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Posted : admin On 4/15/2022Gambling laws in the U.S. are incredibly complex, those abroad have even more twists and loops. China, a country with strong anti-gambling sentiments, is beginning to crack down on many of its businesses. Namely, casinos.
China Casino Guide CHINA'S GAMBLING PARADISE: MACAU. Macau casinos are distinct for their peaceful atmosphere. By 2009, Macau Casinos are expected to pull in more than US$5 billion annually - more than Las Vegas. Macau resorts, hotels and casinos are quickly becoming some of the main Macau attractions. Online Casino In China, placement slot, adam khoo casino, latest casino bonuses no deposit bonus. Try China Shores slot online for free in demo mode with no download and no registration required and read the game's review before playing for real money. Return to player.
China Plans On Casino Restrictions
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Macau officials have recently announced plans to make legislative changes regarding gambling, including measures that would restrict access to gambling licenses and increase vetting for casino operators.
Additionally, the Macau government has announced that they want to increase local shareholdings in the casinos.
As of now, Macau is the only region in China eligible to host gambling operations and casino owners must already navigate the country’s strict laws. Even so, gambling has remained one of the main sources of revenue for the area.
What the Legislation Means For Macau
In light of China’s recent announcements, stock value for each of the city’s biggest casinos has plunged dramatically. Over $18 billion was lost in market value. The news of this massive sell-off has created a flurry of panic among investors and government officials in the area.
Macau has announced a 45-day public consultation in which new gambling regulations will be outlined and decided on. However, some fear that it could lead to an all-out collapse of China’s gambling industry.
While this action is being made in hopes of expanding non-gambling-related businesses, another restrictive ruling might hurt Macau more than it helps.
Frankly, Macau is already in a financially vulnerable position due to COVID lockdowns throughout the past year. Another hit to their economy could be devastating.
Even so, business analyst Vitaly Umansky assures that gamers should hold on to hope as these casinos are working together with government officials on this issue. He adds:
“Our view remains that the six operators here today will be here tomorrow.”
This public consultation period is set to begin on September 15th.
A Note of Caution For U.S. Bettors
These swift changes to gambling laws in China should serve as a lesson to every single gambler and bettor. Legislation is always subject to change. What might have been okay last month, might become completely illegal next week.
While the above statement may be considered an extreme way of putting it, the claim rings true. Domestic betting is beneficial in several ways. But offshore betting offers a sense of stability that can’t be promised by domestic operators.
With years of experience and minimal government intervention on their side, reputable offshore gambling is the most secure option for avid bettors. Our website offers dozens of resources for playing with legal online casinos.
Source: Forbes
CHINA'S GAMBLING PARADISE : MACAU
Macau casinos are distinct for their peaceful atmosphere. By 2009, Macau Casinos are expected to pull in more than US$5 billion annually - more than Las Vegas. Macau resorts, hotels and casinos are quickly becoming some of the main Macau attractions.
Triad involvement in Macau casinos makes a serious social impact on the local area. Gambling being legal in Macau, Casinos offer great entertainment to the connoisseurs.
For four decades, the city's economy has been dominated by Hong Kong tycoon Stanley Ho, octogenarian owner of the Lisboa and 15 other Macau casinos.
The first thing many people notice about Macau China is how clean it is. I heard recently that Macau Casinos have overtaken Las Vegas as the gambling capital of the world.
Almost all Macau casinos open 24 hours. Wynn Casino is one of the new casinos in Macau. Macau is already the biggest single gambling market in the world.
While most Macau casinos cram as many baccarat and other gaming tables as possible into their available space, Wynn gives his customers room to breathe. (Casino Girls)
What is different between the Macau casinos and Las Vegas casinos is the glitzy atmosphere. Macau's casinos are geared to Asian gamblers, so most tables are dedicated to baccarat, fan-tan, and Asian dice games.
Shiny surfaces, machine jingles, alarm bells, bustling restaurants and high-end fashion boutiques fill the new-Macau casinos.
Macau's casinos offer the Largest variety of casino games anywhere in the world, combining both established western favorites with popular eastern games.
