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Gambling in China vs. USA
By Nate Peterson
What can be gambled on?
• Well, pretty much anything can be bet on.
• However the main casino games are Blackjack, poker, slots, and table games.
Gambling in China
• Casinos are illegal in mainland China.
• However in 1999 Macau reverted to Chinese control. And gambling licenses are granted there.
Macau
• Macau is a land mass just off the Southern shore of China.
• 11.8 million people made the trip to the Sands casino in Macau 2003.
• There are 14 casinos in Macau.
Why is gambling so popular among Chinese?
• Social Event.
• It is considered an acceptable social activity, even though it is illegal.
• It is a good way to make friends and business connections.
Money
• Financial Reasons.
• Chinese mainlanders for many years were not allowed to try to make money at casinos.
• Gambling at casinos provide a possible way to make money fast.
Boredom
• Many Chinese men after the opening of the market economy became extremely rich, but their wives have limited social activities.
Fun
• It may seem that Chinese business men do not have time to go to casinos, but in fact that is not true.
• Business men make frequent trips to Macau and Southeast Asia.
The Challenge
• The excitement and challenge.
• Gambling, especially at casinos, and especially at blackjack, there is always a possibility to outsmart the casinos.
• Gambling is an activity that creates a lot of excitement.
Gambling in the U.S.
• U.S. gambling mainly takes place in Casinos.
• 27 states currently have casinos and there are only 6 states that have no form of legal gambling.
Betting
• Sports betting is very popular. Including betting on horse races.
• Technically it is legal only in Las Vegas casinos with a sports book. However it occurs all over the U.S. through illegal bookies.
Poker
• Over the past 5 years there has been an explosion in the popularity in poker.
• There are many online sites that appeal to underage gamblers as well as adults who don’t have time to visit casinos.
Why??
• Professional poker players are being turned in to celebrities.
• The last three world series of poker were won by “dead money,” amateurs.
• People play because they can be the next Greg Raymer or Chris Moneymaker.
Facts
• 482 billion dollars was wagered in the United States last year.
• 85% was wagered in casinos.
• The Sands casino in Macau made 36 million in its first ten weeks.
Similarities
• Both Chinese gambling and US gambling mainly take place in casinos.
• Games that are bet on are the same generally. (blackjack, roulette)
• Reasons why people gamble.
Similarities
• Same chips are used.
• Tables are the same.
Differences
• Compared to western casinos, the atmosphere is unglamorous in Macau.
• There is a minimum bet, currently 50 patacas on all games.
Differences
• Number of places to gamble.
• China-14 Casinos
• Las Vegas-340 Casinos
THE END
• THE END
Bibliography
• http://www.statcan.ca/english/studies/• http://www.family.org/cforum/fosi/gambling/gitus/• Encyclopedia of Recreation and Leisure in
America. • Encyclopedia of Contemporary Chinese Culture. • http://www.gamblingmagazine.com/ManageA• http://chinese-school.netfirms.com/casinos.html