Published marzo 13, 2020
Chinese Table Tennis Legend Suspended Over Gambling Debts with Sands Casino in Singapore
One of the maximum players into the reputation for ping pong found himself in the spotlight that is global week, not for their accomplishments in dining table tennis, but alternatively for their apparent failures at the tables in a casino.
Kong Linghui was such as the Michael Jordan of ping pong, a likeness even to the position in gambling troubles that he allegedly got himself.
Kong Linghui, mentor of the Chinese ladies’ table tennis team, was summoned on Monday to return to Asia just as the 2017 World Table Tennis Championships had been getting underway in Germany. He’s got been suspended from the team in the wake of a scandal over gambling debts.
Kong, a 41-year-old champion that is former one of the best players in the real history associated with game, was called in a lawsuit filed in Hong Kong that alleged he stiffed the Marina Bay Sands Hotel and Casino in 2015 on nearly $720,000 in markers.
Alleged Debts and Gambling Regrets
On Tuesday, Kong posted on Weibo, a popular Chinese social media marketing website, to explain that the debts weren’t his. He said he visited the casino in Lion City, Singapore, with friends and family, and used his credit line so they could play while he ‘sat and observed.’
‘It is only until today after media reports have exposed the incident that I have learned someone had kept some debt unsettled aided by the casino,’ he stated in a statement (as translated by Google) on Weibo. ‘I am being dragged into the lawsuit. I’ve immediately requested the indebted to show up and clarify the known facts.’
According to the lawsuit filed by Sands against Kong, the casino extended him S$1 million in credit during A february journey in 2015, of which he’s got since paid back s$550,000. That left a balance that is unpaid to US $320,000.
‘I am deeply disturbed by the impact that is negative of event in the team,’ Kong wrote. ‘ we will work with my group to eliminate disturbance and make every effort in this World Table Tennis Championships, and carry on to fight for the honor of the motherland!’
Ping Pong Prince
Kong, referred to as ‘ping pong prince,’ is one of just a select few rivals to win the grand slam of dining table tennis games. The table Tennis World Cup, and table tennis events at the Olympics, where he won two gold medals and a silver during his heyday in the late 1990s and early 2000s, he won the World Table Tennis Championships.
The 41-year-old Kong won gold that is olympic 1996 and 2000.
Considered by their contemporaries as one of the most extremely complete and well-rounded table tennis players of them all, Kong is credited for shaking up a longtime European male dominance regarding the sport in the 1990s.
The Chinese government sent him to Sweden to study the great players. He returned to China in 1993 with just what he had discovered, and also by the final end of 1995 he was the top ranked player in the world.
In 2006, Kong retired early at age 30 after crashing his Porsche in Beijing while driving drunk. The government that is chinese a mandatory 15-day detention because of his sporting success for the nation.
Macau Residents Gambling More Frequently Than in Previous Years
Macau gambling profits are finally starting to trend in the direction that is right thanks to a return within the VIP segment, and mass advertising efforts from casino resorts. But there’s another element in the reversal of fortune, and that is the resident that is local.
In early 2016, Macau’s six resort that is integrated launched a local’s campaign that provides various non-gaming perks to city dwellers. But discounted spaces and entertainment packages additionally resulted in a small bump in the resident gambling rate. (Image: Macau Really Loves Locals)
Based on a paper published by the scholarly Study of Commercial Gaming at the University of Macau, 51.5 per cent of city residents participated in some form of gambling during 2016. That’s two percent higher than exactly what the same poll concluded when it absolutely was last tallied in 2013.
Funded by the Macau Social Welfare Bureau, the examination would be to keep tabs on gambling habits of locals, and monitor whether residents are more prone to developing gambling addictions.
The rate is still greatly lower than the 68 percent who admitted to participating in Macau back in 2003 while the nearly 52 percent majority shows that Macau habitants gamble more frequently than the general Chinese population.
Macau finished Hong Kong billionaire Stanley Ho’s monopoly on gambling after nearly four years in the early 2000s, and contains been monitoring the social impacts of the casino industry’s https://myfreepokies.com/21-dukes-casino/ liberalization ever since.
Like many other Asian cultures, the Chinese have actually a propensity to gamble because of strong belief in fortune, fate, and fortune. A vintage gambling proverb in China declares, ‘you don’t know how lucky you might be. unless you gamble,’
That is why the Chinese government has banned nearly all forms of wagering throughout its long history. Macau, a previous portuguese territory, only became part of the People’s Republic in 1999.
But so far, there is little evidence, at least based on the Macau University findings, that residents into the city are experiencing disproportionate gambling addiction rates.
Of the 2,000 respondents surveyed, just 51, or 2.5 percent of the sample, answered in a fashion that classified them as ‘probable disordered gamblers.’ And of the in that category, just 10 (0.5 percent of the pool that is total fell in to the ‘severe’ grouping.
Assuming the info is correct, that means simply 3,250 of Macau’s believed 650,000 residents are currently suffering from the gambling problem that is severe. However, the report nevertheless concluded that ‘there is still room for folks to increase their awareness and understanding’ when it comes to disorders that are gambling.
