MGM Macau
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MGM Macau
MGM Macau (; formerly known as MGM Grand Macau) is a 35-story, 600-room casino resort in Sé, Macau. Under a sub concession approved by the Macau government, the project is owned and operated as a 50–50 joint venture between MGM Resorts International and Pansy Ho, daughter of Macau casino magnate Stanley Ho. The sub-concession is one of several examples of new casino construction following the end of the government-granted monopoly held for decades by Stanley Ho. History The MGM Grand Macau was opened on 18 December 2007 at a cost of US$1.25 billion. The property was renamed to MGM Macau, as part of MGM Mirage's 2010 rebranding to MGM Resorts International. On 18 April 2011, an initial public offering was announced. Under the agreement, Pansy Ho would receive a 29 percent stake in the company, MGM China Holdings Ltd, which was created as a listing vehicle for the IPO. MGM Resorts would hold 51 percent and the public would ...
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Sé, Macau
Sé is a southeast civil parish ( pt, freguesia) in the Macau Peninsula of Macau. It is the second largest peninsular district in Macau after the civil parish of Nossa Senhora de Fátima. The parish area is named for the Igreja da Sé. This parish was one of five in the former Municipality of Macau, one of Macau's two municipalities that were abolished on 31 December 2001 by Law No. 17/2001, following the 1999 transfer of sovereignty over Macau from Portugal to China. While their administrative functions have since been removed, these parishes are still retained nominally. Its western part is the historic financial center of Macau. Praia Grande Central Business District () is in the south-central part of the district. All banks (over 20) in Macau have offices here. There are numerous quality restaurants, 4-star and 5-star hotels in this district. High-rise buildings exist on the eastern ZAPE and NAPE zone, which was reclaimed from the sea, with a ferry terminal located on the ...
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Casino Game
Games available in most casinos are commonly called casino games. In a casino game, the players gamble cash or casino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside casino for entertainment purposes like in parties or in school competitions, some on machines that simulate gambling. Categories There are three general categories of casino games: gaming machines, table games, and random number games. Gaming machines, such as slot machines and pachinko, are usually played by one player at a time and do not require the involvement of casino employees to play. Tables games, such as blackjack or craps, involve one or more players who are competing against the house (the casino itself) rather than each other. Table games are usually conducted by casino employees known as croupiers or dealers. Random number games are based upon the selection of rando ...
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Hotels In Macau
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In Jap ...
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Skyscrapers In Macau
A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-rise buildings. Historically, the term first referred to buildings with between 10 and 20 stories when these types of buildings began to be constructed in the 1880s. Skyscrapers may host offices, hotels, residential spaces, and retail spaces. One common feature of skyscrapers is having a steel frame that supports curtain walls. These curtain walls either bear on the framework below or are suspended from the framework above, rather than resting on load-bearing walls of conventional construction. Some early skyscrapers have a steel frame that enables the construction of load-bearing walls taller than of those made of reinforced concrete. Modern skyscrapers' walls are not load-bearing, and most skyscrapers are characterised by large surface ...
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Hotel Buildings Completed In 2007
A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotel rooms are usually numbered (or named in some smaller hotels and B&Bs) to allow guests to identify their room. Some boutique, high-end hotels have custom decorated rooms. Some hotels offer meals as part of a room and board arrangement. In Jap ...
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Casinos Completed In 2007
Casinos may refer to: * Casinos, Valencia, municipality in Spain * David Casinos (born 1972), Spanish Paralympian athlete * The Casinos, an American popular music group See also *Casino (other) A casino is a facility that houses and accommodates certain types of gambling activities. Casino may also refer to: Places * Casino, New South Wales, Australia ** Casino railway station, New South Wales, Australia ** The 20th-century electoral ...
{{disambiguation, surname ...
