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Showing results for tags 'macau'.

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  1. On paper, the Asian market would appear to be one of the highest untapped online gambling markets currently in existence. It covers approximately 60% of the world’s population, boasts highly educated people with easy access to the latest technology and in many cases an impressive amount of disposable income. However, due to religious and political regions, many Asian countries hold a negative view of gambling in any form, only allowing it at land-based venues to make more money off their foreign visitors. To gain a better understanding of the specific views of major regions, what they currently allow and what developments are in the pipeline we discuss Asia under three headings: Asia’s Shining Stars: regions where gambling is thriving Diamonds in the Rough: regions most likely to allow online gambling Here Be Dragons: regions where all gambling is banned These heading refer to the region’s stance on gambling, whether they are open to online gambling or not will be discussed as part of its review. Asia’s Shining Stars While gambling faces opposition across most of Asia there are two regions where the pastime is welcome with open arms, Macau, and the Philippines. ✓Macau Macau (also correctly spelt Macao) is the hub of Asian gambling, often being referred to as the Las Vegas of East. Though while Las Vegas might have Macau beat when it comes to landmass the former Portuguese colony has been known to generate three times the revenue of Vegas, reaching nearly $30 billion in 2019. In addition to being a global tourist destination, Macau also serves as China’s gambling outlet. While gambling in China is strictly forbidden its citizens may travel to Macau to gamble without fear of reprisal. While gambling in Macau is open to all who land there the one area where there is still some resistance to online gambling. Much of this resistance is thought to be since so many Chinese business people gamble in Macau and the Chinese government concerns about controlling what its citizens do online. ✓Philippines When it comes to noteworthy eCommerce markets the Philippines is unlikely to make your top list however market research proves that this is an up and coming online sales hot spot. A recent market forecast report by Statista shows that online sales in the Philippines should surpass the $5 billion mark by the end of 2021. This sizeable investment in online retail is not purely from a small segment of big spenders. GlobalWebIndex reported that of the 110 million people living in the Philippines more than 69 million are regular internet users with 75% of those aged between 16 and 64 already active online shoppers. This bodes well for the potential of online gambling when one considers that not only does the Philippines have a well-regulated gambling economy, but it allows offshore casino operators to offer Online Slots and other casino games to Filipino players. There is some confusion regarding holding a Filipino license since two options are on offer. The country’s two gambling boards, the Philippine Amusement and Gaming Corporation (PAGCOR) and the Cagayan Economic Zone Authority (CEZA), each offer their own license. However, neither license allows the licensee to offer casino games within the border of the country. In an ideal world, PAGCOR and CEZA can create a joint license agreement that allows the operation of an online casino within the Philippines that can also target Filipino players. For now, offshore casinos are free to reap the benefits of the Filipino love of online shopping and entertainment. Diamonds In The Rough These Asian gambling jurisdictions may offer casino games but only under heavily restricted circumstances. While they are not free gambling markets with their proverbial “toe in the water” they are best positioned to pivot to an open-license system. ✓Hong Kong As with Macau, Hong Kong is seen as an administrative region of China. This means that while the region is afforded some level of autonomy China feels empowered to step in and change or amend laws as they see fit. This has led to Hong Kong having a thriving local gambling market where players over the age of 18 can gamble at any of the country’s approved venues. All land-based betting in Hong Kong falls under the monopoly of the Hong Kong Jockey Club. To enjoy a night playing blackjack, roulette or even the slots one will have to board a dedicated gambling cruise ship which then goes out beyond the island’s legal territory before any casino gambling can take place. Online gambling is once again heavily restricted due to China’s influence over Hong Kong. However, Hong Kong is currently undergoing a resurgence