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Total number of casinos / pari-mutuel facilities in Macau: 32 |
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List of casinos in Macau (Macau)Macau Casinosby David Small
Macau - the only place in China with legalized casino gambling. Last week, officials in Las Vegas said Macau edged out the Las Vegas Strip in revenue in 2006, raking in US$6.95 billion. The Las Vegas Strip’s US$6.69 billion was a record, but not enough to stay ahead of Macau.
The year 2007 is the "Year of the Pig," according to the Chinese zodiac. But it's not an ordinary pig year which comes every 12 years, it is believed to be a "Year of the Golden Pig".
The idea that this lunar year should be a Golden Pig Year can be traced back to the Tang Dynasty (618-907 AD). Emperor Gaozu of the Tang Dynasty issued a new coin in 621 called "Kaiyuan Tongbao," which inherited the style of "Zhu" coins created during the Qin Dynasty (221-206 BC). Five years later, when Emperor Taizong acceded to the throne, China stepped into a great period of prosperity that lasted for about 200 years. The Tang Dynasty also reached its peak under the rule of Emperor Taizong.
People believed the "Kaiyuan Tongbao," or "Zhu" coins brought about the wealth and peace to the country, thus named the coin "Golden Zhu." It happened that 627, the year Emperor Taizong succeeded to the throne, was a Year of the Pig, so people said it was a Golden Pig year, as "Zhu" is pronounced the same as "pig" in Mandarin.
Some say that China has now entered another period of great strength. Statistics such as provided in the chart makes it apparent why China has developed so far so fast, and will continue to do so.
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Population
(July 2006 est.) | Average Urban Personal Income
(Per annum est.) | Personal Savings Rate
(% of GDP est.) |
China | 1,313,973,713 | $1,000 | 40% |
USA | 298,444,215 | $50,000 | 0% |
Gamblers from Hong Kong, Taiwan and other locations in Asia can reach Macao in a relatively short period of time using various methods of transportation. Visitors from more distant locations in Asia can take advantage of short travel times by air to Macao or to Hong Kong (followed by a short hydrofoil ferry or helicopter trip to Macao).
Simply put, easy access from major population centers promotes Macao as a popular gaming destination in Asia. Macao completed construction of an international airport in 1995 that provides direct air service to many major cities and countries in Asia, such as Manila, Singapore, Taipei, Bangkok, Beijing and Shanghai. The Macao International Airport can accommodate large commercial airlines and has regularly scheduled air service to approximately 11 cities, including at least eight in China, with links to numerous other major Asian destinations.
Most importantly, China opened two border crossings with Macau shortly after the opening of the Sands Casino and allowed it’s citizens to cross the border. This resulted in a wave of lower income punters that fill the main gaming halls, and if they do not return same day they may sleep in such places as massage parlours and parks in order to not waste money on a hotel room – more money for gambling! Such play is a welcome bonus for the casinos, tending to even out the volatility from high-roller play in the VIP rooms. |
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