Video Gaming revenue plummeted from a most of $45 billion in 2013, to $28 billion last 12 months, as the mainland continues to crack down on allegedly corrupt VIP junket operators in Macau.
More Than Gambling
Macau is within the process of attempting to advertise its reimagining to potential visitors. Long known for its plethora of casinos, resorts are marketing their amenities first, and gambling a distant second or third today.
A Macau that is recent tourism concluded that there are many facets that are actually enticing travelers towards the area other than gambling. One of the key non-gaming factors would be the quality of the resorts, food and beverage establishments, duty-free shopping, and events and entertainment.
Ideally, those elements may also attract new residents to Macau and bolster the local economy.
The Macau government expects to see visitor arrivals grow five percent overall in 2017. That will generate more demand, and theoretically, more jobs.
New City of Las Vegas Logo Met with Disdain by Some Councilmembers for Being ‘Not Serious Enough’
An official ‘City of Las Vegas’ logo that has been revealed last fall is receiving blended reviews through the city council. While many tourists don’t get it, the city of vegas is distinct from the greater glamourous Strip, and encompasses primarily the downtown Fremont Street area, from a gambling viewpoint.
The Las Vegas logo on the left was called down for being not severe enough for the ‘we mean company’ message that Mayor Carolyn Goodman along with other councilmembers want to potential industries about their city. (Image: City of Las Vegas/Collage: Casino.org)
But a burgeoning business and arts climate has left a few of the city’s council feeling that the new logo does not reflect its more serious side.
The girly, pink magenta script emblem wasn’t meant to displace town’s longtime existing seal, but rather to complement it. However, some bureaucrats believe the brand new logo design is being used constantly, and in places where in fact the city should present a more official-looking and image that is business-oriented.
‘When I look at the logo, that does not say official company to me, and that concerns me,’ Councilman Ricki Barlow stated at a meeting that is recent. ‘The seal [on the other hand] says official business.’
The issue, according to those voicing concerns over the colorful identity, is that the logo design isn’t being utilized strictly for marketing purposes. Indeed, the pink vegas font now covers city that is official, letterhead, business cards, employee uniforms, and more.
‘ All I’ve seen was basically the disappearing of the populous city seal,’ Barrow concluded.
How We Got Right Here
About a year and a half ago, the city sought a marketing identity that is new. Designers submitted 20 ideas, and after councilmembers narrowed them down to four, they opened it up to vote that is public the winner.
Victoria Hart’s Las Vegas logo emerged as the pick that is top October 2016. Las Vegas paid her $10,000 for the style, and invested another $50,000 performing the marketing plan that encompassed it.
On the list of detractors to Hart’s design is City of nevada Mayor Carolyn Goodman. ‘ We are serious business here at the city,’ she explained of her opposition. Goodman was instrumental in using downtown Las Vegas’ once image that is somewhat shady making it a now-thriving business and arts center which includes the Smith Center for the Performing Arts, shoe manufacturer Zappos and also the edgy Container Park plaza, where former shipping crates have been converted into storefronts.
But not all officials concur with Goodman’s assessment. Councilmen Steve Ross and Stavros Anthony said they enjoy the fresh look, while Bob Coffin asked, ‘Have we overthought it?’
No motion to repeal Hart’s logo design was made within a recent council conference, although the board says it will continue the discussion in July. An online store selling branded materials with the pink emblem is set to launch next week in the meantime.
Too Flashy for Las Vegas?
Some will dsicover it a bit humorous that the City of Las Vegas would be concerned their brand new logo design presents a too flashy image. The most celebrated gambling town in the world, both famed and notorious for its nightlife, may be the epicenter of this tourism and hospitality industries.
But the area most site visitors call Las Vegas is located in the unincorporated towns of Paradise and Winchester in Clark County. The Stratosphere is the only Strip resort inside the city boundaries, although the northern end of this drag that is main usually cited at SLS Las Vegas (the former Sahara), simply south associated with the observation tower.
And the most famous Las Vegas sign, the marquee landmark that reads, ‘Welcome to Fabulous Las vegas, nevada,’ markings the southern end of the Strip, and is some 4.5 kilometers outside for the actual city limitations.
Despite usually being referred to as the less chichi cousin of the Strip and all sorts of its glitz and glamor, the City of Las Vegas nevertheless has plenty to crow about these times. Along with its business and arts districts renaissance, Downtown Las Vegas is home to Fremont Street, that is now outpacing the Strip in terms of casino revenue percentage gains in current months.
From Next Pope to Bond, Paddy Power the Holy Grail of Novelty Betting
Paddy Power is at it again. The Irish bookmaker always offers a slew of eccentric novelty prop wagers, but at this time, the UK sportsbook is outdoing itself.
Paddy energy is getting its pope mobile back out on the path to promote its papal betting lines. And yes, we believe this holiness that is fictitious smoking a cigarette. (Image: Paddy Power)
Bettors offshore can currently place bets on every thing from whom is going to be the next pope, to which actor will replace Daniel Craig and step into the iconic role of James Bond. Of course, addititionally there is an excess of betting opportunities surrounding Donald Trump’s presidency.