in the call for its independence from China. Should they succeed, this could see the online casino market become a key player in their financial growth. ✓India India is one of those territories that holds a lot of potential for offshore casino operators despite gambling being illegal in the country. The reason for this is their lack of clarity in formulating their laws. India’s Public Gambling Act (1867) and Prize Competition Act (1955) in no way address online gambling due to the era in which they were composed. Despite this, they are still the applicable gambling laws in the country. The government did write the Information Technology Act of 2000 into law however this fails to define either gambling or online gambling and does not specifically address whether games of chance or games of skill are legal or illegal. With a growing middle class, large scale internet penetration (specifically amongst mobile users) and a population of 1.3 billion adults (over 18 years of age) India is one of the hottest online gambling markets in the world. ✓Japan Historically gambling in Japan has been frowned upon as it was seen as a wasteful way to risk hard-earned money or property. However, in 2018 the government approved a change in the local laws which would allow for the development of three integrated casino resorts (IR). The recent plans to break ground on the first IR in Yokohama later this year came to a grinding halt when anti-casino mayoral candidate Takeharu Yamanaka won the election. However, there are still four other cities, Tokyo, Nagasaki, Osaka, and Wakayama, which are open to being the first casino resort in Japan. While it is early days for casino gambling in Japan the legalisation of a once-banned activity is a massive step in the right direction. And with casino operators such as Melco Resorts and Entertainment, Sega Sammy Holdings Inc, Shotoku Corp, and Genting, Singapore Ltd pushing the development ahead we are hopeful for the inclusion of an online casino app in their roadmap. ✓Vietnam Following Japan’s lead 2018 also saw Vietnam unexpectedly legalise betting on greyhound and horse races, begin accepting bets on soccer matches and open several land-based casinos to serve foreign visitors. The country is also currently testing the viability of allowing locals to gamble in these casinos given that they meet certain criteria such as a minimum income threshold. Given the country’s history of severely restricting gambling and punishing those who contravene its laws, this is a major breakthrough for the industry in Vietnam. While there is no specific intention to address online gambling in the immediate future, we are hopeful that the local gambling authority will view online and mobile casinos as a natural technological extension of its land-based casino development. Here Be Dragons There are several Asian territories where online gambling in any form is simply not looking to make any headway. These regions include: China Taiwan South Korea Malaysia These bastions of human rights and freedom are known to take punitive measures against citizens who gamble either online or offline, including prison time, heavy fines and even blacklisting at local financial institutions. Cryptocurrency and Gambling in Asia One of the game-changing new technologies for online gambling in restrictive Asian markets has the development and adoption of cryptocurrencies. When it comes to gambling with Bitcoin these casino fans finally have a way to get around the local government policies that block their ability to make deposits or request withdrawals when playing online. However, it is not only the those looking to circumvent local gambling regulation who are looking to Bitcoin and its peers. Asian markets that offer legal online gambling are considering the adoption of cryptocurrencies to reduce costs, offer safer and more secure gambling transactions and appeal to foreign gamblers once they leave the country and head home. It is expected that markets like the Philippines who have such an active eCommerce market could lead the way in gambling with crypto as local users begin to adopt altcoins and stable coins for daily online purchases. Where To From Here? While the road to a fully licensed and regulated Asian gambling market is a long and bumpy one there are some amazing developments with once hard locked regions opening their doors to casinos – even if only for foreign passport holders. Yet as these regions become comfortable with the idea of gambling, can prove that it does not undermine the fabric of their culture, and begins to add to the government’s coffers, there is hope for adoption to speed up. The more Asian countries become pro-gambling, the more opportunities it presents for online gambling to take hold and flourish.
