Chinese Ping Pong Legend Suspended Over Gambling Debts with Sands Casino in Singapore

Chinese Ping Pong Legend Suspended Over Gambling Debts with Sands Casino in Singapore

One of the maximum players in the history of table tennis found himself in the spotlight that is global week, not for their accomplishments in table tennis, but alternatively for his apparent failures at the tables in a casino.

Kong Linghui ended up being like the Michael Jordan of ping pong, a likeness even to the position in gambling troubles that he allegedly got himself.

Kong Linghui, advisor of the women that are chinese table tennis team, was summoned on Monday to return to China just as the 2017 World Table Tennis Championships had been getting underway in Germany. He has been suspended from the team in the wake of the scandal over gambling debts.

Kong, a 41-year-old former champion considered one of the greatest players in the real history of this game, was named 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

A popular Chinese social media site, to explain that the debts weren’t his on Tuesday, Kong posted on Weibo. 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 news reports have exposed the incident that I have discovered someone had kept some debt unsettled utilizing the casino,‘ he said in a declaration (as translated by Bing) on Weibo. ‚we am being dragged into the lawsuit. I’ve immediately required the indebted to show up and clarify the known facts.‘

In line with the lawsuit filed by Sands against Kong, the casino extended him S$1 million in credit during a trip in 2015, of which he has since paid back s$550,000 february. That left an unpaid balance equivalent to US $320,000.

‚we am profoundly disturbed by the impact that is negative of incident on the group,‘ Kong wrote. ‚ i will work with my team to eliminate interference and make every effort in this global World Table Tennis Championships, and continue to fight for the honor for the motherland!‘

Table Tennis Prince

Kong, referred to as ‚ping pong prince,‘ is one of only a select few rivals to win the slam that is grand of tennis games. During his heyday in the late 1990s and early 2000s, he won the World ping pong Championships, the ping pong World Cup, and ping pong events at the Olympics, where he won two gold medals and a silver.

The 41-year-old Kong won gold that is olympic 1996 and 2000.

Considered by their contemporaries as one of the very most complete and table that is well-rounded players of them all, Kong is credited for shaking up a longtime European male dominance associated with the sport in the 1990s.

The government that is chinese him to Sweden to study the great players. He returned to China in 1993 with just what he had discovered, and by the end of 1995 he was the top rated player on earth.

In 2006, Kong retired early at age 30 after crashing his Porsche in Beijing while driving drunk. The Chinese government waived a mandatory 15-day detention because of his sporting success for the country.

Macau Residents Gambling More Frequently Than in Previous Years

Macau gambling revenues are finally starting to trend in the direction that is right thanks to a return in the VIP segment, and mass advertising efforts from casino resorts. But there’s another factor in the reversal of fortune, and that is the regional resident.

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 also resulted in a bump that is slight the resident gambling rate. (Image: Macau Loves Locals)

Based on a paper posted by the Study of Commercial Gaming at the University of Macau, 51.5 % of city residents participated in some type of gambling during 2016. That’s two percent higher than just what the same poll concluded when it absolutely was last tallied in 2013.

Funded by the Macau personal Welfare Bureau, the assessment would be to keep tabs on gambling habits of locals, and monitor whether residents tend to be more prone to developing gambling addictions.

While the almost 52 percent majority shows that Macau habitants gamble with greater regularity than the typical Chinese populace, the rate is still greatly lower than the 68 percent who admitted to participating in Macau back in 2003.

Macau finished Hong Kong billionaire Stanley Ho’s monopoly on gambling after nearly four decades in early 2000s, and has been monitoring the social impacts of the casino industry’s liberalization ever since.

Study Results

The chinese have a tendency to gamble due to a strong belief in luck, fate, and fortune like many other Asian cultures. A vintage gambling proverb in China declares, ‚If you are doingn’t gamble, you don’t understand exactly how happy you are.‘

That is why the Chinese government has banned nearly all forms of wagering throughout its long history. Macau, A portuguese that is former territory only became part of the People’s Republic in 1999.

But up to now, there’s little evidence, at least in line with the Macau University findings, that residents in the city are experiencing gambling that is disproportionate rates.

Of the 2,000 respondents surveyed, just 51, or 2.5 percent of the sample, answered in a manner that classified them as ‚probable disordered gamblers.‘ And of the for the reason that category, just 10 (0.5 percent of the pool that is total fell in to the ’severe‘ grouping.

