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The "Mirror Sea" - Macau China

Summary

  • Macau is best known for its casinos and hotels.
  • Macau's revenue come from tourists, which has make over 8 billion dollar in the year 2007.
  • Macau was under Portuguese control since 1557; however, it was giving back to China in 1999.
  • Like Hong Kong, China was agreed to let Macau economic to stay intact for at least fifty years.
  • Before 1999, Macau was not able to attract tourist because of local gangs fight to control territory on the island.
  • Since the year of 1999, China invested over 20 billion dollars into Macau.

Macau road

A little history of Macau...

If you ever step foot into Macau, do not think how small the city is but how much you can win. That's right. Macau is best known for its hotels and casinos.

In 2006, Macau surpassed Las Vegas as the gambling capital of the world. With over 8 billion dollars in revenue in 2007, Macau again exceeded Vegas revenue which only has 6 billion.

Macau was under Portuguese control since 1557. After 1999, it was giving back to the Chinese government but under some conditions. Sorry, I do not know all of the conditions; however, the one of the important condition was that China has to guarantee that the economic system in Macau will remain the same for the next fifty years.

The majority of Macau economic is relying on tourist, but Macau was not doing so great before 1999. The problem was due to the gangs on the island. The land was constantly getting attack by the local gangs fight for control, which in turn, scared away the visitors.

In the year of 1999, when Chinese government taken over, they were invested over 20 billion dollar in casinos and hotel on the island. As result, the number of tourist boost to 25 millions in the year of 2007, which increased well over 15 million of visitors since 1999. Because of this investment, Macau was able to had about 25 casinos and hotels combine.

As you try to find Macau on the map, you might not miss it but then again it's only consisting of a peninsula and two islands. Macau locates very close to Hong Kong.

You may ask if Hong Kong locate so close to Macau, why they do not have any casinos. The reason is that when British occupied Hong Kong, they forbidden gambling on their land. However, gamblers can do anything as they please in Macau.

<<< Leaving Macau China and return to China Facts

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