The economy of Macau has remained one of the most open in the world since its handover to China in 1999. Apparel exports and gambling-related tourism are mainstays of the economy. Since Macau has little arable land and few natural resources, it depends on mainland China for most of its food, fresh water, and energy imports. Japan and Hong Kong are the main suppliers of raw materials and capital goods. Although Macau was hit hard by the 1997–98 Asian financial crisis and the early 2000s recession, its economy grew approximately 13.1% annually on average between 2001 and 2006. Macau is a full Member of the World Trade Organization. Public security has greatly improved after handover to the People's Republic of China. With the tax revenue from the profitable gambling industry, the Macau government is able to introduce the social welfare program of 15 years of free education to all Macau citizens. In 2015, Macau's economy saw a sharp decrease due to the reduced spending by visitors from Mainland China since the Anti-corruption campaign under Xi Jinping.
Gambling in Macau has been legal since the 1850s when the Portuguese government legalised the activity in the autonomous colony. Since then, Macau has become known worldwide as the "Gambling capital of the world". It is the only place in China where casino gambling is legal.
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos, and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today, the market is worth around $40 billion globally each year, according to various estimates.
In the United States, gambling is subject to a variety of legal restrictions. In 2008, gambling activities generated gross revenues of $92.27 billion in the United States.
Gaming law is the set of rules and regulations that apply to the gaming or gambling industry. Gaming law is not a branch of law in the traditional sense but rather is a collection of several areas of law that include criminal law, regulatory law, constitutional law, administrative law, company law, contract law, and in some jurisdictions, competition law. At common law, gambling requires consideration, chance and prize, legal terms that must be analyzed by gaming lawyers within the context of any gaming operation.
Mobile gambling refers to playing games of chance or skill for money by using a remote device such as a tablet computer, smartphone or a mobile phone with a wireless internet connection. Over a hundred mobile casinos were operating as of December 2013, with most of the big casino operators in gambling now providing a mobile platform for their player base.
Gambling in India varies by state; states in India are entitled to formulate their own laws for gambling activities. Some states like Goa have legalised casinos. Common gambling activities like organized betting are restricted except for selective categories including lottery and horse racing.
Bet365 is a British gambling company founded in 2000. Its product offering includes sports betting, online casino, online poker, and online bingo. Business operations are conducted from its headquarters in Stoke-on-Trent, alongside a satellite office in Malta. It was founded by Denise Coates, who remains the majority shareholder and joint-chief executive, alongside her brother John Coates.
Gambling in Pennsylvania includes casino gambling, the Pennsylvania Lottery, horse racing, bingo, and small games of chance conducted by nonprofit organizations and taverns under limited circumstances. Although casino gaming has been legal for less than two decades, Pennsylvania is second only to Nevada in commercial casino revenues.
InterCasino established the first online casino in 1996 and is part of the InterCasino Group, which is owned and operated by CryptoLogic Operations Ltd, a subsidiary of Goldstar Acquisitionco Inc. Registered in Malta, it is regulated by the Lotteries & Gaming Authority of Malta.
Gambling in New Jersey includes casino gambling in Atlantic City, the New Jersey Lottery, horse racing, off-track betting, charity gambling, amusement games, and social gambling. New Jersey's gambling laws are among the least restrictive in the United States. In 2013, the state began to allow in-state online gambling. Five years later, the state won a lawsuit that dismantled Nevada's monopoly on legal sports betting.
I. Nelson Rose is an internationally known author and public speaker, and is recognized as one of the world's leading experts on gambling and gaming law. He is currently a Professor Emeritus at Whittier College and a Visiting Professor at the University of Macau. Rose is best known for his internationally syndicated column and 1986 book, Gambling and the Law. To further educate and inform on the subject, he also maintains a comprehensive website, "Gambling and the Law," which can be found at www.gamblingandthelaw.com.
Gambling in Italy has existed for centuries and has taken on many forms. Its dates back to the days of the Roman Empire, when the predecessor of the modern game of backgammon, Ludus Duodecim Scriptorum, became popular among Roman legionnaires. It is also due to them that the game came to other European countries.
Legal forms of gambling in the U.S. state of North Carolina include the North Carolina Education Lottery, three Indian casinos, charitable bingo and raffles, and low-stakes "beach bingo". North Carolina has long resisted expansion of gambling, owing to its conservative Bible Belt culture.
Gambling in Taiwan is prohibited by the Criminal Code of the Republic of China. State-run lotteries, like the Uniform Invoice lottery, are the only legal form of gambling on mainland Taiwan. The construction of casinos on some off-shore islands was legalized in 2009, though to date none have been built. Some gambling-style games are allowed either on special days or under special restricted circumstances.
Gambling has been present in the Philippines since at least the sixteenth century. Various legal and illegal forms of gambling are found almost all over the archipelago. The government manages gambling through the Philippine Amusement and Gaming Corporation (PAGCOR) a state-owned enterprise which both operates a number of individual casinos and in turn acts as a regulator to privately owned casino operators. Since 2016 PAGCOR has also granted operating licenses and overseen the regulation of growing online gambling sector serving offshore markets. Casino gambling and integrated resorts have become a key component of the Philippines appeal as a tourist destination with more than twenty casinos found in Metro Manila alone.
Prostitution is legal in Macau unlike in mainland China, because the city is a special administrative region of the country. However, operating a brothel and procuring are both illegal in Macau, with the latter punishable by a maximum jail sentence of 8 years. Street prostitution is illegal but sex work in a massage parlor is considered to be de facto legal. The city has a large sex trade despite there being no official red-light district. In addition to street prostitution, prostitutes work in low-rent buildings, massage parlours and illegal brothels, and the casinos, nightclubs, saunas and some of the larger hotels. Most hotels, however, have suspected prostitutes removed from the premises. Many of the city's sidewalks and underpasses are littered with prostitutes' calling cards.
Legal forms of gambling in the U.S. state of Massachusetts include casinos, sports betting, parimutuel wagering on horse racing, the Massachusetts Lottery, and charitable gaming. The Massachusetts Gaming Commission regulates commercial operations under state jurisdiction.
Gambling in Nigeria is not well regulated. Although there is a gambling law in place, many illegal casinos operate in the country. The legal land-based casinos are located in the two largest cities. The biggest casino is The Federal Palace Hotel in Lagos. Nigerian law focuses on activities to reduce money laundering and illegal gambling.
Gambling in Vietnam is illegal and has been for centuries. A late 1940s travelogue notes that merchants kept bowls of dice at their stalls to engage in gambling with their customers when “housewives would routinely bet on the days their horoscope was fortunate", which means that on slightly more than fifty percent of such occasions they return home empty-handed and with the housekeeping money gone."
