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Macau, Asia
STDM In 1962 gambling in general passed to the control of S.T.D.M.( Sociedade de Turismo e Diversoes de Macau) which signed the exclusivity gambling's contract with Macanese Government in 1962, March 30th. Although this contract was legally signed in above mentioned date, truth is, gambling's franchise began in 1st January 1962 in a improved area, where Hotel Estoril is nowadays installed. This hotel was finished in 1963 and has opened under the name of Casino Estoril. STDM introduced western games, like roulette, baccarat and black- jack. Also in 1962, STDM adapted a junk to a floating casino, which was replaced later by MACAU PALACE, the floating casino located at the inner harbour. In that floating junk was filmed part of a James Bond movie, Man with a Gold Gun. In 1963, Kam Pek Casino was installed, a small casino where one could only play chinese games. First stage of Casino Hotel Lisboa was begun in 1964 and finished in 1970. In 1972 there were 4 STDM casinos. In 1975, was installed a Casino in the "Pelota Basca", the Jai alai Casino, to substitute the casino functioning in Hotel Estoril. In the end on 1984, STDM opened a new luxury casino at Hotel casino Excelsior, later named Hotel Oriental. Then the total of STDM casinos were 5 (Casino Lisboa, Macau Palace, Jai Alai, Kam Pek and Oriental). In 1988, was installed at Hyatt Regency and Taipa Island Resort. In 1995 there were eight casinos in Macau, all of them under control of STDM. In 1996 there were 9 STDM casinos ( Kingsway, Diamond in Holyday Inn Hotel, Taipa in Hyatt Regency, Victoria-Hipodrome, Legends Club- a private club, Marina, Lisboa, Kam Pek and Macau Palace). The concession contract signed between STDM and the Macanese Government in June 1962, was subsequently extend until 2001. In 2001, the enactement of Law number 16/2001 The Legal Framework for the Operation of Games of Fortune has bought enormous innovations to the gaming industry. To increase market competition and atttractiveness of the Macau gaming industry, the Macau Government gave a maximum of 3 gaming licenses. This act of liberalization of the gaming industry, formally eliminated the monopolistic operation of Macau casino gambling given to STDM. The monopoly was over. The casino industry has been controlled by STDM monopoly for 39 years. All casinos in Macau under STDM control, used tokens and chips (European and American styles) indistinctly in the several casinos. The SJM have used STDM chips until 2005, when SJM chips and jetons were issued. SJM On 8 February 2002, the Tender Committee promulgated the 3 companies that were granted the gaming concession: Sociedade de Jogos de Macau (SJM), Wynn Resorts (Macau) S.A. and Galaxy Casino, S.A. SJM substitutes STDM The concessionaire is permitted to operate games of luck in casinos or other forms, in the following eleven locations: Casino Lisboa, Casino Jai Alai, Casino Oriental, Casino Kingsway, Casino Diamond, Casino Taipa, Clube VIP Legend, Casino Marina, Casino New Century, Casino Kam Pek and Casino Macau Palace. The number of casinos and their locations are subjected to review five years later the establishment of the contract. The concessionaire is obligated to fulfil the projected investment of 4.737.480.000 patacas. In fact STDM operations never stopped. The 11 STDM goes operating under the name of SJM and using STDM chips, until the issuing of SJM chips. In January 2003 SJM opened the Pharaoh's Palace in Landmark Hotel. On October 2nd 2004 the MJC Casino Grand View opened in Grand View Hotel On January 21st 2004 the Casino Casa Real opened in Hotel Casa Real. On December 23 2004 the Casino Greek Mythology opened in New Century Hotel. In January 2005 the Golden Dragon opened and also in 2005 the Grand Empereur Casino opened. SJM like the others concessionaires gave sub-concessions to other companies. SJM has built also the Grand Lisboa, near to Casino Lisboa, which will be the SJM jewel, like was the Casino Lisboa was for STDM for more than 25 years. This mega casino was opened on February 11, 2007. Casino Oceanus opened on December 15, 2009, in the location of the former Jai Alai Casino. Casino Cais 16 opened on February 2, 2008 With the opening of Cais 16 , SJM has now 19 casinos. All casinos in Macau under SJM control, use tokens and chips (European and American styles) indistinctly in the several casinos. SJM have used STDM chips until 2005, when SJM chips and jetons were issued. Casino Ponte 16 use SJM chips with this logo
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