Chinese Table Tennis Legend Suspended Over Gambling Debts with Sands Casino in Singapore

Chinese Table Tennis Legend Suspended Over Gambling Debts with Sands Casino in Singapore

One of the maximum players within the reputation for table tennis found himself in the worldwide spotlight this week, not for their accomplishments in dining table tennis, but rather 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 that he allegedly got himself in gambling troubles.

Kong Linghui, mentor of the Chinese women’s table tennis team, ended up being summoned on Monday to return to Asia just as the 2017 World Table Tennis Championships were getting underway in Germany. He’s got 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 for the 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

On Tuesday, Kong posted on Weibo, a popular Chinese social networking 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 personal credit line so they could play while he ‘sat and observed.’

‘It is until today after media reports have exposed the incident that I have learned some one had left some debt unsettled utilizing the casino,’ he said in a declaration (as translated by Google) on Weibo. ‘we am being dragged in to the lawsuit. I have immediately required the indebted to show up and clarify the facts.’

Based on the lawsuit filed by Sands against Kong, the casino stretched him S$1 million in credit during A february trip in 2015, of which he’s got since compensated back s$550,000. That left a balance that is unpaid to US $320,000.

‘we am deeply disturbed by the impact that is negative of event regarding the group,’ Kong wrote. ‘ I will work with my group to eliminate interference and make every work in this World Table Tennis Championships, and continue to fight for the honor associated with motherland!’

Ping Pong Prince

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

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

Considered by his contemporaries as one of the very complete and table that is well-rounded players of them all, Kong is credited for shaking up a longtime European male dominance regarding the sport within 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 learned, and also by the end of 1995 he was the top ranked player worldwide.

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 beginning to trend in the right direction, thanks to a return into the VIP segment, and mass advertising efforts from casino resorts. But there’s another aspect in the reversal of fortune, and that is the resident that is local.

In early 2016, Macau’s six integrated resort operators launched a regional’s campaign that provides various non-gaming perks to city dwellers. But reduced spaces and activity packages additionally led to a bump that is slight the resident gambling rate. (Image: Macau Loves Locals)

In accordance with a paper published by the scholarly Study of Commercial Gaming during 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 poll that is same when it absolutely was last tallied in 2013.

Funded by the Macau Social Welfare Bureau, the assessment is to track gambling habits of locals, and monitor whether residents tend to be more prone to developing gambling addictions.

As the nearly 52 percent majority shows that Macau habitants gamble more often than the overall Chinese population, the rate is still greatly lower compared to the 68 percent who admitted to participating in Macau back in 2003.

Macau ended Hong Kong billionaire Stanley Ho’s monopoly on gambling after nearly four decades in the first 2000s, and has now 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. An old gambling proverb in China declares, ‘If you don’t gamble, you are doingn’t understand just how happy you are.’

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

But to date, there’s little evidence, at least based on the Macau University findings, that residents into the city are experiencing gambling that is disproportionate rates.

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

Assuming the data is correct, that means simply 3,250 of Macau’s approximated 650,000 residents are currently putting up with from the severe gambling issue. However, the report nonetheless concluded that ‘there is still room for folks to improve their awareness and understanding’ when it comes to gambling disorders.

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

More Than Gambling

Macau is in the means of wanting to advertise its reimagining to visitors that are potential. Long known for its plethora of casinos, today resorts are marketing their amenities first, and gambling a distant second or third.

A recent Macau tourism report concluded that there are numerous facets that are actually enticing travelers towards the region apart from gambling. One of the key non-gaming factors will 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 regional 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 vegas Logo Met with Disdain by Some Councilmembers for Being ‘Not Serious Enough’

An official ‘City of Las Vegas’ logo which was revealed last fall is receiving blended reviews from the town council. While many tourists don’t understand it, the city of vegas is distinct from the greater Strip that is glamourous encompasses primarily the downtown Fremont Street area, from a gambling viewpoint.

The Las Vegas logo on the left has been called out for being not severe enough for the ‘we mean company’ message that Mayor Carolyn Goodman and 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 number of the town’s council feeling that the new logo does not reflect its more serious side.

The girly, pink magenta script emblem wasn’t meant to change the town’s longtime existing seal, but rather to complement it. However, some bureaucrats believe the brand new logo is being utilized too often, 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 doesn’t say official business to me, and that concerns me,’ Councilman Ricki Barlow stated at a recent conference. ‘The seal [on the other side] says official business.’

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

‘ All i have seen was simply the disappearing of the city seal,’ Barrow concluded.

