What is a Gambling Zone?
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. Or you can just visit the online resource where you can choose any casino in one place.
Las Vegas Gambling Zone
Las Vegas, located in Nevada, is considered by many to be the “heart” of gambling. It ranks first in the number of casinos in the world. Every year Las Vegas places are visited by about 40 million tourists.
1931 was the year of official legalization of gambling for the state of Nevada, 10 years later the gambling history of Las Vegas was marked by the opening of the first casino called El Rancho Vegas. The institution has not survived to the present day.
Since then, the number of casinos in the city has grown every year, reaching 120. If we consider the individual licensed casinos of Las Vegas, there are more than 1700, and individual 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 constitute the basis of the city budget. However, tourists are attracted not only by casinos: they come to visit various concerts, Nightclubs, sports competitions, finals of beauty contests, theatrical performances.
Gambling in Macau
Macau is the only territory 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 profits.
Gambling on the territory of Macau was allowed in 1847, but the gambling business began to develop 115 years later – in 1962. It was then that the syndicate Sociedade de Turismo e Diverses de Macau (STDM)became the owner of the monopoly rights to organize gambling.
After STDM’s monopoly expired in 2002, the operator Sociedade de Jogos de Macau, which was a subsidiary of STDM, and the operators MGM, Galaxy Entertainment Group, Las Vegas Sands and Wynn Resorts, which plans to join the Board of Directors, acquired the right to organize gambling in Macau.
At the moment, there are 33 gambling establishments in Macau, in which a total of 850 gambling tables and 4 thousand slot machines are located. About 30 million tourists coming from all over the world become clients of the casino every year. Among the most famous institutions are Galaxy, Grand Lisboa, The Venetian, Wynn Macau, Studio City, etc.
The history of gambling in Singapore began in 2005, when the ban on gambling, which has been in force for forty years, was lifted. Currently, there are two casinos legally operating in Singapore – Marina Bay Sands and Resorts World Sentosa, which began operations in 2010.
Marina Bay Sands is three 55-storey towers. On their roofs there are indoor swimming pools. The hotel includes more than 2.5 thousand rooms. The complex also houses an exhibition center, two cinemas, a Museum, retail space, two ice rinks and seven restaurants.
Resorts World Sentosa is a casino complex located on Sentosa island. In addition to the casino, the complex offers six hotels, ten restaurants, a shopping center, Marine Life Park and the world’s largest aquarium, Universal Studios theme Park and other cultural and entertainment facilities.
Atlantic City Gambling Zone
This gambling zone is the second largest in the United States after Las Vegas. The opening year of the first legal casino in Atlantic city, which was located in Chalfont Haddon Hall Hotel, is 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 with an area of 80 thousand square meters, which houses 200 gambling tables and about 4 thousand slot machines. In addition, on the territory of the complex there is a hotel with more than 2 thousand rooms, night clubs, restaurants. Borgata’s revenue in 2017 was up to $800 million, with Tropicana casino in second place for both profitability and attendance in Atlantic city. His income for the year 2017 has reached more than $385 million For the year, the winnings in the online casino Tropicana rose to $42.5 million, which allowed this institution to take second place and bypass the casino Harrah.
The new Jersey division of gambling regulation (DGE), analyzing financial indicators, noted that the gross profit from the operating activities of Atlantic city casinos in 2017 increased by 22.5%.
In the summer of this year is planned the opening of two new casinos: Hard Rock Hotel and Casino Atlantic City and Ocean Resort Casino.
Gambling in South Korea (Jeju)
In South Korea, there are several casinos, but citizens of the country can play only in one institution-Kangwon Land. All other gambling establishments are aimed at foreigners. At the same time, South Korea is considered one of the most promising regions for the development of gambling. According to the analytical data of the casino Association of Korea, in the first two months of 2018, the turnover of casinos for foreigners increased by 15.9% per annum, revenue amounted to 204.78 billion Korean won ($190.7 billion).
Among the country’s largest casinos are Paradise Casino Walkerhill, located in Seoul, and two casinos in Busan – Let’s Run Park Busan Gyeongnam and Seven Luck Casino Busan Lotte Branch. The famous gambling developer Hard Rock International is in the area of Incheon airport developing a large-scale complex Inspired worth $5 billion. However, most of the gambling complexes on Jeju island – at the moment there are eight. Among the most popular establishments are Jeju Shinhwa World, Paradise Casino Jeju Grand, Jeju Sun. On July 8, 2018, it is planned to launch another gambling location on the island – Jeju Dream Tower Casino with 200 gaming tables and 400 slots.