SEAsiaReview:Macau SEAsiaReview:Macau
workers, which often serve within the terms of gaming revenue and looks set to anniversary of Macau’s return to Chinese Thenumberof monopoly concession for casino game
tourist and gaming sectors. put China on the map as the world’s sovereignty. These events are expected to importedlabour operation and the company began to
Macau:Chinesecauldron
second-largest global gaming jurisdiction drive further growth and development in standsatarecord operate its casino from the Central Hotel
It has thriving textile, financial, after the US. Macau. high(Q22008)of and then Victoria Cinema and as such
electronics and toy industries and a 98,505,which rejuvenated the industry into a ‘real’
notable tourist industry and is one of the Since 1999 there has been a huge increase GAMBLINGBACKGROUND representsmore business.
International operators may have only recently awakened the world to the
richest cities in the world. in the number of visitors since Beijing Macau’s gaming history can be traced thanaquarterofthe
gaming phenomenon that is Macau, but in Chinese terms, it’s still early days
eased its travel restrictions on Chinese back to the 16th century when Macau labourforcein In 1937, the gaming industry underwent
Macau is ranked 21st in terms of tourist tourists from dozens of cities, coupled first opened its harbour to visitors and Macau. some changes and the government passed
Essentially Macau has changed from a Macauisthemost islands of Taipa and Coloane, which are arrivals and saw more than 27 million with the liberalisation of the gaming construction workers emigrating from the a decree law to integrate different games.
sleepy Portuguese fishing village to an denselypopulated both connected together by an area of visitors in 2007 compared to just 9.1 industry in 2001. mainland.
over populated, subtropical, totally urban, regionintheworld land reclaimed from the sea now known million back in 2000. More than 55 per The casino monopoly concession was
neon lit peninsula on the edge of China. witharound95per as Cotai. The two islands are joined to cent of arrivals are from mainland China, However, due to the thriving tourist sector At the time there was no regulation and granted to the Tai Heng Company who
centChineseand Macau peninsula by three bridges. whilst another 30 per cent arrive from and new casino resorts opening, there are gambling stalls were set up in the streets converted the New Central Hotel into its
And just as Vegas evolved from the anothertwopercent Hong Kong. Hong Kong is only 37 miles now labour shortages and the and were often operated by bankers flagship casino and introduced baccarat
desert, Macau has recently emerged from Macanese(anethnic Macau is generally made up of flat terrain away and less than one hour on the ferry. government has had to import labour themselves. and new western style games.
the sea as one of the top gambling groupofmixed with a dense urban environment and no from neighbouring regions.
destinations in the world. Chinese/Portuguese arable land, pastures or woodlands. There Macau is justifiably known as the City of When Hong Kong’s sovereignty was In 1961, before the Tai Heng monopoly
descent). are, however, breathtakingly beautiful Culture with its museums, sculptures and The number of imported labour stands at handed to the British in 1842, Macau’s had expired, the governor at the time,
Macau was originally an island, but a sandy beaches, whilst the two islands architecture attracting many tourists. a record high (Q2 2008) of 98,505, which importance as a trading port was replaced Marques, decided to liberalise gaming and
connecting sandbar in the 17th century offer a more tranquil setting than the city. However, as the only place in China represents more than a quarter of the by Hong Kong and in a bid to generate opened the market for public bidding.
gradually turned it into a narrow strip of where casinos are legal, Macau labour force in Macau. revenue the Macau Portuguese
land connecting it to the Guangdong Macau is the most densely populated predominantly known as Oriental Las government legalised gaming in 1847. Two companies entered the bid – Tai
province of China in the north and region in the world with around 95 per Vegas or the Monte Carlo of the Orient. Meanwhile, 2009 will see four major Heng and a new company set up by a
therefore changed Macau into a cent Chinese and another two per cent events for the country. In the political However, at the time only Chinese games group of Hong Kong and Macau
peninsula. Macanese (an ethnic group of mixed The gaming, tourism and hospitality arena, Macau will see the election of a (Fan-tan) were played and the businessmen called Sociedade de Turismo
Chinese/Portuguese descent). industry is estimated to contribute more new Chief Executive and the election of a government introduced a licensing system e Diversoes de Macau (STDM). The
The South China Sea surrounds Macau to than 40 per cent of Macau’s GDP and 70 new legislative assembly (end July) whilst for the 200 or so Fan-tan (gambling) monopoly right to all forms of gambling
the east and south and on the west the It has one of the lowest birth rates in the per cent of Macau’s government revenue. the country will also celebrate the 60th houses which began to open. (including some lotteries) was won by
Zijiang (West River) separates it from world and relies heavily on immigrants anniversary of the establishment of the STDM.
1 mainland China. Macau also includes the from mainland China and overseas The region has overtaken Las Vegas in People’s Republic of China and the 10th In 1930, the Hou Heng Company won the
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