Mar 4, 2014

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High-rollers alert! These posh locales are great for gambling and throwing down major cash.

Whether you’re a Vegas casino strategy expert, a flush-with-cash Hong Kong banker or a European aristocrat looking to play baccarat with celebrities and millionaires, you are looking for only the most posh gambling venues. That comes with a price, but for a high-roller like you, it’s a price you’re willing to pay. This piece will introduce you to the seven highest-dollar gambling hubs in the world.

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The South Asian Superstar: Singapore

Singapore is not only one of the world’s priciest gambling hubs; the Economist listed it as the world’s most expensive city in general. A strong currency, high energy prices and soaring rents made Singapore the most expensive of 131 cities surveyed. Luckily for locals, they tend to be very rich.

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As for the gambling end of things, the Asian tiger is home to some of Asia’s most plush casinos. Last year total gambling revenue for the city came in at $6 billion, just after Vegas and making it the world’s third-largest market. It is home to the Resorts World Sentosa and the Marina Bay Sands, two of Asia’s largest and swankiest gambling spots.

The Asian Las Vegas: Macau

Macau didn’t crack the top five on the Economist list. However, it is one of Asia’s most expensive cities. The autonomous Chinese city is densely-populated, wealthy and dependent on imports of energy, building materials and consumer goods. In addition, average inflation topped 5 percent last year. However, prices are still significantly lower than in Singapore.

Considering that Macau is far and away the world’s leading casino hub, prices are quite reasonable. Last year the city’s casino industry pulled in $45 billion in revenue and is home to five of the world’s ten biggest casinos, including the gargantuan Sands Venetian Macau.

Europe’s finest: Monte Carlo

The favorite of European royalty and aristocracy has long been Monte Carlo on the French Riviera. Sitting down to play baccarat or roulette one is likely to bump elbows with the world’s wealthiest people. Of course, the opportunity to be seen in such an environment isn’t cheap. Princess Grace Avenue is home to the most expensive real estate in the world, and food and energy are quite expensive as well.

As for the casinos, most Monte Carlo establishments are for high-rollers only. The Grand Casino de Monte Carlo is famous for its posh dress code and high minimum wagers. Visitors are advised to brush up on their casino table manners.

The jewel of the desert: Las Vegas

Calling Las Vegas one of the world’s most expensive gambling cities requires some qualification, as it truly has something for everyone. You can make the experience as cheap or expensive as you want to, and living there is actually quite inexpensive, especially since the housing market crashed in 2008.

But focusing on the high-end casino market, Vegas is tough to beat. Global high-rollers still frequent the Vegas strip and throw down cash in classy establishments like the Wynn Las Vegas, Caesar’s Palace and the Bellagio. And the CityCenter was the world’s most expensive casino project ever, costing $9 billion to build. While high-stakes baccarat is becoming increasingly popular on the Strip, blackjack cards are still the biggest table game draw.

A tale of one city: Paris

The Economist report called Paris the world’s second-most expensive city. High prices are driven by the slim availability of housing, high energy costs and high demand for food and entertainment. And while it doesn’t top Monte Carlo in this regard, it is home to some of Europe’s most famous casinos.

Paris is home to Avation Club de France on the Champs-Elysees, once an exclusive haunt of air force officers but now open to the general public. Baccarat and European-style roulette are the favorite games of high-rollers visiting Paris.

The hub down under: Sydney

Sydney came in at #5 on the Economist list of priciest cities worldwide. A large of that comes from the fact that most consumer goods are imported, and the cost of housing is astronomical. On the gambling side of things, Aussies absolutely love to gamble, having lost more money per capita than any other nation last year according to a separate Economist report.

Sydney is home to the Star Casino, Australia’s second-largest casino and one of its most luxurious. In addition, there are smaller casinos available for less posh gamblers. But like everywhere in Australia, nothing comes cheap.

The Pacific newcomer: Manila

Adding the capital city of the Philippines makes this a very Pacific-centric list, reflecting overall economic growth and the popularity of gambling in the region. Manila is slightly misleading, as its not particularly expensive overall. But we included it because the casino market is absolutely exploding.

Last year casinos in the Philippines pulled in $2.5 billion in revenue, with government officials forecasting growth of $4.5 billion in 2014. Manila is home to some of the country’s largest and most popular establishments, including the Tropicana, Hyatt and Resorts World Manila, the country’s largest casino. In addition, the massive Solaire Resort Casino is expected to open in Manila Bay sometime this year.

Tags: Avation Club de France, Bellagio, blackjack cards, Caesar’s Palace, casino strategy, casino table manners, Grand Casino de Monte Carlo, Hyatt Mania, Marina Bay Sands, Resorts World Manila, Resorts World Sentosa, Sands Venetian Macau, Solaire Resort Casino, Star Casino, Tropicana, Wynn Las Vegas

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Oct 16, 2014

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Forget about Las Vegas. Go to Macau to play blackjack!

