Not many people know that Las Vesgas has lost "the World's Biggest Casino City" title a while back. Now the capital of the casino world is in the Far East. Macau or Macao as pronounced sometimes is one of the two Special Administrative Regions of the People's Republic of China, the other being Hong Kong.
It's hard to imagine that the total gambling revenues in Macau are expected to topped $40 billion in 2013, more than six times that of the Las Vegas Strip. That revenue came primarily from 35 casinos operating in Macau, featuring a total of 5,746 gaming tables and 15,310 slot machines.
Not only that; Macau is still growing at a fast pace compared to Las Vegas which is suffering from declining visitors and revenues.
The city has long been a top destination in Asia for the folks who love to take chances with their money and enjoys fantastic shows and night life. But now it is attracting all sorts of travelers from all over the world, and the city has been going through unbelievable mega construction boom.
A great number of Chinese people do love gambling but it is actually illegal in China. So Macau attracts a huge number of Chinese tourists as well to enjoy legal gambling in the city.
Most of big american corporations with casino business in Las Vegas have now settled in Macau seeing the profit potential of the city.
In 2006, Steve Wynn, who led a revival of Las Vegas in the nineteen-nineties, opened a casino in Macau; he makes more than two-thirds of his global profits there. He is learning to speak Chinese, and he talks about moving his corporate headquarters to Macau. “We’re really a Chinese company now, not an American company,” he has said.
Another great thing about the city is that it is pretty safe; safer than China in general. Most frequent type of crime is petty theft and pick pocketing so you should still apply standard common sense when roaming the streets of the city.
In recent years, many of the casinos in Macau has shifted their prime target audience from high rollers to more balanced mix of customers including middle-class families. Which translated to more high-end shopping malls, elaborate stage shows and great restaurants for a cheap eats.
Photo by Mimihitam (Creative Commons Attribution 3.0 Unported) |
Top 5 Casinos in Macau
- The Asian experience: Galaxy
- The original: Grand Lisboa
- The connoisseur: City Of Dreams
- The big one: Venetian Macao Resort Hotel
- The boutique: Wynn Macau
Top Rated Hotel Deals in Macau - See it Now
0 comments:
Post a Comment