Gambling in Macau (or Macao) was legalized in 1850, under Portuguese rule, and since that time it has been known as the “Monte Carlo of the Orient.” Both foreign and domestic corporations have invested heavily in Macau casinos, and tourists frequently visit them from Hong Kong and the mainland of the People’s Republic of China. In fact, gambling and tourism are the chief sources of income in Macau.
There are a number of casinos in Macau, all operating under government rules and regulations, and most are open 24 hours a day. Games at Macau casinos include blackjack, roulette, boule, sic bo, Fan-Tan, keno, and the very popular game of baccarat. The largest of the Macau casinos is the Casino Lisboa, a four-story complex originally built in the early 1970’s, by a Stanley Ho company. The Casino Lisboa in downtown Macau has been enlarged to a total of 927 rooms and another extension is planned to meet the competition of the adjacent Wynn Macau, owned by Steve Wynn of Las Vegas.
In comparison, the Floating Palace, located on a barge about a five-minute walk from the ferry terminal, is the smallest Macau casino. The second deck has six baccarat...
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