From Las Vegas To Macau
Macau has become Special administrative region of China since 1999. With the passing of Portuguese rule and the border to Main land China wide open, Macau is practically sinking under the weight of tourists from neighboring Chinese provinces & other parts of the world. Last year there were 30.71 million arrival on Macau tour, and now they are expecting 28.81 million by this year end. They come here almost exclusively to gamble. Luck is the Central element of Chinese culture. And they are well-known as world most prolific gamblers, but it’s not legal in Mainland china, but Macau fills that Gap. And the amount of Chinese money flowing in Macau’s casino is staggering. Last year it was more than 28.33 billion US$.
You can smell new money everywhere. Courtesy of economic boom in china, just as staggering is the amount of casino development underway. Long-time residents of Macau says, it all has have developed too quickly like a dream. Today Macau is almost unrecognized compared to recent previous years.
Some sections of the city are built of reclaimed land from the sea. A small patch that has changed the phase of Macau, just as Las Vegas rose from Nevada desert. Cotai strip rose from the sea. It was a multi million dollar development.
Thousands of suites, convention centers and themed casino are built on the strip, making it as a table for gamblers. The center piece of Cotai strip is The Venetian – Macau, same like in Las Vegas.
The main developer of the massive Cotai Strip Project, is the 73 years old Las Vegas based billionaire Sheldon Adelson, 18th Richest Man on the planet (2015). Bring Venetian is like Venice came to Macau. This attracted many of the Giants to start their casino on the Cotai Strip. Like City of Dreams, Crown, Grand Hyatt, Hard rock, Studio City, Ritz Carton, Hotel Okura ,Banyan tree, JW Marriott, Four Seasons, St. Regis , Holiday Inn, Conrad, Sheraton and recently Parisian are made on the theme of Paris with half size Eiffel tower at the entrance.
Many More projects like – Wynn Palace, Lisboa Palace, Hilton, Raffles / Fairmont, Jumeirah, and much more in coming years that can be visit on Macau tour from ahmedabad.
The Change of Macau came when Sheldon Adelson opened one of its 3 lucrative gaming concession & can open as many as gaming concession as he likes. Sands Macau returned its 265 million dollar investment in its 1st year. 14 years of Gambling Monopoly ended in 2002.
The King of Gambling and Macau’s Most Powerful man was unhappy with the Invaders (Foreign investors). His answer to the foreign invaders “The Emperor is striking back.”The Grand Lisboa another big project was inaugurated in 2008 year end. The Tallest Building in Macau, being the first Casino to start Texas hold’em poker rings in the game, which belongs to Stanley Ho. He made his fortune through his 40 years of monopoly in gambling. He owns much of the land in Macau & 19 of the 33 casinos’, making him one of the richest man in Hong Kong & World too. Stanley Ho started his career as a smuggler. Wining the people heart by feeding approx. 4, 00,000 refugees of the World War 2. He had enormous influence in Macau. Competition to rival the new American casinos’ Grand Lisboa was his new Flagship.
Long Before the gaming industry, Macau was known as world’s largest Money Laundering place, and in China it’s a pure business.
Macau has total 33 casino, out of which Venetian is the Biggest. A More range of gaming options like roulette, boule, Fan Tan, Keno, Sic Bo, Blackjack & Slot Machines are available in most of them. Gambling in Macau were played in different ways. Before western or *saying (omit this)traditional styles were introduced, they played Chinese games, and also Greyhound racing, betting & lotteries were famous source of Gambling.
In Macau, gambling has become the main source of revenue, above 50 % of the economy comes from it. In 2007, Macau took over the crown from Las Vegas of highest casino revenue, which was possible after foreign Companies from Las Vegas & Australia came to Cotai Strip, Macau. People from Mainland China & Hong Kong are the majority visiting Macau for Gambling.