10 of the world’s largest casinos and extra

Casino is a place where people earn and lose entire fortunes, but some gambling complexes are more worthy of their lady luck temple status than others. Most often, these casinos are part of larger resorts that include hotels, restaurants and entertainment complexes. In the same ranking of the largest casinos in the world takes into account only the area where the actual gambling takes place.

Borgata Casino in Atlantic City

Borgata Casino in Atlantic City

Atlantic City has long been known as America’s favorite gambling site and one of the most prominent resort cities in the Northeastern United States. While the entire complex is quite extensive and includes numerous restaurants, nightclubs and the largest hotel in New Jersey (main tower with 2,002 rooms), the casino itself occupies 80,000 square meters, has 4,000 coins and 200 gaming tables. Not only is Borgata impressive in scale, it is also really well managed, as it is the most lucrative casino in the city and one of the best in the United States.

Lisboa Casino

Lisboa Casino

The largest casino in Europe is located in the least expected of places: the Portuguese capital Lisbon, on the shores of the Atlantic. Casino Lisboa is run by a company owned by Hong Kong billionaire Stanley Ho, who also owns Casino Lisboa in Macau. The entire playing area is 82,000 square meters with 1,000 slot machines and 26 poker tables. There are also seven restaurants and bars as well as approximately 1,000 hotel rooms.

MGM Grand in Las Vegas

MGM Grand in Las Vegas

It is impossible to make a list of the biggest casinos in the world and not to include casinos from Sin City. In this case, this is MGM Grand from Las Vegas. Located on the famous Las Vegas Strip, it is not only a huge casino on 85,500 square meters, but also the second largest hotel in the world with a number of rooms of 6,852. With over 2,500 slot machines and 139 tables, in addition to a modern betting area, the MGM Grand in Las Vegas is one of the best places in the world for those who want to try their luck. Other entertainment venues are also present, including the world-famous Hakkasan Nightclub.

MGM Macau

MGM Macau

Macau MGM (formerly known as MGM Grand Macau) was opened in late 2007 and is one of many huge casinos based in this rich city. As other facilities on this list, it is also part of a vast entertainment complex that includes a hotel, numerous restaurants and a conference centre. The casino covers 110,000 square meters and two floors around the magnificent Grande Rgas, a huge shopping center right at the base of the hotel.

Sands Macao Casino

Sands Macao Casino

Another big casino in Macau. Opened in 2004, Sands Macao was the first Las Vegas style casino in this popular city for players. Since then, it has been one of the main sources of wealth for its owner, the American billionaire Sheldon Adelson, one of the wealthiest people in the world. The casino underwent a process of expansion and renovation a few years ago, which increased its area by almost 50%.

Rio Casino Resort in South Africa

Rio Casino Resort in South Africa

The Rio Casino Resort (formerly known as Tusk Rio Casino Resort) is the largest casino in Africa and the southern hemisphere. Situated in the humble South African town of Clerksdorp, the casino has a gaming area of 130,000 square metres, in addition to 70 rooms at the Metcourt Hotel. As his name suggests, the casino is inspired by the famous Carnival in Rio and provides guests with numerous entertainment options, in addition to all kinds of gambling.

Ponte 16 Casino in Macau

Ponte 16 Casino in Macau

Located in the Macau Harbour area (historic city centre), Ponte 16 is a world-class resort consisting of a five-star hotel, casino and the first and only Michael Jackson Gallery in Asia. The casino covers an area of 135,000 square meters with 109 gaming tables, 307 coin-operated machines and 2 VIP rooms. Its attractive design is inspired by Macau’s unique cultural heritage, with European (mainly Portuguese) style mixed with traditional Chinese elements.

Foxwoods Resorts Casino

Foxwoods Resorts Casino

Foxwoods Casino is located in Mashantuket, Connecticut, on the Indian reservation of Pecuot. One of the largest entertainment complexes in North America, the resort includes six casinos, four hotels and several restaurants, including a Hard Rock Cafe. The casinos themselves cover an area of 172,000 square meters, with over 380 slot tables and 6,300 slot machines.

