Total Number Of Casino In Macau

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Over the past decade, Macau has leapt forward dramatically as a gaming center, dominating the Asian gambling scene and giving Las Vegas a run for its money as the world's most popular casino town. The city's gaming revenue averaged at around $2.5 billion a month last year and (in a real shocker) actually beat all of Las Vegas's 2010 revenue by May. While it's been around for a while, a lot of people don't know about the city's rich gaming history.

In all of 2019, Macau casinos produced $36.6 billion in gaming revenues. Las Vegas Sands, Wynn Resorts, and MGM Resorts International are the U.S. Companies with casino operations in Macau. As of the year end of 2019, there were a total of 41 casinos in Macao, with 25 casinos located in the Macao Peninsula and 16 casinos in the Taipa Island.

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Gambling in Macau has actually been legal since 1847, when the Portuguese government legalized gaming in the colony to generate more revenue for the government. It was an immediate success, with over 200 gambling houses paying rent to the government and the city quickly earned the moniker of 'The Monte Carlo' of the orient.

The first casino monopoly concession, meaning that one firm could own multiple gaming houses, was granted to the Tai Xing Company in 1937 and a massive change occurred in 1962 when the government granted the a syndicate jointly formed by Hong Kong and Macau businessmen the monopoly rights to all forms of gambling. This group, known as the Sociedade de Turismo e Diversões de Macau, introduced western-style games and modernized marine transport between Macau and Hong Kong. These changes meant a huge increase in visitors for the colony, with millions of gamblers coming from Hong Kong every year. Their license was renewed in 1986 but expired in 2001.

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Even after Macau's succession from Portugal in 1999 and reunion with the People's Republic of China, there were no changes to Macau's gaming policy, likely because of the revenue it would mean for China's government. After the STDM license expired, Wynn Resorts, Las Vegas Sands and others came to the market, bring the total number of mega-casino operations up to 33 different operations.

Of these, the largest is the Venetian Macau, a 40-story, $2.4 billion operation modeled on its sister, the Venetian in Las Vegas. The Venetian is the largest single structure hotel building in Asia, the sixth-largest building in the world by area and the largest casino in the world. 23 casinos are located on the Macau Peninsula and 10 casinos on Taipa Island. They all operate under a government franchise and under a common set of rules.

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Despite record revenue gains, Macau still trails Las Vegas in the proportion of revenue spent on non-gaming activities such as dining and shopping. As Macau continues to grow and expand in these areas, however, it will run into competition: Taiwan, the Phillippines and Vietnam are all likely to offer the former Portguese challenges in the next decade.

Sixteen of the 29 hotels and bed and breakfast establishments in Macau that had closed due to the threat of Covid-19 disease have re-opened, said on Thursday Inês Chan Lou, of the Macau Government Tourism Office.

Total Number Of Casino In Macau

Among the hotels that have reopened are the Four Seasons in Cotai, the Altira in Taipa and the Sofitel-Ponte 16 on the Macau peninsula.

Total Number Of Casino In Macau Casino

The opening also coincided with the re-opening of 29 of the 39 casinos in Macau that, from now on, are implementing exceptional measures of health safety and control of movements of customers and employees.

Meanwhile, the Macau Airport Company (CAM) has said that between 1 and 16 February the number of passengers fell by 80% and the movement of aircraft by 70%.

The director of the Macau Health Bureau, Lei Chin Ion, said that it had so far been possible to reduce the risk of the epidemic but noted the need for residents to continue to take preventive measures against the spread of Covid-19, namely staying at home, whenever possible, and wearing masks.

For the last 16 days, there have been no new cases of Covid-19 reported in Macau and of the 10 individuals who contracted the disease six have been discharged from hospital.

The government also determined that visitors travelling from the provinces of Henan, Guangdong, Zhejiang and the cities of Beijing, Chongqing and Shanghai must undergo medical examinations for entry into the Macau Special Administrative Region.

Residents of Hubei have been banned from entering Macau since the outbreak of the epidemic unless they present a hospital certificate to confirm they do not have the virus.

Since Thursday thousands of non-resident workers who work in Macau, but live in the neighbouring municipality of Zhuhai, can only enter the territory with a hospital certificate stating they are not affected by Covid-19 or they will be placed in quarantine.

Schools and universities will remain closed as will museums, libraries, theatres, sea transport to Hong Kong, bars, saunas and sports stadiums.

The Macau Literary Festival, which was due to be hosted in March has been cancelled, as was also the case with the Macau Arts Festival.

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The Government of Macau on Monday resumed its activity but only for urgent cases which, however, require a prior appointment in order to avoid people gathering together in public offices.

After closing for two weeks, public offices opened with reduced staff and with users required to fill out an electronic document, provided by the health services, to declare their state of health.

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The government also requires all employees and users of public services to use masks to enter the premises. (macauhub)