New Casinos in Macau
Dubbed the Las Vegas of the East, Macau has some of the most prominent gambling hubs on the planet. It is widely recognized for hotel-casino complexes, unlike mainland China where land-based casinos are prohibited. Despite the banning of online gambling in Macau, new casino sites from abroad continue to accept Macau players. Foreign-run platforms provide equal opportunities for all gamblers across the board. So, how has gambling evolved over the years in this Chinese administrative region?
Here's an overview of Macau's gambling laws, the present gambling scene, future projections, favorite games, and payment methods for players from Macau.
History of Gambling in Macau
The densely populated peninsula has seen steady growth in the casino industry over the last twenty years since the Chinese government legalized land-based gambling in this region. Gambling in Macau dates back to 1850 when it was still a Portuguese colony. Macau residents used to play Chinese games such as Fan-Tan. China took over in 1999, and in 2001, the government stopped Stanley Ho's gambling monopoly (Ho was a billionaire from Hong Kong). Then freedom prevailed, making Macau the world's gambling capital.
Gambling Nowadays in Macau
A type of poker featuring an electronic table was invented in 2007. In 2008, the Macau government issued the official guidelines for poker games such as Texas Hold 'em. For the first time, casino players were able to play live-dealer table games that same year. Macau reached its gambling revenue peak in 2013, but tough times followed as Beijing needed to strengthen the anti-corruption regime. As a result, most casinos would focus on high-rollers who had access to VIP rooms. High-stake games became so popular in Macau that they attracted unwanted aliens who were associated with money laundering.
Over 300 new online casino sites were closed by the government between 2016 and 2018. The sites had illegally incorporated the name Macau into their branding. In 2020 an estimated $7.61 billion was generated by a total of 41 casinos. However, local authorities restricted gambling hubs to curb the spread of Covid-19. Today, the best casinos in Macau operate under multinational companies that have contributed to the massive development of casino resort complexes. The primary forms of gambling today are lotteries, sports betting, greyhound racing, and casino games.
Future of New Casinos in Macau
China's previous move of tightening its grip on Macau's gambling market has discouraged high-rollers from playing land-based casino games. Moreover, government intervention has scared away land-based casino investors. Besides supervising casino brands, authorities want to have a stake in casino operations. This is meant to reduce illegal currency flows and money laundering in Macau. Consequently, Macau punters are left with the option to forego offline gambling and go to online offshore casino sites that do not always conform with local laws. Luckily, many operators have opened new casinos online to allow Macau players to enjoy gaming and betting.
The future of gambling in Macau is in the new casino websites where crypto games give gamblers a more convenient way to keep their identity confidential. Macau's new casino platforms accepting cryptocurrency will eliminate the setbacks associated with fiat money betting. Bitcoin, Ethereum, and other altcoins make depositing and withdrawals much smoother, unlike the sometimes slow experience of typical banking.
Virtual reality is the next big thing in new casino online gaming for Macau players. VR games facilitate a unique experience of being in a casino without leaving the confines of one's comfort. Macau players should also get ready for more immersive I-slots that are engineered explicitly for online betting. I-slots combine typical spinning with adventure.
Are Casinos Legal in Macau?
Gambling in Macau runs under four laws: General Gaming Law 16/2001, Electronic Gaming Machines Regulation 16/2012, International Gaming Tender Regulation 26/2001, and Instant Lottery Law 12/87/M. As of 2020, these regulations bar any form of licensing for new online casinos in Macau. According to Article 4 of Macau's Gaming Law 16/2001, online gambling is distinct from land-based casino hubs. Since new casino sites within Macau are not regulated, they cannot obtain a license; hence they are deemed illegal. Nevertheless, no legislation mentions online gambling. This gives the residents the freedom to bet online without breaking any law.
The government does not prohibit internet service providers from allowing users to access new casino sites from overseas. So, no casino site has been blocked so far. Generous promotions of foreign casinos entice many punters from Macau. Though China holds power over the Philippines, licensed operators from this country continue to serve Chinese and Macau players. In most cases, European regulators do not stipulate where their licenses should or shouldn't operate, so Macau gamblers can also play at casinos licensed in Europe. Even though players from Macau cannot count on consumer protection from their government, they are assured of online safety by reputable regulatory bodies.
Macau Players' Favorite Games
Macau players have numerous choices as far as new casino online games are concerned. Modern betting platforms provide live dealer games round the clock. Dozens of games such as Dragon Tiger, Sic Bo, baccarat, and blackjack are accessible from one website. Most of the newest releases by Realtime Gaming distribute titles from RTGAsia to attract more Asian punters. For instance, the latest RTG slot features an Asian theme in addition to irresistible bonus programs that have never been seen before on western slot machines.
Macau gamers enjoy such new casino games as Three Kingdom Wars (San Guo Zheng Ba) and Shanghai Nights, that trigger bonus rounds. One of the high RTP games with low volatility that is popular among Macau players is Treasure Tombs. Caribbean Stud poker, Pai Gow, and Fan-Tan are equally famous.
Casino Payment Methods in Macau
New online casino sites targeting Macau strive to give the most secure and straightforward payment options. They accept MasterCard and Visa, but more efficient alternatives such as cryptocurrency, ecoPayz, Neteller, and Skrill exist. Direct bank transfers are also available. The options differ between casinos, where country-specific methods are more preferred.
Most overseas casinos accept USD, EUR, GBP, AUD, CAD, NZD, NOK, and SEK. Very few can take MOP (Macanese pataca). This shouldn't be an issue because banking providers can convert MOP into an acceptable currency, although an exchange fee might apply. Customers should use the FAQ sections and customer support buttons for any questions about deposits and withdrawals.
New casinos accepting Macau Pataca
Are you ready to experience the thrill of iGaming? Look no further than the vibrant city of Macau, known as the 'Vegas of the East'. With a fresh wave of modern and sophisticated casino sites taking the city by storm, there has never been a better time to explore this goldmine of a destination.
The best part about these new casinos? They're designed with new players in mind and gladly welcome the local currency, the Macanese pataca. No more navigating tricky currency exchanges or worrying about hidden fees. With a hassle-free gaming environment, you can focus on what really matters - the excitement of the game.
If you're wondering where to start your iGaming journey, look no further than CasinoRank's toplist of the best new casinos in Macau. Their expertly curated list factors in-game variety, security, and ease of transactions, ensuring that you can confidently enjoy a seamless gaming experience.
So what are you waiting for? Immerse yourself in the rich cultural ambiance of Macau and discover the cutting-edge technology of their state-of-the-art casinos. With CasinoRank's guidance, you can embark on a thrilling gaming adventure unlike any other.
About the author
Chloe "LuckyLass" O'Sullivan, with her Irish charm, has an uncanny ability to spot the rising stars in the casino universe. As a core writer for NewCasinoRank, she delves deep into new platforms, ensuring readers get the first glimpse of tomorrow's top casinos today.