Assuming the data is correct, that means just 3,250 of Macau’s predicted 650,000 residents are currently putting up with from a gambling problem that is severe. However, the report however concluded that ‚there is still room for individuals to boost their awareness and understanding‘ when it comes to gambling disorders.

Video Gaming revenue plummeted from the high of $45 billion in 2013, to $28 billion last year, as the mainland continues to crack down on allegedly corrupt VIP junket operators in Macau.

More Than Gambling

Macau is within the process of trying to advertise its reimagining to visitors that are potential. 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 figured there are numerous facets that are actually enticing travelers towards the region other than gambling. Among the key non-gaming factors are the quality of the resorts, food and beverage establishments, duty-free shopping, and events and entertainment.

Ideally, those components will also attract new residents to Macau and strengthen the neighborhood economy.

The Macau government expects to see visitor arrivals grow five percent overall in 2017. That will create 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 town council. While many tourists don’t get it, the city of Las vegas, nevada is distinct from the greater glamourous Strip, and encompasses primarily the downtown Fremont Street area, from a gambling perspective.

The Las Vegas logo design regarding the left has been called out for being not severe enough for the ‚we mean business‘ message that Mayor Carolyn Goodman and other councilmembers want to industries that are potential their city. (Image: City of Las Vegas/Collage: Casino.org)

But a burgeoning business and arts climate has left some of the city’s council feeling that the newest logo doesn’t mirror its more side that is serious.

The girly, pink magenta script emblem wasn’t meant to restore the town’s longtime existing seal, but rather to complement it. However, some bureaucrats believe the new logo is being used too often, and in places where in fact the city should present a more official-looking and business-oriented image.

‚When I look at the logo, that does not say official company to me, and that concerns me personally,‘ Councilman Ricki Barlow said at a meeting that is recent. ‚The seal [on the other hand] says official business.‘

The issue, based on those voicing concerns over the colorful identity, is that the logo design is not being used strictly for advertising purposes. Certainly, the pink Las vegas, nevada font now covers city that is official, letterhead, business cards, employee uniforms, and more.

‚ All i have seen was basically the disappearing of the city seal https://myfreepokies.com/21-dukes-casino/,‘ Barrow concluded.

Exactly How We Got Here

Of a 12 months and a half ago, the city sought a new marketing identity. Designers submitted 20 ideas, and after councilmembers narrowed them down to four, they opened it as much as vote that is public the winner.

Victoria Hart’s Las Vegas logo emerged as the top pick in October 2016. Las Vegas paid her $10,000 for the idea, and spent another $50,000 executing the advertising plan that encompassed it.

One of the detractors to Hart’s design is City of nevada Mayor Carolyn Goodman. ‚ We are serious business here at the populous town,‘ she explained of her opposition. Goodman was instrumental in using downtown Las Vegas‘ once significantly shady image and turning it into a now-thriving company and arts center that includes the Smith Center for the Performing Arts, footwear manufacturer Zappos additionally the edgy Container Park retail complex, where former shipping crates have actually been turned into storefronts.

But not all officials concur with Goodman’s assessment. Councilmen Steve Ross and Stavros Anthony said they enjoy the look that is new while Bob Coffin asked, ‚Have we overthought it?‘

No motion to repeal Hart’s logo was made within a recent council meeting, although the board claims it’ll continue the discussion in July. In the meantime, an on-line store selling branded materials using the pink emblem is set to launch next week.

Too Flashy for Las Vegas?

Some will dsicover it a bit humorous that the City of Las Vegas would fret 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 the 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 associated with the drag that is main usually cited at SLS Las Vegas (the previous Sahara), just south associated with the observation tower.

And the most famous Las Vegas sign, the marquee landmark that reads, ‚Welcome to Fabulous vegas,‘ marks the southern end of the Strip, and is some 4.5 miles outside for the actual city limits.

Despite often being referred to as the less chichi cousin of the Strip and all its glitz and glamor, the City of Las Vegas nevertheless has plenty to crow about these times. Along with its company and arts districts renaissance, Downtown Las Vegas hosts Fremont Street, that will be now outpacing the Strip in terms of casino revenue percentage gains in present months.

