People are gambling. Despite the bans and restrictions that come into force every year around
the world, players take every opportunity to try their fortune. In order not to deprive the gamblers of this opportunity, but at the same time to control it as much as possible, were created gambling zones.
What is a gambling zone?
A gambling zone is a specially designated area, part of which is allocated for gambling complexes. Their activities are strictly regulated by law: gambling zones are often the only place in the country where gambling is allowed. Read our article about what types of gambling zones exist in the world and where the largest of them are located.
Las Vegas Gaming Area
Las Vegas, located in Nevada, is considered by many to be the “heart” of the gambling business. It ranks first in the world by number of casinos. Every year about 40 million tourists visit Las Vegas establishments.
1931 became for the state of Neva
da the year of official legalization of gambling, 10 years later the gaming history of Las Vegas was marked by the opening of the first casino called El Rancho Vegas. The casino has not survived to this day.
Since then, the number of casinos in the city has grown every year, reaching 120. If you look at the individual licensed casinos in Las Vegas, there are more than 1700 of them, and some slot machines – about 200 thousand. The largest and most famous casinos are Wynn Las Vegas, Circus Circus, Planet Hollywood, Venetian, Flamingo, Stratosphere, Bellagio, Luxor.
Tax revenues from gambling business form the basis of the city budget. However, tourists are attracted not only by casinos: they come to visit various concerts, night clubs, sports competitions, finals of beauty contests, theatrical performances.
In 2017, a tragic event took place in Las Vegas. On October 1, a country music festival called Route 91 Harves was organized in Las Vegas. At that time, a local resident, Stephen Paddock, was shot and killed in a mass shooting. He opened fire from the window of his room at the Mandalay Bay Hotel. This tragedy killed 59 people, 527 others were injured.
Gambling in Macau
Macau is the only area in China where gambling is allowed. It should be noted that the gambling business brings large contributions to the city budget – the income from it is about 70% of all tax revenue.
Gambling in Macau was allowed in 1847, but the gaming business began to develop in 115 years – in 1962. It was then that the Sociedade de Turismo e Diverses de Macau (STDM) syndicate became the owner of the monopoly rights to organize gambling.
After the expiration of the monopoly in 2002, STDM received the right to organize gambling in Macau from the operator Sociedade de Jogos de Macau, which was a subsidiary of STDM, as well as operators MGM, Galaxy Entertainment Group, Las Vegas Sands and Wynn Resorts, which plans to update the board of directors.
Currently, there are 33 gambling establishments in Macau, with a total of 850 gambling tables and 4,000 slot machines. About 30 million tourists from all over the world come to the casino annually. Among the most famous establishments are Galaxy, Grand Lisboa, The Venetian, Wynn Macau, Studio City and others.
The history of gambling business in Singapore began in 2005, when the ban on gambling was lifted, which was in force for forty years. Currently, there are two casinos in Singapore – Marina Bay Sands and Resorts World Sentosa, which began their work in 2010.
Marina Bay Sands has three 55-storey towers. On their rooftops there are indoor pools. The hotel has over 2,500 rooms. The complex also has an exhibition centre, two cinemas, a museum, shopping areas, two ice rinks and seven restaurants.
The casino complex Resorts World Sentosa is located on Sentosa Island. In addition to the casino, the complex offers its guests six hotels, ten restaurants, a shopping center, Marine Life Park and the world’s largest oceanarium, theme park Universal Studios and other cultural and entertainment facilities.
Atlantic City Gaming Area
This gaming zone is the second largest in the USA after Las Vegas. The year of opening of the first legal casino in Atlantic City, which was located in Chalfont Haddon Hall Hotel, is considered 1978.
On the east coast of the United States is located entertainment complex Borgata, which remains the most visited place in Atlantic City. Borgata includes a casino of 80 thousand square meters, which has 200 gambling tables and about 4 thousand slot machines. In addition, there is a hotel with more than 2 thousand rooms, night clubs and restaurants. Revenue of Borgata complex in 2017 amounted to $ 800 million. The second place in terms of both profitability and attendance in Atlantic City is occupied by Tropicana Casino. Its revenue for 2017 reached more than $385 million. During the year, winnings at the Tropicana online casino rose to $42.5 million, which allowed this institution to take second place and bypass the Harrah casino.
Department of Gambling Regulation of New Jersey (DGE), analyzing the financial performance, noted that the gross operating income of Atlantic City casino in 2017 increased by 22.5%.
This summer it is planned to open two new casinos: Hard Rock Hotel and Casino Atlantic City and Ocean Resort Casino.
Gambling in South Korea (Jeju)
There are several casinos in South Korea, but citizens can only play in one place – Kangwon Land. All other gambling establishments are focused on foreigners. In this case, South Korea is considered one of the most promising regions for the development of gaming business. According to the analytical data of the Association of Casinos of Korea, for the first two months of 2018 the turnover of casinos for foreigners increased by 15.9% per annum, the income was 204.78 billion Korean won ($190.7 billion).
The country’s largest casinos include Paradise Casino Walkerhill in Seoul and two in Busan – Let’s Run Park Busan Gyeongnam and Seven Luck Casino Busan Lotte Branch. Famous gambling developer Hard Rock International is developing a $5 billion Inspired complex near Incheon Airport, but the largest number of gaming complexes on Jeju Island is currently eight. Among the most popular establishments are Jeju Shinhwa World, Paradise Casino Jeju Grand, Jeju Sun. On July 8, 2018 another gaming location is scheduled to be launched on the island – Jeju Dream Tower Casino with 200 gaming tables and 400 slots.