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Gambling in Macau has been legal since the mid-19th century when the government legalized gambling to help generate revenue. Macau introduced a licensed monopoly system soon after, and that system remained in effect for over a hundred years.
The Macau government had considered addressing the issue of online gambling as far back as the late 1990s and early 2000s, but efforts stalled out rather decisively, with many experts believing that the Chinese government played a role in keeping Macau from liberalizing online gambling to target the Chinese market (where gambling, beyond a few state-sponsored lotteries, is illegal). Wednesday, July 22, 2020 to Wednesday, July 22, 2020. GGPoker.com Event #36: $1,500 FIFTY STACK No Limit Hold'em. Stream live sports, game replays, video highlights, and access featured ESPN programming online with Watch ESPN.
It was not until 2002 that the Macau government lifted their monopoly system, allowing gaming operators from around the world to apply for a license and compete in the Macau market.
Formerly a colony of Portugal, Macau has been under the control of the People’s Republic of China since 1999 as one of China’s two Special Administrative Regions (Hong Kong being the other).
While China has ultimate authority on foreign matters and national security, Macau still retains most of its autonomy and is still responsible for running their own legal system and local government. This autonomy extends to gambling laws, which China did not interfere with when it gained control.
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Macau has very liberal gambling laws, and as such, gambling of all forms can be found throughout the territory and the nearly 40 casinos that operate within it, including casino games, lottery, horse racing, sports betting, and poker.
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Macau has always been considered the major gambling hub of the east, but now that it has liberalized further and opened itself up to the world market, its place atop the world rankings in gambling revenue is of little surprise.