomy over the city.
www.lasvegassun.com /sunbin/stories/gaming/2001/jul/24/512122618.html   (1304 words)

  
 USATODAY.com - Underwater casino planned in Chinese gambling enclave of Macau   (Site not responding. Last check: 2007-10-21)
The Macau government has tentatively agreed to grant land for the "City of Dreams" resort, featuring an underwater casino hall with a capacity of 450 gaming tables and 3,000 slot machines, one of its developers, Melco International Development Ltd. said in a statement seen Monday.
Macau is expected to surpass Las Vegas as the world's biggest gambling market in 2005, with the territory's casinos projected to bring in more than $5 billion in gambling revenue as newly affluent mainland Chinese flood to Macau to gamble.
Macau is a former Portuguese colony that was returned to Chinese rule in 1999.
www.usatoday.com /travel/news/2005-05-16-underwater-casino_x.htm   (422 words)

  
 Macau Collects Record Gambling Revenues
MACAU – As reported by the Ponto Final: "The Macau government collected a record 10.17 billion patacas (US$1.27 billion) in casino gross-revenue tax last year, an increase of 33 per cent on 2002, the Macau Finance Services Bureau said on Tuesday.
"…Meanwhile, according to a gaming-industry insider source, Macau's 12 casinos logged a record gross revenue of some 5.7 billion patacas in the first two months, an increase of 43 per cent on the same period last year.
There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet.
www.casinocitytimes.com /news/article.cfm?contentID=141294   (215 words)

  
 The Rugged Elegance Inspiration Network: Tailors, Temples, Trishaws & Gambling in Macau
Macau gradually lost its place as a trading port when Hong Kong was ceded to the British in 1840s.
For the past forty-five years Macau has been a gambling territory that is expected to surpass Las Vegas this year as the world's biggest gambling market.
All that remains of Macau's greatest church is its magnificent stone facade and grand staircase.
www.ruggedelegantliving.com /a/003615.html   (2518 words)

  
 Gambling on Love in Macau
ABOUT MACAU: In December 1999, Macau was handed back to China and is now a Special Administrative Region of the People's Republic of China.
Eat Macanese cuisine, gamble, take in the Grand Prix (late November), drink fabulous and inexpensive Portuguese wine, shop for Chinese antiques and gold, or pop across the border for some Cantonese food and a peek at the real China.
GAMBLING: Macau is said to have the widest range of casino games in the world.
www.lovetripper.com /ARTICLES/a.asia.macau.VB.html   (1440 words)

  
 Underwater Gambling in Macau - Daily Gambling News   (Site not responding. Last check: 2007-10-21)
The gambling casino "will be surrounded by water and marine life" said Melco Group managing director Lawrence Ho.
The gambling resort will be located on Macau's Cotai strip, which is hoped to become Macau's gambling answer to the Las Vegas Strip.
Macau is expected to outdo Las Vegas as and become the world's biggest gambling market in 2005, with the territory's casinos projected to bring in more than $5billion in gambling revenue as many wealthy Chinese come to Macau for their gambling.
www.dailygamblingnews.org /underwater_gambling_in_macau.html   (238 words)

  
 (HKG) Booming Gambling Resort of Macau Welcomes Record Tourism Numbers - Winner.com Online Casino Guide   (Site not responding. Last check: 2007-10-21)
The vast majority of visitors to Macau, which has just 438,000 residents, are short-term tourists from Hong Kong, China and Taiwan who come to gamble in the 11 casinos, which have a total of 330 tables.
The Macau Government Tourist Office expects the total number of visitor arrivals to exceed 11 million this year compared to last year's record 10.27 million.
Macau was a Portuguese colony for four and a half centuries before being returned to Chinese sovereignty in December 1999.
www.winner.com /Online-Casino-Guide/Articles/-HKG--Booming-Gambling-Resort-of-Macau-Welcomes-Record-Tourism-Numbers--745002.asp   (336 words)