City of Dreams in Macau

You’ve probably realized by now that Macau is one of the best cities for gambling enthusiasts. Dream City is one of the largest casinos in the world with a total gaming area of 210,000 square meters, 450 gambling tables, and 1,514 slot machines. The casino is in good company, as it is part of the Grand Hyatt Macau and Hard Rock Hotel.

Venetian Macao Casino

Venetian Macao Casino

So, the biggest casino in the world is also in Macau.

Modelled in the image of Venetian Las Vegas, the Macau casino is much more than just a simple copy. Opened in 2007 on the Kotai Strip of Macau, it is a stunningly large casino not only the largest of its kind, but also the seventh largest building in the world in terms of floor space. More than half of the 275,000 square meter area is a gaming zone with 3,400 coin-operated machines and 800 gaming tables, while CotaiArena with 15,000 seats is an excellent venue for all kinds of events, from boxing, basketball and tennis matches to shows and concerts.

Optional:

And here are the most unusual casinos in Europe:

London, UK – Crockfords Casino

Crockfords Casino

Crockfords is a London casino located next to Crockford’s Gentlemen’s Club. The peculiarity of the facility is that the guest must be a member of the club to get into this gaming house.

Founded by William Crockford in 1828, this exclusive gaming club still carries the tradition of impeccable gaming and luxurious facilities with fine food and drink. Crockfords has plenty of entertainment for all tastes, and the ground floor of the building contains rooms for VIP players.

The Crockfords Casino is open from 12 a.m. to 6 a.m. from Monday to Sunday.

Madrid, Spain – Casino de Madrid

Casino de Madrid

Casino de Madrid is located at 15 Alcala Street in Madrid, the Spanish capital. Since the casino’s opening in 1836, the richest people in the country have gathered here. However, over time, the owners of the casino organized here a quite democratic poker club.

Nowadays Casino de Madrid offers 12 magnificent halls where you can play poker, roulette and blackjack. There are also non-game activities in the casino: sauna, sports club, pool, reading room, bars and restaurants.

Officially, the Casino de Madrid is open to members only. To receive the card, the visitor must pay a fee of 7 thousand euros. Recently, however, the owners of the casino have become more loyal to customers, and now almost anyone can get here by prior arrangement with the administration of the institution.

Berlin, Germany – Casino Spielbank Berlin

Casino Spielbank Berlin

The famous Spielbank Berlin casino is located in the theatre’s basement on the famous Potsdamer Platz and offers its guests a gambling experience in four rooms with different designs and games: Casino Leger, Las Vegas, Casino Royal and Bingo.

At Spielbank Berlin you can enjoy roulette, classic card games and bingo, as well as try your luck at the most modern slot machines.

At the moment, the gambling house is the largest in Germany. Since opening Spielbank Berlin has been visited by more than 20 million people. Interestingly, every year Spielbank Berlin hosts the famous Berlin Film Festival.

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Hambling is one of the tools for developing the British economy – part 2

Part 1

The other side of the medal: are there too many bookmakers?

A modern British bookmaker’s company

According to the Gambling Commission of the United Kingdom, there are 8502 betting points in the territory of the United Kingdom, and the percentage of citizens who took part in gambling last year is 63%. And it’s the government’s fault.

Until 2015 it was possible to turn buildings on the main streets into betting points without a permit. Now the first thing to do is to get consent. However, this step was taken too late, because the impoverished main streets are already dominated by betting offices.

“In Bradford one third of the population aged 16 to 64 are unemployed and those who have a job receive on average £476 per week. There are 62 betting shops within the city, making Bradford the sixth most profitable local area for the betting industry outside London,” Nell Lewis, Guardian, 2017.

Where is their place on the dying high streets?

Small business owners need a quick and decisive transition to using their services. If they don’t, they’re in danger of disappearing.

British Flag 3

According to available data, the main streets are now dotted with charity shops and bookmaker’s offices.

Bookmakers have displaced a large number of independent retailers, for whom the commercial tax has been too high.

However, after Philip Hammond’s budget announcement, the tax rate will be tripled by at least two years.

According to Michelle Owens, director of Small Business Saturday, the information about the marginal tax rate was welcomed by small business owners with whom she spoke as part of her election campaign.

