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Macau’s Slot Machine BoomThe Chinese have fought for years to battle a national obsession with gambling, and with slot machines and gambling being legal in Macau – they are finding that many of the players are from China. They have tried everything to help their people overcome their obsession with any thing related to slot machines and gambling, but they have been unsuccessful. After 442 years of Portuguese rule, Macau is now part of China’s administrative region. By law, only those with a special permit or with an actual residence in Macau can work in the slot machine casinos. Needless to say this has helped employment on Macau tremendously. With all of the hotels now coming on to the Cotai Strip, there will be plenty of places for people to stay to play Macau’s slot machines and gambling tables, which will presumably add enough to their slot machine and gambling revenue that they have been seeing that they are poised to pass Las Vegas in revenue. The true beginner and king of slot machines and gambling in Macau is none other than Stanley Ho, whose company SJM opened the flagship Casino Lisboa in 1970. This was the beginning of 24/7 slot machines and gaming in Asia and has earned Dr. Ho legendary status. The other slot machine giants are Sheldon Adelson of Las Vegas Sands and Steve Wynn – both of whom insults each other, but secretly need each other to do well so that they see their bottom lines increasing all the time as well.
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