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Gambling In Macau
Gambling in Macau, a special administrative region of China, is the only place in China where casinos are legal. Gambling has been legal since the 1850s when the Portuguese government legalised the activity in the autonomous colony. After the handover of Macau from Portugal to China, Macau and the business has grown at an astounding pace since 2001, when the government ended the four-decade gambling monopoly of the Hong Kong billionaire Stanley Ho. With the entry of large foreign casinos from Las Vegas and Australia, Macau overtook the Las Vegas Strip in gambling revenues in 2007. Since then, Macau has become known worldwide as the "gambling capital of the world", grossing the highest amount of gambling/gaming revenue and greatly dwarfing all the other gambling centers/cities. 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. History In an attempt to generate revenues ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Minnesota Press
The University of Minnesota Press is a university press that is part of the University of Minnesota. It had annual revenues of just over $8 million in fiscal year 2018. Founded in 1925, the University of Minnesota Press is best known for its books in social theory and cultural theory, critical theory, race and ethnic studies, urbanism, feminist criticism, and media studies. The University of Minnesota Press also publishes a significant number of translations of major works of European and Latin American thought and scholarship, as well as a diverse list of works on the cultural and natural heritage of the state and the upper Midwest region. Journals The University of Minnesota Press's catalog of academic journals totals thirteen publications: *''Buildings & Landscapes: Journal of the Vernacular Architecture Forum'' *''Critical Ethnic Studies'' *'' Cultural Critique'' *''Environment, Space, Place'' *'' Future Anterior'' *''Journal of American Indian Education'' *'' Mechademia: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outer Harbour Ferry Terminal, Macau
The Outer Harbour Ferry Terminal (; ), also known as the ''Macau Maritime Ferry Terminal'', ''Macau Ferry Terminal'' or ''Hong Kong-Macau Ferry Pier'' in Chinese (), is a ferry terminal located at Porto Exterior, Sé, Macau, China. History The pier was formerly located near present-day Oceanus Casino, ex-New Yaohan Store on Avenida da Amizade. In 1993, the terminal was relocated to its present location. A new terminal was completed in 2017 for the convenience of travellers of Macau International Airport near Taipa. From 1948 to 1961, Macau Air Transport Company operated seaplane service to Hong Kong from the terminal. Facilities It provides ferry services to Hong Kong. The terminal provides 12 berths for hydrofoils and 2 for ferries. The pier features a heliport, providing an alternative to TurboJET. The terminal building is a two-storey structure with arrivals on the lower level and departures on the upper level. On the outside is a helipad and 6 boat docks (facing the e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sands Macau
Sands Macao () is a hotel and casino resort located in Sé, Macau, SAR - China. It is owned and operated by the Las Vegas Sands Corporation, and was designed by Steelman Partners, LLP. It comprises a casino, and a 289-suite hotel. Las Vegas Sands chairman Sheldon Adelson has said that his company will soon be a mainly Chinese enterprise, and that Las Vegas should be called "America's Macau". The president and chief operating officer of Las Vegas Sands Corporation predicted on February 12, 2007 that Macau's gaming revenue has topped that of the Las Vegas Strip The Las Vegas Strip is a stretch of Las Vegas Boulevard in Clark County, Nevada, that is known for its concentration of resort hotels and casinos. The Strip, as it is known, is about long, and is immediately south of the Las Vegas city limits ... and will more than double again by 2010. History The casino opened on May 18, 2004 at a cost of $240 million. All of the mortgage bonds that were issued to finance con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Melco Resorts & Entertainment
Melco Resorts & Entertainment Limited is a developer, owner and operator of integrated resorts with entertainment and casino gaming facilities in Asia and Europe. Based in Hong Kong, the company is listed on the NASDAQ. Originally known as Melco Crown Entertainment (Melco Crown or MPEL), Melco Resorts was founded in 2004 as a joint venture between Melco International and Crown Limited. Melco Crown became Melco Resorts & Entertainment in May 2017 and currently operates as a subsidiary of Melco International. Melco Resorts owns a number of integrated casino resorts, having launched Altira Macau in 2007, City of Dreams Macau in 2009, City of Dreams Manila in 2015, Studio City Macau in 2015, City of Dreams Mediterranean in 2021, the largest casino-resort in Europe and City of Dreams Sri Lanka in 2024. It also operates the Mocha Clubs slot machine brand. History Founding as Melco Crown Entertainment (2004-2015) In 2004, Melco International Development Limited partnered with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pansy Ho Chiu-king