  
 MENAFN - Middle East North Africa . Financial Network News: Billion to be spent for Macau gambling
MACAU, China, March 28 (UPI) -- Gambling moguls such as Australia's Kerry Packer and the Las Vegas' Steve Wynn are betting on Macau becoming the next the Las Vegas.
Some $22 billion is poised to be spent during the next few years on building hotels, casinos, resorts and malls in the former Portuguese enclave that now has a population of 440,000 and is considered a special administrative region of China.
Some 16 million visitors to Macau helped its gambling revenues grow 40 percent to $5.1 billion last year, just behind Las Vegas's $5.3 billion, The Australian said.
www.menafn.com /qn_news_story.asp?StoryId=CqKEpueidy2HPBMeTBwfJyxu   (170 words)

  
 Macau : Gambling | Frommers.com
The Chinese so love gambling that it's often said that if two flies are walking on the wall, the Chinese will bet on which one will walk faster.
Since the only legal gambling in Hong Kong is comprised of the horse races and mahjong, you can bet that most of the Chinese come to Macau to gamble, whether it's at the casinos or the tracks.
In 2006, Macau's reputation as a gambling destination will skyrocket with the opening of the Venetian Macau, a resort on Cotai (the strip of reclaimed land between Taipa and Coloane) complete with casino, hotel, canals, gondolas, shopping mall, and more.
www.frommers.com /destinations/macau/1491010016.html   (536 words)

  
 Gambling in Macau - China-related Topics GA-GD - China-Related Topics
Gambling in Macau plays an important role in the Economy of Macaueconomy of the city.
Nowadays, the gambling industry generates over 40% of the Gross domestic productGDP of Macau.
Macau has nine casinos, of which the biggest is the Casino Lisboa.
www.famouschinese.com /virtual/Gambling_in_Macau   (1795 words)

  
 macau casinos and other macau related information   (Site not responding. Last check: 2007-10-21)
Macau Casinos Betting On Gambling Blowout Filed under: Uncategorized — Administrator @ 3:20 am Leading the way is Galaxy Casino SA, bought recently by Hong Kong-listed K Wah Construction Corp. Like...
While Macau casinos were not a target, gambling-prone public officials and state company executives came under scrutiny by corruption investigators and may have put off trips to the territory or...
With the opening of the Sands Casino [1] in 2004 gambling revenues from Macau's casinos were for the first time greater than those of Las Vegas (each about $5 billion), making Macau currently the highest...
www.nethorde.com /macau/macau-casinos.html   (351 words)

  
 BBC NEWS | Business | Packer moves into Macau gambling
Australian media boss Kerry Packer is moving into the Chinese gambling haven of Macau by sinking $163m (£88m) investment in a casino joint venture.
Macau is developing into one of the Pacific's main gambling hotspots, a magnet for the region's many prolific players with $4.4bn (£2.4bn) in revenue in 2003.
Australian no-frills carrier Virgin Blue is in talks with both Air Macau and another Stanley Ho firm, Shun Tak Holdings, about starting an airline on the island.
news.bbc.co.uk /go/newsFeedXML/moreover/-/1/hi/business/4015201.stm   (278 words)

  
 Cigar Aficionado | Archives | High Stakes Gambling in Macau
That is because Macau, a Portuguese protectorate that will be handed back to China in 1999, has something you can't find in Hong Kong: casinos.
As the only legalized form of gambling in Hong Kong other than a national lottery, the racetracks are highly regulated--and, of course, highly profitable.
The casinos of Macau, operated under a government franchise by the Sociedade de Turismo e Diversoes de Macau, are controlled by a man named Stanley Ho, who, it is widely rumored in Hong Kong and the States, has intimate relationships with some unsavory characters.
www.winespectator.com /Cigar/CA_Archives/CA_Show_Article/0,2322,409,00.html   (1840 words)

  
 Stanley Ho - Macau King of Gambling
Stanley Ho is the wealthiest person in Macau, and one of the wealthiest in Asia.
He owns many properties in both Hong Kong and Macau and has taken part in many kinds of business including entertainment, tourism, shipping, real estate, banking, air transportation.
Stanley Ho is sometimes nicknamed "The King of Gambling", reflecting his control of the gambling industry in Macau for over 35 years, and his ownership of 8 casinos, with Casino Lisboa being Macau's most famous casino.
www.olamacauguide.com /stanleyho.html   (449 words)

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