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New casino opens in Macau
5/1/2006 17:34

Emperor Palace Casino, the 18th casino in China's Macau Special Administrative Region (SAR), opened in Macau Thursday.
International movie celebrity Jackie Chan hosted the lights-up opening ceremony of the Grand Emperor hotel, where the casino is located.
The seven-floor new casino features an entire floor of slot machines worth 3 million Hong Kong dollars (US$428,000).
The hotel is operated by Emperor Entertainment Hotel Limited, which has been listed in the Hong Kong stock market.
Macau, with a population of 480,000, has a 150-year history of gaming industry and is the only part of China where casino gaming is legal.
Direct tax paid by the previous 17 casinos dominates over 70 percent of the SAR government's annual revenue.

 Xinhua news