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- Macao, the world’s casino capital, had 41 casinos as of 2019. In 2019, the city generated gross revenue of 36.7 billion U.S. Dollars from gaming and gambling. As the only part of China where.
- The Venetian Macao (Chinese: 澳門威尼斯人) is a luxury hotel and casino resort in Macau owned by the American Las Vegas Sands company. The Venetian is a 39-story, casino hotel on the Cotai Strip in Macau. The 10,500,000-square-foot (980,000 m 2) Venetian Macao is modeled on its sister casino resort The Venetian Las Vegas.
Galaxy Entertainment Group and Sands China Ltd. Rose more than 4% in Hong Kong on Tuesday, leading gains on the Hang Seng Index. Was up as much as 16%, set for its best day since 2011. Casinos, bingo parlors, and the best and worst bettors in the world—great stories about gambling. The improbable story of how Macau become the biggest player in the casino universe. The largest casino in Asia. Although Macau has far fewer tables and casinos than Las Vegas, it has five of the top ten largest casinos in the world with the number two spot taken by The Venetian which was the first to open and the largest occupying a total of 546,000 square feet, over 4,000 gaming tables and an indoor arena that can host up to.
| The Venetian Macao 澳門威尼斯人 | |
|---|---|
| Location | Macau |
| Address | Cotai Strip |
| Opening date | 28 August 2007; 13 years ago |
| Theme | Venice, Italy |
| No. of rooms | 3,000 |
| Total gaming space | 550,000 sq ft (51,000 m2) |
| Signature attractions | Cotai Arena |
| Casino type | Land-based |
| Owner | Las Vegas Sands |
| Architect | Aedas and HKS, Inc. |
| Website | Venetian Macao |
| The Venetian Macao | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 澳門威尼斯人 | ||||||||||
| Simplified Chinese | 澳门威尼斯人 | ||||||||||
| |||||||||||
The Venetian Macao (Chinese: 澳門威尼斯人) is a luxury hotel and casinoresort in Macau owned by the American Las Vegas Sands company. The Venetian is a 39-story,[1] casino hotel on the Cotai Strip in Macau. The 10,500,000-square-foot (980,000 m2) Venetian Macao is modeled on its sister casino resort The Venetian Las Vegas. The Venetian Macao is the 2nd largest casino in the world, the largest single structure hotel building in Asia, and also the seventh-largest building in the world by floor area.
The main hotel tower was finished in July 2007 and the resort officially opened on 28 August 2007.[2] The resort has 3,000 suites, 1,200,000 sq ft (110,000 m2) of convention space, 1,600,000 sq ft (150,000 m2) of retail, 550,000 square feet (51,000 m2) of casino space – with 3,400 slot machines and 800 gambling tables and the 15,000-seat Cotai Arena for entertainment and sports events.
The lead architect for the Venetian Macao were Aedas and HKS, Inc. joint venture, who were responsible for the design, coordination and implementation of the project on site.[3]
Casino[edit]
The casino measures 546,000 sq ft (50,700 m2).[4] It is further divided into four themed gaming areas—namely, Golden Fish, Imperial House, Red Dragon and Phoenix. The casino consists of over 6,000 slot machines and 800 gambling tables.
The hotel offers a club called Paiza Club which caters to premium guests. The club comes with its own entrance, lobby, reception, and guest lifts to the rooms. The gaming area of the Paiza Club is divided into individual private gaming rooms each named for notable Asian cities and regions such as Yunnan, Guangzhou, Hong Kong, Singapore and Kuala Lumpur.The guests of the club have exclusive access to the club dining outlet, the Paiza Club Dining & Lounge, which is open 24 hours a day.
Design[edit]
The hotel uses Venice, Italy, as its design inspiration and features architectural replicas of various Venetian landmarks.
Accommodation[edit]
The hotel tower offers 2,905 suites. The accommodation floors go from level 7 up to level 38. These floors are served by guest lifts.
Paiza suites are reserved for premium guests. The largest is the Presidente, a 12-bay suite with four bedrooms.
Entertainment[edit]
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The Cotai Arena (formerly known as the Venetian Arena) is an indoor arena, opened in 2007 with a seating capacity of 15,000. It hosts sporting events such as basketball, tennis, and boxing, as well as concerts and international televised awards shows.