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Macau Peninsula
The Macau Peninsula is the most populous and historical part of Macau. It has an area of () and is geographically connected to Guangdong Province at the northeast through an isthmus wide. The peninsula, together with downtown Zhuhai, sits on an island separated from the continent by distributaries of the Pearl River. The Border Gate (; pt, Portas do Cerco) was built on the northern isthmus. At the south, the peninsula is connected to Taipa Island by three bridges, the Friendship Bridge (''Ponte de Amizade''); the Macau-Taipa Bridge (''Ponte Governador Nobre de Carvalho''); and the Sai Van Bridge (''Ponte de Sai Van''). The longest axis extends from the Border Gate to the southwestern edge, Barra (媽閣嘴). There is a western "Inner Harbor" (內港) paralleled by an "Outer Harbor" (外港) to the east. The Guia Hill (松山) is the highest point on the peninsula, which has an average elevation of . Many coastal places are reclaimed from the sea. The Historic Centre ...
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Resorts In Macau
A resort (North American English) is a self-contained commercial establishment that tries to provide most of a vacationer's wants, such as food, drink, swimming, lodging, sports, entertainment, and shopping, on the premises. The term ''resort'' may be used for a hotel property that provides an array of amenities, typically including entertainment and recreational activities. A hotel is frequently a central feature of a resort, such as the Grand Hotel at Mackinac Island, Michigan. Some resorts are also condominium complexes that are timeshares or owned fractionally or wholly owned condominium. A resort is not always a commercial establishment operated by a single company, but in the late 20th century, that sort of facility became more common. In British English, "resort" means a town which people visit for holidays and days out which usually contains hotels at which such holidaymakers stay. Examples would include Blackpool and Brighton. Destination resort A destinat ...
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Casinos In Macau
Gambling in Macau has been legal since the 1850s when the Portuguese government legalised the activity in the autonomous colony. Since then, Macau has become known worldwide as the "Gambling capital of the world" or "Monte Carlo of the East". Gambling tourism is Macau's biggest source of revenue, making up about 50% of the economy. Visitors are largely from mainland China and Hong Kong. With the entry of large foreign casinos from Las Vegas and Australia, Macau overtook the Las Vegas Strip in gambling revenues in 2007. Until Western-style casino games were introduced in the 20th century, only Chinese games were played, the most popular being Fan-Tan. Generally, gambling in Macau can be divided into one of four categories: casino games, greyhound racing, sports betting, and lotteries. At the present time, Macau does not license online gambling operations. Macau, a special administrative region like Hong Kong, is the only place in China where casinos are legal, and the bu ...
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Wynn Macau
Wynn Macau () is a luxury hotel and casino resort in the Macau Special Administrative Region of the People's Republic of China with two towers containing a total of 1,008 rooms and suites, approximately of casino space, over of retail space, eight casual and fine dining restaurants, two spas, a salon and a pool. Wynn Macau is operated by international resort developer Wynn Resorts. Wynn Macau opened on 6 September 2006 and its second tower, Encore, opened on 21 April 2010. History Wynn Macau opened to the public on 6 September 2006. In December 2007, Wynn Macau completed an expansion, adding more gaming space and additional food and beverage and retail shops. In 2009, Wynn Macau became one of only five hotels in Asia to receive the Forbes Five-Star award. In 2016, Wynn Macau became the only resort worldwide with eight independent Forbes Five-Star awards, a title it currently holds. Second Tower Expansion On 21 April 2010, the company opened Encore at Wynn Macau, an a ...
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Slot Machine
A slot machine (American English), fruit machine (British English) or poker machine (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. Slot machines are also known pejoratively as one-armed bandits because of the large mechanical levers affixed to the sides of early mechanical machines and the games' ability to empty players' pockets and wallets as thieves would. A slot machine's standard layout features a screen displaying three or more reels that "spin" when the game is activated. Some modern slot machines still include a lever as a skeuomorphic design trait to trigger play. However, the mechanics of early machines have been superseded by random number generators, and most are now operated using buttons and touchscreens. Slot machines include one or more currency detectors that validate the form of payment, whether coin, cash, voucher, or token. The machine pays out according to the pattern of symbols display ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subse ...
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