Macau's casinos are just 60km west of Hong Kong, and they attract Hong Kong gamblers -- who have no casinos at home -- in droves. Till recently, billionaire Stanley Ho, who runs the Lisboa Casino, has had a monopoly in the relatively autonomous Chinese protectorate.
GAMBLING ON THE ISLAND OF MACAU
The Island of Macau is located about 60 kilometers south of Hong Kong. It is very famous for its casinos and gambling atmosphere, so let us take a look at some of the different casinos in the area so you can decide where you want to go if you are planning to visit the area any time soon.
Casa Real Casino and Hotel: This facility proudly boasts 123 different slot machines, and 53 gaming tables.
Within the 6 VIP rooms, you will also be able to find 18 more gambling tables. Several different games are offered here. This casino is located within a four-star hotel that offers many different amenities, and is great for guests of all sorts.
Casino Macau Palace: Though not much information is available on this particular casino, you are free to gamble 24 hours a day.
There are 12 different tables for you to play a variety of table games, and there are 51 different slot machines for your slots enjoyment.
Jai Alai Casino: Slightly larger than the previous casino, you can play at 208 different slot machines, and across 59 different gaming tables no matter what time of day or night it is! Not much information is offered on this particular establishment, but this is certainly enough to let you know that it is worth checking out.
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Hotel Casino Lisboa: This casino is located inside a very large hotel. It offers a wide variety of games, and 24 hour gambling with ID and/or passport.
With 107 different slot machines, and 159 tables, you are sure to have plenty to do to keep you busy. If you love blackjack or roulette, you are sure to love this place!
Kingsway Hotel Casino: This casino is also located inside a hotel, and is much smaller than some of the others mentioned.
Gaming time is from Noon to 4AM, or 16 hours a day. There are a very small amount of slot machines and tables available, though more of the attraction to this particular establishment lies in the hotel and the amenities it offers rather than the casino.
It is very evident that The Island of Macau offers plenty of casinos and lots of gambling fun. While it is a pretty far trek from the United States, it is certainly worth it if you are a casino lover. Try some of them out and tell us what you think!
THE BEST OF BOTH WORLDS IN MACAU
Macau is the fast expanding Las Vegas of the Far East with massive glitzy casinos and luxury hotels, (casino resorts) yet the destination offers more than gambling alone. Historical sites, after all a large portion of the country’s land mass have been declared a UNESCO world heritage site. The contrast between old baroque style Portuguese buildings and the mysticism of Chinese temples is awe inspiring.
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Add to this melee a modern cosmopolitan city with bustling shopping malls stocked with designer brands and sandy beaches with beautiful people. Macau not only offers the whole package it delivers it as well tourists are spoilt for choice when it comes to choosing what to do on their holiday and conversely it appeals to wider section of travelers. (Greatest Online Casinos)
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Macau boasts of plenty of good restaurants that offer excellent food ranging from western to oriental. The local cuisine of Macau is also an eclectic mix of Portuguese, native Macanese cooking and traditional Chinese cuisine. A number of up market restaurants can be found throughout the island while wayside eateries are located near popular tourist attractions and market areas. (Casino Guide)
Nightlife and shopping are two very vibrant aspects of the city, recent developments in the tourism sector has made Macau the place to be for entertainment in East Asia. Nightlife can range from traditional Portuguese dancing, live bands, high profile artists and discos depending on where you choose to go.
The numerous bars, clubs and casinos provide ample entertainment to tourists. Shopping Macau is all about luxury, large malls and exclusive department stores have a number of luxury goods on offer. The famous Grand Canal Shoppes is a Venice inspired shopping mall that has actual canals, gondolas and reproductions of Venetian landmarks while also offering a wide array of shops. (online casino betting)
There are a number of Macau hotels that are on par with the very best in the world; they offer luxury accommodation to travelers. A luxury hotel in Macau is that is among the best of its class is The Venetian Macau resort hotel that offers the epitome of luxury living; this hotel is testament to the class and the quality of the hospitality trade in Macau.