The Holy Grail of Novelty Betting from Next Pope to Bond, Paddy Power

Paddy energy is at it again. The Irish bookmaker constantly offers a slew of eccentric novelty prop wagers, but now, the British sportsbook is outdoing itself.

Paddy energy is getting its pope mobile back out on the way to promote its papal betting lines. And yes, we believe this holiness that is fictitious smoking a cigarette. (Image: Paddy Power)

Bettors overseas can currently place bets on every thing from whom is going to be the next pope, to which star will change Daniel Craig and step into the iconic role of James Bond. Of course, there is a surplus of betting opportunities Donald that is surrounding Trump presidency.

While Paddy Power’s listings are as comical as ever, they’ve taken a softer tone compared to past years. The site received a lot of debate some in 2008 for asking if newly inaugurated President Barack Obama could be assassinated during his very first term.

Pope Props

At 76 years and 86 days old, Pope Francis was the ninth pope that is oldest to ever be elected to the papacy in 2013. Now 80, Paddy energy is counting down the times before the Roman Catholic Church will need to look for a brand new leader.

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 also within the running.

But so is U2 frontman Bono, at the least according to Paddy Power. 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.

Relationship Wagers

Craig stated recently he’d ‚rather slash his wrists‘ than play 007 again, meaning Bond producers are scurrying to find a title actor that is new.

Paddy Power believes it’s Jack Huston’s to(2-1 that is lose, followed by Tom Hardy and Tom Hiddleston (4-1). Several humorous longshots consist of 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 leaving office before his first term expires are growing longer. Earlier this month, bettors felt there had been a decent possibility of the commander that is 45th chief being ousted before 2020.

However, today the favourite on the question, ‚What 12 months will Trump cease to be president?‘ is ‚2020 or later‘ at 11-10. This season 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 yields much interest for his from time to time outlandish opinions and penchant for social media.

The sportsbook ended up being even wanting to employ a US expert that is political 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 bets prior to Americans shocking the world.

Peace Props

Finally, Paddy energy is able to see whom you imagine goes to win the Nobel Peace Prize when it’s announced this October.

Pope Francis leads the real way at even money, followed closely by German Chancellor Angela Merkel (13-5). The White Helmets, Syria defense that is civil, are at 3-1, and murdered British Labour Party politician and humanitarian Helen Cox reaches 6-1.

Notables consist of Barack Obama (22-1) and his spouse 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 place that is strange but a brand new move by the federal government could be a sign things are starting to change.

Vietnam’s Ministry of Finance happens to be provided the power to grant business licenses to casino companies to aid national debt. (Image: saigoneer.com)

Ahead of a 2017 decree, most natives that are vietnamesen’t permitted to gamble in the united kingdom’s casinos but foreign visitors could. In the beginning of this year, a government decree (Decree 03/2017/ND-CP) moved to alter this by introducing a three-year pilot scheme that would allow certain residents to gamble.

Although there have been conflicting reports about how the decree will in fact work in training, the overall idea is that locals with an income of at least VND10 million (US$443) will have a way to gamble in a casino.

Although this decree was designed to come into effect on March 15, the government has yet to issue a statement on how areas should implement the regulations.

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 Financial Institutions will have some impact in the laws.

As outlined in a report by VietnamNet May 30, the Ministry of Finance has been offered the charged power to grant businesses licenses to casino and video gaming solutions.

During this period, it’s not clear what this means in practice, but there clearly was the possibility it could give gaming operators and technology companies permission to operate within the united states. What’s known, however, is the fact that any business wanting to offer casino-based entertainment must spend a minimal capital of US$2 billion.

Furthermore, prospective companies must explain how it will tackle problems such as for instance problem gambling. Overall, the latest news still doesn’t give us even more of an insight into how Vietnam’s casino industry will evolve in real terms over the coming months.

Progress is Slow but Nevertheless a sign that is positive

But, there is clearly a sense among federal government officials that progress requires 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 method to redress the balance.

Allowing residents to pay money in neighborhood casinos has been seen as perhaps one of the most ways that are effective do this. Using this being a beginning point, an increase in casino-based activity thanks to newly licensed operators could stimulate spending that is further.

Although some more pieces associated with the puzzle should be lined up before the nationwide coffers can reap some great benefits of Decree 03/2017/ND-CP, it certainly looks as though things are transferring the right direction.

Leave a Reply

You must be logged in to post a comment.