Macau Casino History
Gambling is the fastest growing activity on the internet and you can find gambling in all the parts of the globe. Macau is one amongst these places where gambling has been legal since the 1850s. This city is very famous for gambling and because of this the city got a new name and it was called the Monte Carlo of the Orient.
In August 2007, we opened The Venetian ® Macao, our anchor property on Cotai, located approximately three kilometres from the Taipa Temporary Ferry Terminal. The Venetian Macao includes approximately 376,000 square feet of gaming areas spread across exclusive VIP rooms and an expansive mass market gaming floor. Of course, Macau wasn’t always the gambling hub it is today. Its transformation began in the 1960s when one of the patrons of gambling, Stanley Ho, created the perfect environment in which casinos would develop and blossom into a multi-billion industry. But first, let’s note down a few key facts about Macau and its recent history. Macau Casino History Gambling is the fastest growing activity on the internet and you can find gambling in all the parts of the globe. Macau is one amongst these places where gambling has been legal since the 1850s.
Asian gambling has become a significant part of the city’s economy. The city is flooded with casinos and gambling houses where mostly Chinese games were played until Western-style casino games were introduced in the 20th century.
- Gambling was legalized in Macau in the 1850's. In 1962 Stanley Ho gained a monopoly on gambling in Macau through his company STDM, Sociedade de Turismo e Diverses de Macau, or in English, Macau Tourism and Amusement Company. The sub-company of STDM that manages the casinos is SJM, Sociedade de Jogos de Macau, or the gaming company of Macau.
- Macau, a special administrative region like Hong Kong, is the only place in China where casinos are legal, and the business has grown at an astounding pace since the government ended the four.
The gambling in Macau is basically divided into three categories which include casino games, horse racing and greyhound racing. You can also find sports betting and lotteries. Gambling was actually launched in Macau in order to generate revenue and thus it was legalized in 1847 and during the 19 century the government started to offer licensing system for the fan-tan houses or Chinese gambling house.
The government later granted it STDM which was a syndicate. It was jointly formed by the business men of Hong Kong and Macau. It offered the monopoly rights to gambling. This STDM promoted the western casino games and developed marine transport between Hong Kong and Macau.
Macau Casino History Games
The two cities were now better connected which allowed millions of gamblers from Hong Kong to visit Macau every year. Today the STDM controls and operates at least sixteen casinos. They still play a major role in the casino industry in Macau until 2004 which marked the opening of Sands Macau which was the starting of new era in the field of casino gambling. The city has twenty-eight casinos and The Venetian Macau is the biggest and is operated under the government franchise.
Many other games are legalized in this city and they include blackjack, baccarat, roulette, boule, Sic bo, Fan-Tan, keno and slot machines. In the year 2007 the Galaxy Star World Casino came down in the history of Macau gambling as the first place where poker was played in the electronic table format.
Asia Pacific Poker Tour Macau conducted in November 2007 was the first live poker tournament. The year 2008 witnessed the publishing of the official rules for Texas hold ’em poker games by the government of Macau.
Macau Casino History Website
Macau Casino History
Now there are more than 26 casinos in Macau each with a great ambience and worldly luxury. It is a haven for the avid players where one can enjoy the fabulous games like the baccarat, slots, blackjack and lots more. The top casinos in Macau are the Galaxy Rio Casino, Sands Casino, and Casino Lisboa which are very popular and are few of the famous casino spots in China.