Macau is known for baccarat, but it also has some of the best blackjack tables in the world. If you ever find yourself in this fantastic city check out a few casinos on this list.

Forget about Las Vegas. The Chinese city of Macau (formerly a Portuguese colony) is now the world’s gambling center. In 2013 its 30-some casinos pulled in a combined $45.2 billion in revenue, utterly dwarfing the $6.2 billion done by Vegas.

And much of Macau’s gambling billions come from players laying down massive bets on baccarat, the game of choice for thousands of wealthy Chinese gamblers. However, blackjack is day-by-day gaining a bigger following in Macau.

Casinos are investing in more tables as more gamblers across Asia are taking an interest in the game. Here are some of the best places in Macau to play this fantastic table game.

Wynn Macau

Las Vegas casino mogul Steve Wynn has built one of Macau’s biggest and most luxurious casinos, which also happens to be one of the places in the city most conducive to winning at blackjack.

The most player-friendly blackjack table at the Wynn has a house edge of only .09 percent, one of the lowest you’ll see anywhere on Earth! Dealers stand on soft 17s!

You must be wondering: “there’s a catch. No casino would offer the player almost even odds. What’s the deal?”There is a catch is that the minimum bet is HKD 1,000 (about $128).

This is the best blackjack table in Macau, and maybe anywhere, but it is high-rollers only. However, the Wynn offers lower stakes tables with higher house edges. Whatever your budget, there is something for you.

Venetian Macau

Never to be outdone by his friend and rival Steve Wynn, Sands China chairman and CEO Sheldon Adelson has also put up one of the grandest casinos in a city known for glitz, glamour and limitless piles of money.

Venetian Macau

The Venetian features a high limit ($128) table with a very inviting house edge of .16 percent, better than many you’ll find outside of the Wynn and a few others. If that bet size is a little outside of your budget, there are also hundreds of tables offering hands starting at $39.

And if you’re looking to take a break from the blackjack table, the Venetian is known as Macau’s premier entertainment venue, having hosted star-powered acts like Beyonce and Lady Gaga.

The City of Dreams

This not-so -modestly named mega casino is everything it claims to be: an absolutely stunning miracle of human design and engineering available only to those carrying very large sums of money.

While many Macau casinos have warmed up to mass market gamblers, “the city” remains high-rollers only. You won’t find many tables with limits under $128, but the house edge on these upper limit tables is a favorable .16 percent.

As for overall amenities, the City of Dreams includes three hotels and a total of 1,400 rooms, and the House of Dancing Water show directed by Franco Dragone is one of the best entertainment attractions in the entire city.

The Grand Lisboa

The 12-story Grand Lisboa is a city icon, built in 1970 by Lawrence Ho long before Macau was opened up to foreign casino investors. It has become a mainstay due to its architectural brilliance as well as its willingness to open its doors to mass market gamblers.

The Grand Lisboa, Macau

The Lisboa isn’t a huge casino by the standards of the day, but it features enough blackjack rules variations and minimum bet sizes to cater to almost any blackjack player.

There are tables as low as $6, albeit with a house edge of .52 percent. But if you’re a true higher roller, the upper limit blackjack tables have a house edge of only .16 percent and allow you to wager up to $380,000 per hand.

We truly mean it when we say that the Grand Lisboa has something for everyone, a feature which is lacking in most Macau casinos.

The MGM Grand Macau

This is one of several Vegas-style mega casinos in Macau, and offers the same player-friendly blackjack rules you’ll find in the Wynn and Venetian Macau: dealer stands on soft 17, unlimited splits (including re-splitting aces) and early surrender is allowed.

The MGM offers an upper limit game with a house edge of only .09, tantalizingly low. For those looking to wager small amounts the house edges aren’t too shabby either. The casino has hundreds of gaming tables, so there’s no reason you shouldn’t find what you’re looking for.

Pharaoh’s Palace

This is a little-known local casino located inside the Landmark Hotel, which probably wouldn’t be known at all if not the for the unique blackjack rules variations offered there.

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Pharaoh’s Palace, Macau

It has the same rules offered at most Macau casinos (see MGM Grand) but has a few interesting twists not seen anywhere else. For example, any time the player makes a five card hand they have half their bet returned automatically, unless the dealer shows an ace.

In addition, the player receives a tantalizing 3-1 payout on any three-card hand containing 777 or a suited 678. These rules are so good that Macau insiders claim that if one uses flawless basic strategy there is no house edge at all. Imagine what someone can do using a card counting system!

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