CASINO IN MACAU CITY
This casino game "Gambling in Macau" has been legal since the 1850's when the Portuguese government legalized the activity in the colony. Since then, Macau has become known worldwide as the "Monte Carlo of the Orient", and gambling has become a significant part of the city's economy. Until Western-style casino games were introduced in the 20th century, only Chinese games were played, the most popular being fantan. Now, with all the casinos built in the territory including a few number of new ones opening up soon, Macau is also known as the Asian Las Vegas.Gambling in Macau plays an important role in the economy of the city. Many Hong Kong and mainland tourists like gambling there. Few local people in Macau visit casinos, though. Generally, gambling in Macau can be divided into three different categories: casino games (eg: VIP High Roller Casino, Roulette Casino), horse racing and greyhound racing. There is also sports betting and a number of lotteries. At the present time, Macau does not license online gaming operations.
Macau has twenty-eight casinos, of which the biggest is the The Venetian Macau. They all operate under a government franchise and under a common set of rules.
Many forms of casino gambling are legal there, such as blackjack, baccarat, roulette, boule, Sic bo, Fan-Tan, keno and slot machines. The most popular game by far is baccarat with VIP high-roller baccarat generating more than 70% of total gaming revenue in 2004. Poker was introduced only in August 2007, in an electronic table format at Galaxy Starworld casino.
Gambling has been legal in Macau for a long time beginning in 1851 where there was a licensing system for gambling houses until 1863. Beginning in 1934, casinos' ownership and operation was centralized where through private negotiations, some franchises monopolized the operation right of all casinos.