The influence of bookmakers on the welfare of central streets

Back in 2016, British politicians began to focus on the prevalence of betting offices on the main streets of Britain. But there was a reason for that. The basis for the location of betting offices on the main streets of Britain laid the Prime Minister Harold McMillan back in 1960.

The Gambling and Betting Act 1960 was aimed at regulating and legalizing the gaming industry by moving them from underground to central streets.

It was more of a “lesser of two evils” psychology. Before that, gaming was illegal except at hippodromes, where bets had to be placed on locations. Eight years after the law was passed, there were already 15,000 betting points in the UK.

Unhappy main streets = betting offices

The “Richter Scale of Welfare” report by the Royal Society for Public Health was used to determine the level of welfare of shops and companies.

The list of criteria for determining the level of disadvantage included the availability of pre-wage credit facilities, bookmakers’ offices, solariums and fast food restaurants. Welfare indicators – availability of pubs and bars, libraries and museums, pharmacies and leisure centres.

Grimsby has been named Britain’s most troubled central street. Shops are often closed, fast food outlets, charity shops and, as you might think, betting shops prevail.

Sports equipment

Customer base expansion

PwC’s A2017 report showed that the average UK online gambling client belongs to a different generation than bookmaker clients: younger and more educated.

It is clear from the report that the online gambling industry continues to expand and attract a much wider audience. Some argue that this makes it worth investing in the online gambling industry.

What small and medium businesses should learn from online gambling?

  • Availability: Online gaming brands have worked hard to make their technology product available through mobile devices.
    Whichever product or service the company sells, your customers are far more likely to stay on your site if it is downloaded instantly, and if your services are easily accessible online.
  • Customer incentive mechanisms: Many online gambling brands do not charge new users. Moreover, they stimulate players with various rewards, such as an increasing number of free games.
    The same applies to your business. This includes free subscriptions to newsletters that contain important information about your sector, etc.
    It is incredibly important for physical retailers to connect your online website to the physical store. You can do this with pop-ups and more.
  • Free Access: Especially if you work in the gaming industry, refusing the initial subscription fee can increase user traffic and interaction on your site. This approach can be applied even if you are working in a different industry.

Whether it’s a purchase gift (if you’re an independent retailer) or a similar action in an online format, you’re sure to get even more customers who will leave more money in your store.

Extra:

British online casino operators have softened the terms of receiving winnings

Two virtual gambling house operators and a developer of their own platforms for gambling websites in the UK went to soften the rules for withdrawing winnings from online casinos. Jumpman Gaming and Progress Play have removed restrictions on withdrawals from customer gaming accounts and removed the practice of blocking accounts in the event of expiration of the time limits set for verification of user profiles.

Jumpman Gaming and Progress Play amended the rules after consultation with the Competition and Markets Authority (CMA). Previously, the CMA announced that it had launched audits of online casino sites to identify virtual institutions whose administration prevents the free withdrawal of customer-owned funds. In March 2018, written notifications were sent to all licensed online casinos in the UK on the need to remove obstacles to withdrawals by players.

These include wins and winnings under the casino’s vagina conditions of bonus funds, which are subject to maximum withdrawal limits on bank cards and players’ electronic wallets. Online casinos restrict cash withdrawals from user accounts to certain periods (limits on withdrawals per day, week, month, etc.) in order for players to return to sites with gambling entertainment and make new bets on slot machines, board and card games.

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Hambling is one of the tools for developing the British economy – part 1

There is no denying the fact that the UK gaming industry has changed beyond recognition over the last 20 years.

During this period there has been a major market expansion, partly due to a technological breakthrough, as well as major legislative changes. Today, it is clear that, in a time of economic instability in the UK, it is the sector where the state is kept in a context of strong development and profit.

But this has not always been the case. Let us look at some of the key milestones of the past two decades. Let us also look a little ahead to consider potential changes that may already be looming on the horizon.

The Gambling Act 2005

The last important legislative act on gambling was passed in 1845, when according to the law on gambling bets were declared illegal.