  2. Gambling is a global pastime and as such comes with its own vast library of myths, legends, facts and loads of fiction. We’ve delved into these stories to bring you twelve gambling and casino facts that sound stranger than fiction. ✓Blackjack Saved FedEx from Going Under The 70s were a tough time for a struggling freight and delivery company named Federal Express. Failing to secure the $24,000 he needed to pay the company’s outstanding fuel bill Fred Smith, FedEx founder, gambled the last $5000 in the company account and won. After a successful run of luck playing blackjack Smith turned his $5000 bankroll into $27,000 saving the company. Today FedEx has an annual turnover of more than $60 billion, making it one of the biggest paydays in gambling history. ✓Card Counting is Actually Legal Despite Hollywood’s portrayal of card counting as a dubious practise the reality is that it is nothing more than an intelligence-based method for keeping track of cards. Where the confusion comes into play is that casinos will do whatever they can to maintain the house edge, especially where low margin games like blackjack are concerned, and as such remove card counters from the casino. They do so by invoking their “right of admission reserved” clause, not by citing any law or legal precedent. ✓The Playing Card Roots of Slot Machines It is not only FedEx which has a deck of cards to thank for its existence, so does the slot machine, video slot and fruit machine industry. Prior to 1890 gambling consisted primarily of dice and card-based games. Looking to spice things up a mechanic built a drum wheel and populated it with paying cards. Winning lines on this first slot machine was based on winning poker hands. The stronger the hand the higher the prize the bar would offer which included sweets, free drinks and even cigars. ✓Early Las Vegas Supported Feminism The 1920s was a powerful time for women in America, not only would they receive the right to vote but a woman would lead the charge in legalised casino ownership. The Northern Club was opened on September 5, 1920, by Mayme Stocker. Her venue offered patrons refreshments and access to the only casino games that were legal at the time, these being stud, draw and lowball poker. When Las Vegas officially began offering gambling licenses in 1931 her standing in the community saw Stocker receive the first one. ✓Las Vegas Does Not Rule the Gambling World While Las Vegas dominates popular culture and media as the epicentre of gambling the real king of the hill lies more than seven thousand miles to the East. Macau is the worlds largest gambling centre and generates more than three times the amount of revenue annually that Las Vegas does. Vegas generates annual Gross Gaming Revenues (GGR) in excess of $6 billion while Macau’s GGR can exceed $28 billion. ✓Pachinko Rolls Around Japanese Gambling Laws Japanese residents are avid gamblers however access to local land-based casinos is strictly regulated. Gambling fans are only allowed to visit a licensed casino once a week and must pay a hefty entrance fee for the privilege. However, Pachinko machines are legal as patrons purchase trays of silver balls to play with but cannot win cash from the machines, only more silver balls which can be traded in for a variety of items or prizes. On an interesting but totally unrelated note, there are always curio shops not far from the Pachinko parlours willing to buy these trinkets from lucky players for cash. What a fortunate coincidence. ✓The Great Wall of Keno While modern gambling companies are seen to donate large sums of money to local charities, programs to support the prevention of problem gambling and other honourable causes, however, this is far from being something new. Keno was invented in China during the 2nd century BC and soon became a favoured game with nobles and peasants alike. So much so that when the Great Wall of China was being built the Emperor used taxes on Keno as a way to supplement the project. ✓The Rise and Fall of Archie Karas While it is true that what goes up must come down the story of Greek gambler Archie Karas is one of the dangers of chasing wins and losses while gambling. The 1950s saw Karas go on what has become known simply as The Run, a gambling streak that saw him turn $50 into more than $40 million in less than three years. Unfortunately, his streak of luck turned sour and Karas lost it all in less than three weeks. The moral of the story is to know when to cash in your chips and enjoy your success. ✓Playing the Long Game We have all heard the tales of how skilled poker players can face off against one another over extended periods of time, however, the truth, in this case, will sound stranger than fiction. The longest recorded poker game in history was played in Arizona and began in 1881 when all was said and done more than $10 million had changed hands over a period of nearly eight and a half years! ✓A Million Dollar Lotto Lesson NN ran the story of Glenda Blackwell, who protested her husband's ongoing fascination with the lottery by buying a ticket of her own. Intended to be a lesson in the pointlessness of playing the lottery Glenda had to eat her words when her $10 Carolina Millions Scratchcard paid out a staggering $1 million! If ever there was a lesson worth learning this was one of them. ✓Craps Hall of Fame When it comes to gamblers who have defied the odds and carved out a niche for themselves in the gambling hall of fame nothing compares to tales told at the Las Vegas Desert Inn of an anonymous sailor from the 50s. As the legend goes this lone sailor made 27 consecutive winning passes while playing Craps, the odds of this astounding feat are 12,467,890 to 1. In honour of his amazing streak, the dice are on display in a glass case at the Desert Inn till today. ✓Gambling on the Go The term ‘gambling on the go’ is most often associated with mobile gambling today given the burgeoning mobile casino market, however, it is a label that perfectly fits the world’s smallest casino. Birmingham’s Grosvenor Casino unveiled their smallest gambling location in 2016, a converted local taxicab. The casino-cab features a gambling table, its own dealer, a bar, television screens for sporting events and access to online casino games. What is your favourite tall tale or unbelievable gambling fact? Create a free GamblersPick account today and share your stranger than fiction factoids in the comments section below.
