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Pataca
(redirected from patacas)

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Pataca
The currency of Macau. It was introduced in 1894. Macau is a special administrative region of China; perhaps because of this, the pataca is pegged to the Hong Kong dollar using a currency board system. That is, the Monetary Authority of Macau is legally obligated to redeem pataca for the equivalent amount of Hong Kong dollars on demand.
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Revenue performance of VIP rooms, along with total gross gaming revenues and the market share captured by VIP room play, (measured in Macao patacas, or MOP) are presented in Table 1 below: In terms of casino win and government taxes paid, the VIP room sector has played the dominant role in Macao's casino industry in recent years.
The VIP-room contractual system and Macao's traditional casino ... by Wang, Wuyi; Eadington, William R. / China: An International Journal
We resisted the temptation, hanging on to our Macanese patacas and Hong Kong dollars (they'll take both) and went to bed to rest up for a day's sightseeing.
TRAVEL: Bet you'll have fun in Macau! by The Mirror (London, England)
The Court of Final Appeal also confiscated his assets and ordered Ao, the territory's former transport and public works minister, to give the government back 41 million patacas (5.
Former Macau minister gets 28 years for corruption by AFP / AFP Asian Edition
 
 
 
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