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Macau, also spelled Macao, and officially the Macao Special Administrative Region of the People's Republic of China, is a city in the western Pearl River Delta by the South China Sea. It is a special administrative region of China and maintains separate governing and economic systems from those of mainland China. With a population of 667,400 and an area of 32.9 km2 (12.7 sq mi), it is the most densely populated region in the world.
Macau is a Special Administrative Region (SAR) of the People's Republic of China. In 1557 it was leased to Portugal as a trading post in exchange for an annual rent of 500 tael in order to stay in Macau, it remained under Chinese sovereignty and authority until 1887, the Portuguese came to consider and administer it as a de facto colony. Following the signing of the Treaty of Nanking between China and Britain in 1842, and the signing of treaties between China and foreign powers during the 1860s, establishing the benefit of "the most favoured nation" for them, the Portuguese attempted to conclude a similar treaty in 1862, but the Chinese refused, owing to a misunderstanding over the sovereignty of Macau. In 1887 the Portuguese finally managed to secure an agreement from China that Macao was Portuguese territory. In 1999 it was handed over to China. Macau was the last extant European territory in continental Asia.
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 global downturn in 2001, 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 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 Anti-corruption campaign under Xi Jinping.
The People's Liberation Army Macao Garrison is a garrison of the Chinese People's Liberation Army (PLA), responsible for defense duties in the Macau Special Administrative Region (SAR) since the sovereignty of Macau was transferred to China in 1999.
Las Vegas Sands Corporation is an American casino and resort company based in Paradise, Nevada, United States. Its resorts feature accommodations, gaming and entertainment, convention and exhibition facilities, restaurants and clubs, as well as an art and science museum in Singapore.
Hengqin, is an island in Zhuhai, a prefecture-level city and Special Economic Zone in Guangdong Province of the People's Republic of China. It has a population of about 3,000. Parts of Hengqin were leased to Macau by the State Council of the People's Republic of China starting in 2009, with the area expanding. In the leased parts of the island, Macau law applies.
Cotai is a 5.2 square kilometers (2.0 sq mi) piece of newly reclaimed land on top of Seac Pai Bay between Taipa and Coloane islands in Macau, that has made two independent islands become one island, since 2005. The word can also refer to the entire new island which was formed by the reclamation. In the second sense, the Special Administrative Region of Macau now consists of the Macau Peninsula plus Cotai Island, about a mile to the south.
Wynn Macau is a luxury hotel and casino resort in the Macau Special Administrative Region of the People's Republic of China with two towers containing a total of 1,008 rooms and suites, approximately 273,000 square feet (25,400 m2) of casino space, over 59,000 square feet (5,500 m2) of retail space, eight casual and fine dining restaurants, two spas, a salon and a pool.
The Venetian Macao is a luxury hotel and casino resort in Macau owned by the American Las Vegas Sands company. The Venetian is a 39-story, casino hotel on the Cotai Strip in Macau. The 10,500,000-square-foot (980,000 m2) Venetian Macao is modeled on its sister casino resort The Venetian Las Vegas. The Venetian Macao is the largest casino in the world, the largest single structure hotel building in Asia, and also the seventh-largest building in the world by floor area.
The Cotai Strip is a term coined by Las Vegas Sands Corporation with regard to its building of a strip of hotel-casinos in the Cotai section of Macau, a special administrative region of the People's Republic of China. Cotai was the result of a major land reclamation project which joined the two islands of Coloane and Taipa, and is part of the Macau government's continuous efforts to expand the region's territory. The reclaimed land in Cotai is to be mainly used for casino developments and Las Vegas Sands Corporation envisioned that their development of several adjacent properties would comprise an area that would resemble the Las Vegas Strip, albeit on a considerably smaller scale. Over the past decade, the layout of the Cotai Strip has also slowly developed into a grid like layout with major hotels and casinos built not directly connected to the 'strip' as opposed to Las Vegas strip with the majority of major hotels and casinos with front access to the Las Vegas strip.
The East Asian Games Dome is an indoor sporting arena located in Cotai, Macau, China.
The Macau Light Rapid Transit is a mass transit system in Macau. It serves the Macau Peninsula, Taipa and Cotai, serving major border checkpoints such as the Border Gate, the Outer Harbour Ferry Terminal, the Lotus Bridge border and the Macau International Airport. In the future it will serve the Lotus Bridge.
Studio City is a hotel and casino resort in Cotai, Macau, China. It is Asia's first leisure resort to integrate television and film production facilities, retail, gaming and hotels. It is jointly developed by U.S. investment firms Silver Point Capital LP and Oaktree Capital Management LLC and a Hong Kong entertainment company, eSun Holdings Ltd. In June 2011, Melco Crown Entertainment took over a 60% share of the property developer. Studio City Macau was officially opened on 27 October 2015.
The Cotai Arena is an indoor arena located on the premises of The Venetian Macao, on the Cotai Strip, in Macau, China. It opened in 2007 with a seating capacity of 15,000. The arena was known as Venetian Arena from 2007 to 2010, when it was renamed as CotaiArena. It hosts sporting events such as basketball, tennis and boxing, as well as concerts and international televised awards shows.
Cotai Water Jet is a company that operates high-speed ferry services between the Special Administrative Regions of Macau and Hong Kong. It is one of the two companies operating high-speed ferry services between the two territories - the other one being TurboJET.
O'Che 1867 is a family-owned goldsmith and jewelry business in Macau, China. It was founded in 1867 during the reign of the Tongzhi Emperor in the Qing dynasty. The family's history in the business spans four generations and has witnessed the city's historical changes and economic development. The name "O'Che 1867" was originally "Ourivesaria Che Lee Yuen," whereas "Ourivesaria" is Portuguese for goldsmiths and "Che" is the romanized form of the family's Chinese surname.
Sands Cotai Central is a casino resort on the Cotai Strip, Macau, China. On 5 August 2011, Sands China announced that the $4 billion property long referred to as parcels five and six is now officially named Sands Cotai Central. It opened on 11 April 2012.
Wynn Palace is the second luxury integrated resort from international resort developer Wynn Resorts in the Macau Special Administrative Region of the People's Republic of China, following the launch of Wynn Macau. Located in the Cotai Strip area, it features a 28-story hotel with 1,706 exquisitely furnished rooms, suites and villas, versatile meeting facilities, over 106,000 square feet (9,800 m2) of luxury retail, 13 casual and fine dining restaurants, Macau's largest spa, a salon, a pool and approximately 424,000 square feet (39,400 m2) of casino space. The resort also features a variety of entertainment experiences, including the 8-acre Performance Lake with a choreographed display of water, music and light, the unique SkyCab, spectacular, large-scale floral displays by renowned designer Preston Bailey and an extensive collection of art works by some of the world's leading artists.
The Parisian Macao is a luxury hotel in Cotai, Macau, China owned by Las Vegas Sands, which has a half-scale Eiffel Tower as one its landmarks. It was originally expected to be operational in late 2015, with that later changed to August 2016. The hotel officially opened on 13 September 2016.
Events from the year 2012 in Macau, China.
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