  3. Casinos have been around since the 17th century. During that time, we've seen them develop into some of the most stunning and luxurious places in the world, as well as some of the most bizarre! What are the boldest, the oldest and the biggest casinos in the world? Which are the casinos you really need to see before you die? Keep reading as we take a look at some of the most spectacular casinos ever built. The Biggest Casinos in the World What is the largest casino in the United States? What about Europe? Is the biggest casino to be found in Vegas? Here are some of the biggest casinos in the world. WinStar World Casino, Oklahoma If you guessed that the world's largest casino was in the US, you were right. If you guessed it was a Vegas, you were very wrong. The largest casino in the world is the WinStar World Casino in Oklahoma. Coming in at around 600,000 square feet of gaming space, this mega-casino has eight gaming areas, seventeen restaurants, a 7,000 seater Colosseum, and more than 7,000 gaming machines. What is the largest Indian casino? Well, it's this one. That's right, the largest casino in the world is owned by the Chickasaw Nation. MGM Grand, Las Vegas What is the biggest casino in Vegas? That honor goes to the MGM Grand. At 170,000 square feet of gaming space, this enormous casino is still less than a third of the size of the Winstar World Casino. That still doesn't stop it from being one of the most popular and recognizable casinos in the world. Expect to find around 3,000 slots, 200 table games, poker rooms, fifteen restaurants, and two theatres. It certainly lives up to it's Grand title. Venetian Macau, Macau What is the largest casino in Asia? That prize goes to the Venetian in Macau, which has a floor area of over 500,000 square feet. Macau is a former Portuguese colony and now a special administrative region of China, and it is home to some of the most impressive casinos in the world. In fact, the highest-grossing casino in the world is the Galaxy Macau which turned over nearly $6 billion in 2014. The Venetian Macau may not make the most money, but it certainly boasts the most floor space. The Oldest Casinos in the World Unsurprisingly, many of the biggest casinos in the world are fairly new. But what is the oldest casino in the world? We'll take a look at some of the oldest casinos out there. Casino di Venezia, Italy Casinos have been around since before the US was formed, so it's no big surprise that the first casino was in Europe. Where in Europe is the world's oldest casino? The answer is Italy. The Casino di Venezia sits on the grand canal in Venice, one of the most beautiful cities in the world. When was the first casino invented? Incredibly it opened in 1638, five years before Isaac Newton was born and only eighteen years after the Mayflower first landed at Plymouth Harbor. Who made the first casino? It was originally set up as a theatre with a separate area for gambling in the intermission. The gambling proved more popular than the shows, however, and by the 18th century, there were more than 100 casinos in Venice. The casino stopped operating for many years but was reopened in the 1960s and could claim possibly the boldest marketing ever done by a casino. The entire baggage carousel at Marco Polo airport in Venice was turned into a giant roulette wheel. The casino said the stunt saw visits rise by 60% making it one of their most effective ads. Kurhaus of Baden-Baden, Germany The Casino di Venezia may be the oldest casino, but it hasn't been operating continuously during that time, having only moved to its current location in the 1950s. If you're looking for the oldest continually-operating casino, then its the Kurhaus of Baden-Baden in Germany. The casino was completed in 1824 and has been running ever since. When gambling was banned in France in the 1830s, things began to really take off. The casino was visited by the author Fyodor Dostoevsky and was the inspiration for his novel The Gambler. The Boldest Casinos in the World There are some truly weird and wonderful casinos out