Largest Casino Operators In Macau
Largest Casino Markets Macau. Gambling has been going on in Macau legally since the 1850s, generating more than half of China’s GDP, amounting to over USD $28,379 million. Tourists from across the globe visit the casino majorly because of the introduction of wagering games from the west. The gaming floor is one of the biggest and best designed in the city, where you can expect to stand elbow to elbow with high rollers. Michelin-starred restaurants, luxury hotels and the best house show in town are just some of the reasons that the City of Dreams is considered one of the most exclusive casinos in Macao. Earnings at Macau’s six biggest casino operators dropped by 40 per cent in the first half of the year as Chinese president Xi Jinping’s corruption crackdown continued to take its toll on the. First of Largest Casino Operators In Macau all you have the free money bonuses which means that you get an amount in cash to play for. There is then also the free spins which often is limited to a specific type of game.
Macau, China, 14 Sept – Harrah’s Entertainment, the world’s largest casino operator by revenue, has acquired the Oriente Golf Course in Macau where it plan to develop an entertainment project, the South China Morning Post reported Thursday.
According to the newspaper, which is published in Hong Kong, if the development of the plot is authorized for the hotel and entertainment industry, the price of the plot could increase to between 21 and 30 billion Hong Kong dollars.
The estimated prices are based on deals done in the landfill area of Cotai, where the golf course is located, where gaming and hotel projects are currently underway, including the recently opened Venetian, which houses the world’s largest casino.
Largest Casino Operators In Macau City
With an area of some 710,000 square meters, the plot of land, which is the second-largest in the whole of Cotai, is located next to the projects being developed by Las Vegas Sands, which owns The Venetian, and in which several hotels, retail and entertainment areas are being built as well as Macau Studio City.
In order to operate a casino in Macau, Harrah’s will have to reach an agreement with one of the operators in the market as the government has no plans to grant additional gaming and gambling licenses.
This would be Harrah’s first property in Asia after failing to net one of the gaming licenses granted by the Macau government in 2006. (macauhub)
Macau is an autonomous territory on the western side of the Pearl River Delta in East Asia. With a population of 650,900[1] living in an area of 30.5 km2 (11.8 sq mi), it is the most densely populated region in the world.
Macau is among the world's richest regions, and as of 2015 its GDP per capita by purchasing power parity is higher than that of any country in the world, according to the World Bank.[2] It became the world's largest gambling centre in 2006,[3] with the economy heavily dependent on gambling and tourism, as well as manufacturing. According to The World Factbook, Macau has the fourth highest life expectancy in the world.[4] Moreover, it is one of the regions in Asia with a 'very high Human Development Index', ranking 18th in the world as of 2014.[5]
Notable firms[edit]
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
| Name | Industry | Sector | Headquarters | Founded | Notes |
|---|---|---|---|---|---|
| Air Macau | Consumer services | Airlines | Macau | 1994 | Airline |
| CEM | Utilities | Conventional electricity | Macau | 1972 | Power |
| China Construction Bank (Macau) | Financials | Banks | Macau | 1972 | Bank, part of China Construction Bank (Hong Kong) |
| Delta Asia Financial Group | Financials | Banks | Macau | 1935 | Bank |
| Industrial and Commercial Bank of China (Macau) | Financials | Banks | Macau | 2009 | Bank |
| Jet Asia | Consumer services | Airlines | Macau | 1995 | Airline |
| Macau Chinese Bank | Financials | Banks | Macau | 2002 | Bank |
| Macau Jockey Club | Consumer services | Gambling | Macau | 1980 | Horse racing |
| Macau.com | Consumer services | Travel & tourism | Macau | 2006 | Travel marketing |
| Manner | Consumer services | Entertainment | Macau | 2013 | Film production |
| Metis TransPacific Airlines | Consumer services | Airlines | Macau | 2007 | Defunct airline |
| OCBC Wing Hang Bank | Financials | Banks | Macau | 1937 | Bank, part of OCBC Bank (Singapore) |
| O'Che 1867 | Consumer services | Specialty retailers | Macau | 1867 | Jewelry |
| Sands Macao | Consumer services | Gambling | Macau | 2004 | Casino |
| Shun Tak Holdings | Financials | Banks | Macau | 1972 | Bank |
| Sky Shuttle | Consumer services | Airlines | Macau | 1997 | Airline |
| Sociedade de Turismo e Diversões de Macau | Consumer services | Gambling | Macau | 1962 | Gambling |
| Transmac | Consumer services | Travel & tourism | Macau | 1988 | Bus service |
| Transportas Companhia de Macau | Consumer services | Travel & tourism | Macau | 1950 | Bus service |
| Viva Macau | Consumer services | Airlines | Macau | 2005 | Airline, defunct 2010 |
| ZOTAC | Technology | Computer hardware | Macau | 2006 | Computer hardware |
Grand Lisboa and Casino Lisboa
Casino Resort MGM Macau
Senado Square, Macau
Fisherman's Wharf
See also[edit]
References[edit]
- ^'Preliminary Results of 2016 Population By-Census'. Statistics and Census Service. Macao SAR Government. 23 December 2016. Retrieved 13 January 2017.
- ^''GDP per capita, PPP (current international $)', World Development Indicators database'. Retrieved 15 September 2014.
- ^Barboza, David (23 January 2007). 'Macao Surpasses Las Vegas as Gambling Center'. The New York Times.
- ^'Life expectancy at birth'. CIA. Retrieved 12 March 2013.
- ^Macau in Figures, 2016