Zaia[edit]
Zaia, a 90-minute stage production by the Canadian entertainment company Cirque du Soleil, ran between 27 August 2008 and 19 February 2012 in a custom-built theater at the Venetian Macao. The show, directed by Neilson Vignola and Gilles Maheu, featured a cast of 75 circus artists.[5] The show's theme was a young girl's perception of the stars and planets, space and infinity, populated by otherworldly creatures. The theater housing the performance seated 1,800 spectators at a time.[6]
Controversies[edit]
On 12 November 2008, the gates were locked to the construction labour force from a variety of Asian countries as projects were suspended. Hsin Chong, the project manager for the Venetian, laid off approximately 400 staff. As many workers had been there for less than two years, no severance was due. The next day, Sands' president for Asia announced that up to 11,000 workers would be losing their jobs as the company was halting building projects in Macao.[7]
In 2010 the Chinese press reported that as part of a 'sex-trade crackdown' authorities had found more than 100 prostitutes inside the casino.[8]
In early 2011 the United States Department of Justice and the U.S. Securities and Exchange Commission initiated an investigation into the Las Vegas Sands Corporation with respect to the compliance of its Macao properties with the Foreign Corrupt Practices Act.[8]
See also[edit]
- Cotai Jet – owned by The Venetian Macao, operating high speed Catamaran ferry services between Taipa Temporary Ferry Terminal and Hong Kong-Macau Ferry Terminal, Hong Kong
References[edit]
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- ^'The Venetian'. Emporis.com. Retrieved 23 June 2014.
- ^'Venetian Macao press release'. Phx.corporate-ir.net. 27 August 2007. Retrieved 29 January 2012.
- ^'case study'(PDF). gillespieuk.co.uk.
- ^'Top-10 Largest Casinos'. Casino City Times. 10 December 2007.
- ^'The first permanent Cirque du Soleil show in Asia celebrates its world premiere on August 28 at the Venetian Macao-Resort-Hotel – Written and directed by Gilles Maheu'. Cirque du Soleil – Press Release. Retrieved 8 February 2011.
- ^'Zaia: The Show – Theater'. Cirque du Soleil. Retrieved 8 February 2011.
- ^'Up to 11,000 Macau workers to lose jobs'. The Standard. Archived from the original on 3 February 2009.
- ^ abBrian Ross (27 January 2012), 'Bribes, Chinese Mob Ties Alleged at Casino of Gingrich Money Man'. ABC News.
External links[edit]
| Wikimedia Commons has media related to The Venetian Macao. |
Coordinates: 22°8′55″N113°33′38″E / 22.14861°N 113.56056°E
This list of the ten largest casino companies in the world is ranked by their revenue, but many of these companies are not exclusively casino and gambling companies, some of them invest in other things and are always trying to innovate and predict the future of gambling. That is why this list will often change year on year. This list is proudly brought to you by Roulette77 simulator which is the perfect start for anyone looking to enjoy a quick game of Roulette. Much like these ten companies on this list…
10 – Paddy Power (Ireland) – $3.78 Billion
These days Paddy Power and Betfair are the same things, the two formed in 2016 and have gone on to be Ireland’s biggest gambling powerhouse.
9 – Melco Crown Entertainment (China) – $3.97 Billion
They have been pretty much in charge of the gambling scene in Macau since 2003 and have gone on to become a global success in pretty much all they do.
8 – Wynn Resorts (USA) – $4.1 Billion
Wynn Resorts make paradise locations and if there just so happens to be a nice gambling location near there, then it is probably theirs.
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7 – Genting (Malaysia) – $4.6 Billion
This super powerful Malaysian conglomerate has over 41 years of experience in the casino industry and when they back a winning location, it pretty much always wins.
6 – Caesars Entertainment (USA) – $4.7 Billion
Many people (including myself) would have predicted this to be number one. After all, they own and operates over 50 casinos and hotels, but barely make a scratch in this list.
5 – William Hill (UK) – $5.17 Billion
William Hill was gambling way back in 1934 when it was illegal to gamble! Yes, this was once a criminal mastermind company, now of course gone legit.
4 – SJM Holdings (China) – $6.34 Billion
Once upon a time SJM Holdings held the monopoly on Macau’s gambling industry and was said to have owned 95% of all the casinos!
3 – Galaxy Entertainment Group (China) – $6.6 Billion
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Galaxy Entertainment Group is another group that own and run a lot of casinos in Macau, but they also own many other things all over the world.
2 – MGM Resorts (USA) – $9.2 Billion
A company that makes gambling a vacation choice rather than a lifestyle one. Sure they have a lot of casinos on their books, but also a lot of hotels and resorts. (plus quite a few golf courses.)
1 – Las Vegas Sands (USA) – $11.69 Billion
The home of gambling, so, of course, they are the biggest company. But with more and more people turning to online gambling, this is a company that will only get smaller and smaller unless they invest heavily in online gambling. Which of course, they do anyway. But for how much longer can they hold this number one spot? Only time will tell.