there. What's the most provocative casino? What is the craziest casino design? Read on as we look at some of the boldest casinos in the world. The Venetian, Las Vegas What is the boldest casino theme? Well, how about recreating the canals of Venice, Italy? The Venetian in Las Vegas does exactly that. It includes replicas of famous Venetian landmarks, including the Rialto Bridge, the Piazza San Marco, and the Palazzo Ducale. You can even take a gondola ride along those famous canals. The Bellagio, Las Vegas What is the most innovative casino? That's hard to say; it depends on whether you mean innovation in gaming technology or innovative design. Regardless, we couldn't have a list of the great casinos without including The Bellagio. The go-to casino for many a Hollywood movie, this casino is based on another region of Italy: Lake Como. It features an eight-acre lake that contains the casino's most innovative feature: the Fountains of Bellagio. This enormous water feature is the centrepiece of incredible performances featuring light and sound that take place throughout the day and are visible from the Strip. When it was built, it was the largest fountain in the world. Ready to Learn More? If this list of the oldest, boldest and biggest casinos in the world has whetted your appetite, then you're in the right place. Our site is devoted to bringing you information about everything related to online gambling. Whether you're looking for tips and tricks to increase your chances of winning, or reviews of bonuses and online casinos, you'll find everything you need is just a click away. Our aim is to offer trustworthy and reliable information to help you with your online gambling journey. Why not join the GamblersPick community today?
  4. When you think about large casinos, your attention may immediately focus on some of the more popular casinos in Las Vegas and Atlantic City. While these cities are known for their gaming action, the reality is that most of their gaming resorts pale in comparison to the size and grandeur of the top venues around the world. Whether you are new to gambling or you are a high roller, these are the largest and most magnificent venues in the world, and they deserve your attention for your next big trip. Casino Lisboa in Lisbon, Portugal (Image credit: casino-lisboa.pt) 1. Casino Lisboa in Lisbon, Portugal If you are looking for serious gaming action in Europe, Casino Lisboa is the place to go. The gaming space in this enormous resort covers 165,000 square feet across two floors. It includes 26 table games and 1,000 slot machines. When you need a break from gaming, you can take advantage of the many other amenities and attractions on-site. For example, you can catch a live performance in a large auditorium that boasts a triple-ring rotating stage. This venue also has three impressive restaurants and a contemporary art gallery. MGM Grand, Las Vegas (Image credit: mgmresorts.com) 2. MGM Grand in Las Vegas MGM Grand is the largest gaming resort in Las Vegas and the only one that is large enough to make this list. If you visit MGM Grand to enjoy its gaming action, you will have more than 170,000 square feet of space to explore. This area boasts 200 table games, 3,000 slot machines and a dedicated poker room for non-smokers. As a travel destination in its own right, it is also home to two theaters that host elite performers regularly, three hotels along with elite villas, a nightclub, a spa, a huge pool, a sports arena, 15 restaurants and more than two dozen boutiques and shops. The Sands, Macao (Image credit: sandscasino.com) 3. The Sands in Macau The Sands is only one of five huge gaming venues in this city. Its gaming space covers 229,000 square feet, and it holds more than 1,000 slot machines and 200 gaming tables. It is notably known for its towering ceilings, which create a grand ambiance. Adding to the fun, this venue also is home to a theater, a health spa and nine restaurants. Rio Casino Resort, South Africa (Image credit: riocasino.co.za) 4. Rio Casino Resort in Klerksdrop, South Africa At the Rio