Pansy Catalina Ho Chiu-king (; born 26 August 1962) is a Hong Kong billionaire businesswoman who is the daughter of Macau businessman Stanley Ho, and the managing director of various companies he founded, including Shun Tak Holdings. Pansy has major interests in two of the six casino licence-holders in Macau. She was named 25th on Forbes’ list of Hong Kong’s 50 richest people in 2021 with an estimated fortune of HK$31.8 billion (US$4.1 billion), and the 2nd richest woman in Hong Kong. Early life and education Pansy Ho was born on 26 August 1962, the eldest of five children of Stanley Ho and Lucina Laam King Ying. She has three sisters, one brother and twelve half-siblings. Her second sister Daisy is the Chairman of SJM Holdings, her third sister Josie is a singer, and her brother Lawrence is also a businessman. She attended an all-girls high school Castilleja School in Palo Alto, California and went on to attend Santa Clara University, graduating with a bachelor's d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MGM Mirage
MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gaming (lodging, food, retail) revenue began to outpace gaming receipts and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gaming industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real es ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galaxy Entertainment
Galaxy Entertainment Group (GEG; ) is a company that owns and operates hotels and casinos in Macau through its subsidiary, Galaxy Casino S.A. History The company, known formerly as K. Wah Construction Materials, disposed of its construction material business and became the only Hong Kong-listed company to hold an operating license in Macao in 2005 by acquiring a 97.9% stake in Galaxy Casino SA. The deal was described as akin to "a snake trying to swallow an elephant". Galaxy and Venetian Macao had originally planned to run their gaming license in Macao jointly, but the two had since split and decided to run their gaming business separately. In February 2020 the company confirmed it had withdrawn from its bidding in Osaka and would instead focus on other licenses in Japan, including Yokohama among others. After its Macau casinos were closed that month for the COVID-19 outbreak as well as other casinos, the company said it would return to full capacity only after guest demand had i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Las Vegas Sands
Las Vegas Sands Corp. is an American casino and resort company with corporate headquarters in Las Vegas, Nevada, United States. It was founded by Sheldon Adelson, Sheldon G. Adelson and his partners out of the Sands Hotel and Casino on the Las Vegas Strip. The Sands was demolished and redeveloped as The Venetian Las Vegas, The Venetian, opening in 1999. An adjacent resort, The Palazzo, opened in 2007. Both resorts were sold in 2022. The company holds several resorts in Asia, including Marina Bay Sands in Singapore, which opened in 2010. Through its majority-owned subsidiary Sands China, the company owns several properties in Macau, including Sands Macao, The Londoner Macao, The Venetian Macao, and The Parisian Macao. As of 2020, it is the third-largest casino company worldwide by revenue. History Development on the Las Vegas Strip Entrepreneur Sheldon Adelson, Sheldon G. Adelson and his partners Richard Katzeff, Irwin Chafetz, Ted Cutler, and Jordan Shapiro bought the Sands H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wynn Resorts
Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada, that is a developer and operator of high-end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn and is now run by CEO Craig Billings. , the company has developed six properties. History In 2000, Steve Wynn agreed to sell Mirage Resorts to MGM Grand Inc., MGM Grand, after having led Mirage and its predecessors since 1973. Wynn laid the foundation for his next venture that same year, buying the Desert Inn for $270 million. Wynn found an early partner in Japanese billionaire Kazuo Okada of Universal Entertainment Corporation. Wynn, together with Universal subsidiary Aruze USA, controlled almost half the stock, making it harder for outside investors to exert control, as they had done at Mirage in response to Wynn's prolific spending. Wynn hired investment banker Ronald Kramer (business), Ronald Kramer as president and director in 2002 in order to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
