The Gaming Inspection and Coordination Bureau is an entity that oversees the gaming industry in Macao, which has a rich history spanning over three centuries. Known as the 'Monte Carlo of the Orient' and the 'Las Vegas of the East', Macao has established itself as a leading global gaming destination.
As of 2009, gaming tax revenue accounted for more than 70 per cent of the total fiscal revenue for the Macao Special Administrative Region. The region's gross gaming revenue has occasionally surpassed that of the Las Vegas Strip, solidifying its status as the largest gaming city in the world.
The success of the gaming sector in Macao can be attributed to supportive policies from the governments of the People's Republic of China and Macao SAR, significant investments from entrepreneurs, and a strong cultural preference for gaming among the Chinese population.