Casino Resort, you can appreciate a jovial, carnival-inspired ambiance as you explore more its 266,330 square feet of games. It hosts poker tournaments regularly, and it gives you 24-hour access to its 274 slot machines and 12 table games. This venue offers something for all of its guests to enjoy with amenities like a bar, two unique restaurants, an arcade for the kids, a luxurious hotel and a private salon dedicated exclusively to high rollers. Ponte 16, Macau (Image credit: ponte16.com.mo) 5. Ponte 16 This is the second Macanese venue to make the list, and its gaming space covers 270,000 square feet. It boasts a waterfront location in the Inner Harbor, two VIP rooms, 307 slot machines and 109 tables. Its many games include fan tan, face-up blackjack, 3-card Baccarat and American roulette. During your stay, you can feel pampered at a French-themed luxury hotel. You can also enjoy a fitness center, a spa, a pool area, a gallery featuring live performances, a foot massage station, a children’s play area and numerous bars and restaurants. Wynn Macau (Image credit: wynnmacau.com) 6. Wynn Macau This Wynn-brand casino is located relatively close to Ponte 15, and it is slightly larger. Across its 273,000 square feet, you will find slots, table games and other gambling hot spots. In addition, the Wynn is home to a pool, an art gallery, a spa, more than two dozen shops, four elite restaurants and stunning visual arts shows that combine music, fire and other elements. Foxwoods, Connecticut (Image credit: foxwoods.com) 7. Foxwoods in Ledyard, Connecticut This is the second of three venues in the United States to make the list, and it is owned and managed by the Mashantucket Pequot Tribal Nation. The venue is broken into six unique casinos, and they collectively cover more than 340,000 square feet. The gaming centers have 3,400 slot machines and more than 250 tables for a wide range of games across the six venues. In addition, you can take advantage of 55 restaurants and bars, a spa, a shopping center, zip-lining, bowling and more. City of Dreams, China (Image credit: cityofdreamsmacau.com) 8. City of Dreams in China The next venue on the list is considerably larger than Foxwoods. City of Dreams sits in Macau, and its gaming space encompasses 420,000 square feet. Its spacey, futuristic vibe is only one of its many qualities that set it apart from others. It is home to several VIP lounges with unique themes, more than 1,500 slot machines, 450 gaming tables and 30 bars and restaurants. It also has more than 175,000 square feet of boutiques and shops, four hotels, a nightclub, four spas, a water theater, an art exhibition space and more. Venetian, China (Image credit: venetianmacao.com) 9. Venetian in China The Venetian is the largest gambling venue in China and throughout Asia. Out of more than 10 million square feet of total space, approximately 530,000 square feet is dedicated to gaming activities. There are four game spaces with exciting, individualized themes, and these collectively hold 800 gaming tables and more than 6,000 slot machines. The venue also includes a 39-story hotel, numerous retail and dining areas, a huge special events center and a beautiful Venice-inspired decorative scheme. WinStar World Casino, Oklahoma (Image credit: winstar.com) 10. WinStar World Casino in Oklahoma Across Europe, Asia and beyond, all casino venues pale in comparison to the WinStar World Casino in Oklahoma. It is owned by the Chicksaw Nation. This venue’s gaming space covers 600,000 square feet, and it boasts an additional 600,000 square feet that has a wide range of additional amenities and attractions for every high roller to enjoy. At the WinStar World Casino, you will find an 800-seat bingo hall, 100 table games, more than 7,000 slots and a poker room dedicated to non-smokers. Additional hot spots at this venue include two event centers that offer more than 11,000 seats collectively, a golf course, a spa, a pool with a poolside bar, a sports lounge, a nightclub and 17 restaurants.
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