RED and BLACK

This is hard to believe, but over the next 150 years no significant changes have occurred. Then, after Alan Budd’s report in 2001, the British government decided to introduce a new liberalized regulatory regime to revive the gambling market.

The Gambling Act was passed in 2005 to update outdated legislation. As part of the radical changes, local authorities were to be responsible for granting gaming licences. Thus, the industry regulator, the Gambling Commission of Great Britain, was created.

The aims of the law:

  • to ensure that gaming ceased to be a source of crime and disorder, was not associated with or used to support criminal activity;
  • to ensure that gambling is fair and open;
  • to protect children and other vulnerable individuals from the harmful effects of gembling.

Among the more controversial changes was permission to license up to eight so-called super casinos throughout the UK. Many opponents of the bill felt that such a move would encourage people to go gambling, so Parliament compromised: the number of such establishments was reduced to one, which was planned to be built in Manchester. However, after Tony Blair resigned as Prime Minister, the plan was slowly wiped out.

The Gambling Act 2005 was considered far-sighted as it also covered online gambling, which was in its infancy at the time, and established it within the same jurisdiction as the popular forms of gambling at the time.

The development of online gambling

Despite the slow start, the popularity of this type of gambling has increased exponentially in recent years, as digital technology continues to meet consumer expectations. Today, online gambling generates more than a third of the gambling industry’s revenue and is the largest sector of one type of gambling, according to the UK Gambling Commission.

If you play online casino games on a regular basis, you are unlikely to be surprised by this information. As well as offering you the opportunity to play your favourite slots in the comfort of your own home, online casinos are more exciting than ever today. High quality graphics, audio and video are all appealing to gamers. Some of the players now even prefer online gaming to the real experience of going to a gambling establishment.

This progress is based on technology. Higher bandwidth and wireless connectivity meant these games could be played from almost anywhere, at any time of day or night.

Average download speeds for local fixed broadband connections

Analitic

It also paved the way for one of the most popular phenomena of online gambling – live casinos. They bring players together with real dealers in real time. This way, gamers get the casino experience without leaving their own living room or any other place. All you need is any gadget. In addition, players are able to communicate with each other via a headset, just as they would in a land-based casino.

Lead players of the online segment

Due to the fact that today there are a large number of online casinos, you can easily forget that in the beginning there were only a few brands, smart enough to experiment with virtual gambling.

Many operators who stood at the origins were left behind, but others, such as Casino-on-Net, succeeded. This young company was founded in 1997, but in the near future it has become one of the most successful and recognisable brands of gaming – supplemented by a number of exciting slots, classic casino games and live options.

clock building

The growing popularity of online casinos, which attracts more and more players in the market, has helped move to the next revolutionary piece of legislation – the law on gambling (licensing and advertising) in 2014. This introduced a court order that all operators, wherever they are located, must have a licence to operate in the UK in order to be eligible to operate in the country and advertise their services.

Gambling policy

There are opinions that the gambling industry as a whole has been allowed too much over the past 20 years, and it is time to get things back on track. Over the past few weeks, the topic of fixed betting terminals (FOBTs) has become a sensation, received wide media coverage and even led to the resignation of a minister. These terminals are reportedly generating too much profit for betting companies, with the betting limit now at £100.

The government has committed to reducing it to £2 by autumn 2018, but the move has been postponed until 2019. Tracy Crouch, a Conservative MP, was so outraged by the postponement that she announced her resignation as minister.

On the other side of the political barricades, the Labour Party promised that if they came to power, it would ban any advertising of the gemblings on television during the match in question, impose a mandatory tax of 1% on any profits from the gemblings and a ban on credit card payments.

Bridge skyline building

The gambling industry, which has generated £13.9 billion in profits between 2017 and 2018, has a very strong administrative resource, so these changes are questionable. The fact that gaming is such a popular pastime means that public support for these measures may be limited.
A view of prosperity in the future

One thing’s for sure: the gambling market never stops developing. As the sector’s profit is expected to reach $525 billion by 2023, the industry is expected to grow by 4% annually.

So, despite the fact that a lot has been done in the last two decades, there seems to be still a lot to look forward to. And with this level of industry activity, there may be no limit to its development and achievements.

Part 2

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