Tuesday, 24 April 2012

5 Biggest Casinos of the World

The Venetian Macao
The Venetian Macao is a hotel and casino resort in Macau owned by the Las Vegas Sands corporation. The Venetian is a 40-story, $2.4 billion anchor for the 7 hotels on the Cotai Strip in Macau. This 10,500,000-square-foot monster is sixth largest building and largest casino of the world.The casino measures 550,000 sq ft (51,000 m2). It is further divided into 4 themed gaming areas namely Golden Fish, Imperial House, Red Dragon and Phoenix. The casino consists of over 3400 slot machines and 800 gambling tables.
The Venetian Macao has also been involved in number of controversies.In 2010 the Chinese press reported that as part of a “sex-trade crackdown” authorities had found more than 100 prostitutes inside the casino. Also in early 2011 the United States Department of Justice and the Securities Exchange Commission initiated an investigation into the Las Vegas Sands Corporation with respect to the compliance of its Macao properties with the Foreign Corrupt Practices Act.

City of Dreams Resort
This James Packer (an Australian Billionaire) owned casino is second largest casino of the world. The resort, located across the street from the Venetian on the Cotai Strip, covers an area of 420,000 sq. ft. and has an 520 tables for poker games, 1,350 gaming machines, 14 restaurants and bars along with 1,400 hotel rooms in three different hotels. It features a breathtaking multi-media show called the House of Dancing Water and The Dragon’s Treasure.
Foxwoods Resort Casino

Founded in 1986 as a bingo hall , Foxwoods Resort Casino is third largest casino of the world. The entire resort comprises 4,700,000 sq ft (440,000 m2) of space. The casino has over 380 gaming tables and also has the most slot machines of any casino in the world,numbering 6,300. Slot machines at Foxwoods pay out roughly 91.5% of the money that gamblers bet.In the fiscal year ending June 2008, Foxwoods’ slots handled over $9.1 billion. 25% of slot revenue is given to the State of Connecticut.
Casino Ponte 16
Ponte 16 was the first fisherman’s port, resplendent in the colonial architecture of the day, a hub of diverse cultural influences. In the mid 1900s, Chinese triads and gangs moved in and the area became known for gambling. The Inner Harbor reigned as the city’s economic center up until the 1970s, when commercial activities began to decline with the relocation of the Hong Kong – Macau Ferry Terminal (Wikipedia)
MGM Grand Macao
The MGM Grand Macau was opened in December 2007 at a cost of US$1.25 billion.The property includes a convention space of 1,452 m2 (15,630 sq ft), including The Grand Ballroom of 807 square metre for business meetings, social events and weddings; and partner with Six Senses Spa to have a space of 2,720 square metre that includes 12 treatment areas.MGM Macau also features a number of restaurant outlets, bars, and lounges. There are 12 food and beverage outlets in total.

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