While online casinos such as agen joker123 are keeping up with these huge gambling destinations all over the world, the top gambling destination in Asia that has equaled Las Vegas in Nevada is Macau.
Gambling in Asia has gone worldwide even with their counterpart in online gambling. More and more people are noticing these changes and are slowly embracing the economic progress in Asia.
A Closer Look At Macau
In 1850, Gambling became legal in Macau to boost the region’s economy. There were originally 200 Chinese Gambling Houses established. Each of these houses paid the government a percentage of its earnings in the form of licensing fees and taxes. It was not long when a group of businessmen monopolized all the gambling activities in Macau. In 1962, Macau began drawing international attention due to its huge gambling dens.
Macau Has Gone Global
The casino monopoly ended in 2002 and opened new doors to new casino owners such as the Galaxy Entertainment Group, Las Vegas Sands, and Wynn Resorts.
With the first megaresort casinos introduced in Macau, its landscape has entirely changed. Gambling skyscrapers were built such as The Sands Macao that merged a 229,000 sqft casino and hotel of 289 suites.
The choice of Macau to go global had invited aggressive bids from prospective investors. Obviously, the top gambling businesses of Las Vegas were among the eager bidders to position their casino businesses in the midst of growing Asian establishments. As a result, commenced the largest and the most costly structure projects in the history of the casino industry.
The Expansion of Macau
At only 11.6 sq km (in 1912), Macau now has a total land area of almost 30 sq km. This is due to the land expansion projects that connects Macau to the surrounding small islands such as Taipa and Coloane. This also permitted the expansion of big casino complexes. Among the first to settle in the Macau Skyline is The Sands Macao.
Prominent investors in Macau went all in as inspired by tried and tested casino structures in Las Vegas. Thus the city has boomed with the establishment of the Las Vegas Sands, Asian islands, and The Venetian casinos. These structures have broken the record and have become global legends in casino history.
Macau has grown to be ‘Las Vegas of Asia’ or ‘Monte Carlo of the East’ because of its rising reputation as a gambling haven and with numerous casinos from the heart of Las Vegas. However, the commonalities end there.
In terms of income, Macau has gone giant and dwarfed the earnings of Nevada as records shown in 2010. As developers keep on developing Macau being the most luxurious gambling getaway on a global scale, a vibrant future is waiting for investors, guests, as well as its local residents.