How Exactly We Got Here

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

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

One of the detractors to Hart’s design is City of Las Vegas Mayor Carolyn Goodman. ‘ We are serious business here at the populous town,’ she explained of her opposition. Goodman ended up being instrumental in using downtown Las Vegas’ once notably shady image and turning it into a now-thriving company and arts center that features the Smith Center for the Performing Arts, footwear manufacturer Zappos while the edgy Container Park plaza, where previous shipping crates have been turned into storefronts.

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

No motion to repeal Hart’s logo design was made within a council that is recent, although the board claims it will continue the discussion in July. For the time being, an online store selling branded materials aided by the pink emblem is set to launch next week.

Too Flashy for Las Vegas?

Some will dsicover it a bit humorous that the town of Las Vegas would get worried their new logo design presents an image that is too flashy. The most celebrated gambling town in the world, both famed and notorious for its nightlife, is the epicenter of this tourism and hospitality industries.

But the certain area many visitors call Las Vegas is found in the unincorporated towns of Paradise and Winchester in Clark County. The Stratosphere is the only Strip resort inside the city boundaries, though the northern end regarding the primary drag is often cited at SLS Las Vegas (the previous Sahara), simply south for 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 associated with the city that is actual.

The City of Las Vegas still has plenty to crow about these days despite often being referred to as the less chichi cousin of the Strip and all its glitz and glamor. Along with its company and arts districts renaissance, Downtown Las Vegas is home to Fremont Street, which can 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 bookmaker that is irish 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 overseas can currently place bets on every thing from whom are the pope that is next to which star will replace Daniel Craig and step into the iconic role of James Bond. Of program, 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 than in past years. The site received a great amount of debate some in 2008 for asking if newly inaugurated President Barack Obama could be assassinated during his first term.

Pope Props

At 76 years and 86 times old, Pope Francis had been the ninth pope that is oldest to ever be elected to the papacy in 2013. Now 80, Paddy energy is counting down the occasions before the Roman Catholic Church will need to locate 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) may also be within the running.

But so is U2 frontman Bono, at least according to Paddy energy. The philanthropist and musician 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.

Bond Bets

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

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

Nonetheless, the favorite on the question, ‘What year will Trump cease to be president?’ is ‘2020 or later’ at 11-10 today. This season does include the shortest that is next at 13-8, followed by 2018 (10-2) and 2019 (9-1).

Paddy Power is obsessed with the new frontrunner regarding the world that is free and justifiably so. Trump generates interest that is much his in certain cases outlandish opinions and penchant for social media.

The sportsbook had been even trying to employ a US expert that is political its newly created position, ‘Head of Trump Betting.’ Paddy energy took a beating on the November US election after it began having to pay on Hillary Clinton bets prior to Americans shocking the world.

Peace Props

Finally, Paddy energy is ready to see who you believe is certainly going to win the Nobel Peace Prize when it’s announced this October.

Pope Francis leads the real way at even money, accompanied 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 are at 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 an option 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 place, but a brand new move by the federal government could be a sign things are starting to change.

Vietnam’s Ministry of Finance is given the power to grant business licenses to casino companies to help debt that is national. (Image: saigoneer.com)

Ahead of a 2017 decree, most Vietnamese natives weren’t permitted to gamble in the nation’s casinos but foreign visitors could. From the beginning with 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.

Though there have been conflicting reports about how the decree will actually work in practice, the typical idea is locals with earnings of at least VND10 million (US$443) will be able to gamble in a casino.

Although this decree was supposed to come into impact on March 15, the national government has yet to issue a statement on how regions should implement the regulations.

Ministry of Finance Has the Energy

Regardless of the lack of movement, the government has now said that the Ministry of Finance’s Department of Banking and Financial Institutions will have some impact in the regulations.

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

At this time, it’s confusing what this implies in practice, but there was the possibility it could give gaming operators and technology companies permission to operate within the united states. What’s understood, however, is that any business wanting to offer entertainment that is casino-based invest a minimal capital of US$2 billion.

Furthermore, potential companies must explain how it will tackle problems such as problem gambling. Overall, the news that is latest still doesn’t give us even more of an understanding of how Vietnam’s casino industry will evolve in genuine terms over the coming months.

Progress is Slow but Still a sign that is positive

Nonetheless, there is actually a sense among government officials that progress requires to be made. With GDP slowing down in Q1 of 2017 and general public debt (as a percentage of GDP) increasing by more than 12 percent since 2011, ministers are now looking for a method to redress the balance.

Allowing residents to spend money in regional casinos has been seen as one of the more effective ways to do this. Using this as a starting 21 dukes casino review 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 must be arranged before the national coffers can reap the advantages of Decree 03/2017/ND-CP, it certainly looks as though things are moving in the direction that is right.