While Paddy energy’s listings are as comical as ever, they’ve taken a softer tone than in past years. The web site received lots of debate some in 2008 for asking if newly inaugurated President Barack Obama will be assassinated during his very first term.
At 76 years and 86 times old, Pope Francis was the ninth oldest pope to ever be elected to the papacy in 2013. Now 80, Paddy Power is counting down the times before the Roman Catholic Church will have to look for a leader that is new.
Cardinal Luis Antonio Tagle (Philippines) is the favorite at 5-1, followed by Cardinal Peter Turkson (Ghana) and Cardinal Marc Oullet (Canada), both at 8-1. US Cardinals Sean O’Malley (10-1), Kevin Joseph (20-1), and Timothy Dolan (20-1) are within the running.
But so is U2 frontman Bono, at least according to Paddy energy. The musician and philanthropist is a longshot, however, at 1000-1. Richard Dawkins, an atheist, comes at the devilish odds of 666-1.
Surprisingly, Trump isn’t an option.
Craig said recently he’d ‘rather slash his wrists’ than play 007 again, meaning Bond producers are scurrying to find a new title actor.
Paddy Power believes it’s Jack Huston’s to lose (2-1), followed by Tom Hardy and Tom Hiddleston (4-1). A couple of longshots that are humorous Kristen Stewart (90-1), Helen Mirren (175-1), David Beckham (500-1), and Diddy (500-1).
Surprisingly, Trump isn’t an option.
Trump Trending Better
The chances of Trump office that is leaving their first term expires are growing longer. Earlier this month, bettors felt there was a decent chance of the 45th commander in chief being ousted before 2020.
However, the favorite on the question, ‘What year will Trump cease to be president?’ is ‘2020 or later’ at 11-10 today. In 2010 does include the next shortest odds at 13-8, followed by 2018 (10-2) and 2019 (9-1).
Paddy energy is obsessed with the new frontrunner of this world that is free and justifiably so. Trump produces interest that is much his often times outlandish opinions and penchant for social media.
The sportsbook was even trying to employ a US political expert for its newly created position, ‘Head of Trump Betting.’ Paddy Power took a beating on the November US election after it began paying out on Hillary Clinton wagers prior to Americans shocking the world.
Finally, Paddy energy is able to see who you might think is going to win the Nobel Peace Prize when it’s announced this October.
Pope Francis leads the way at even money, followed closely by German Chancellor Angela Merkel (13-5). The White Helmets, Syria civil defense soldiers, are at 3-1, and murdered British Labour Party politician and humanitarian Helen Cox reaches 6-1.
Notables include Barack Obama (22-1) and his wife Michelle (33-1), Leonardo DiCaprio (50-1), and Russian President Vladimir Putin (90-1).
And yes, Trump is a choice at 25-1.
Casino Gaming in Vietnam Set for Change as Ministry Gets Licensing Powers
Casino gaming in Vietnam operates in something of a strange destination, but a new move by the federal government could be a sign things are starting to change.
Vietnam’s Ministry of Finance happens to be offered the ability to grant business licenses to casino companies to help national debt. (Image: saigoneer.com)
Just before a 2017 decree, many natives that are vietnamesen’t permitted to gamble in the united states’s casinos but foreign visitors could. In the beginning with this year, a government decree (Decree 03/2017/ND-CP) moved to change this by introducing a three-year pilot scheme that could allow certain residents to gamble.
The general idea is that locals with an income of at least VND10 million (US$443) will be able to gamble in a casino although there have been conflicting reports about how the decree will actually work in practice.
Even though this decree was supposed to enter into influence on March 15, the national government has yet to issue a statement how regions should implement the laws.
Ministry of Finance Has the Power
Regardless of the lack of motion, the government has now said that the Ministry of Finance’s Department of Banking and banking institutions will have some influence on the laws.
As outlined in a report by VietnamNet May 30, the Ministry of Finance has been offered the capacity to grant companies licenses to casino and gaming solutions.
During this period, it’s ambiguous what this implies in practice, but there is certainly the possibility it could give gaming operators and technology companies permission to operate within the united states. What exactly is known, however, is any business wanting to offer casino-based entertainment must invest a minimal capital of US$2 billion.
Furthermore, potential companies must explain how it will tackle dilemmas such as problem gambling. Overall, the news that is latest still doesn’t give us much more of an understanding of how Vietnam’s casino industry will evolve in real terms over the coming months.
Progress is Slow but Still a sign that is positive
However, there is actually a sense among federal government officials that progress needs to be made. With GDP slowing down in Q1 of 2017 and public debt (as a portion of GDP) increasing by more than 12 percent since 2011, ministers are now buying a option to redress the balance.
Allowing residents to pay money in neighborhood casinos has been seen as very ways that are effective repeat this. Using this as a starting point, a boost in casino-based entertainment as a result of newly licensed operators could stimulate spending that is further.
Although some more pieces associated with the puzzle have to be prearranged prior to the nationwide coffers can enjoy the many benefits of Decree 03/2017/ND-CP, it certainly looks as though things are transferring the right direction.