Chinese Table Tennis Legend Suspended Over Gambling Debts with Sands Casino in Singapore
One of the maximum players in the history of ping pong found himself in the global limelight this week, not for their accomplishments in dining table tennis, but rather 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 Chinese women’s table tennis team, was summoned on Monday to return to China just as the 2017 World Table Tennis Championships were getting underway in Germany. He has been suspended from the united team in the wake of a scandal over gambling debts.
Kong, a 41-year-old former champion considered one of the best players in the real history of 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
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 utilized his line of credit so they could play while he ‘sat and observed.’
‘It is only until today after media reports have exposed the incident he said in a statement (as translated by Google) on Weibo that I have learned someone had left some debt unsettled with the casino. ‘we am being dragged in to 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 a balance that is unpaid to US $320,000.
‘I am profoundly disturbed by the impact that is negative of event in the group,’ Kong wrote. ‘ i will work with my team to eliminate interference and make every effort in this global World ping pong 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 choose few rivals to win the slam that is grand of 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 his contemporaries as one of the very complete and table that is well-rounded players of all time, Kong is credited for shaking up a longtime European male dominance of the sport in the 1990s.
The Chinese government delivered him to Sweden to study the great players. He returned to China in 1993 with what he had learned, and 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 Chinese government waived a mandatory 15-day detention because of his sporting success for the united states.
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’s the resident that is local.
In early 2016, Macau’s six resort that is integrated launched a regional’s campaign that provides various non-gaming perks to city dwellers. But reduced rooms and entertainment packages also led to a slight bump in the resident gambling rate. (Image: Macau Really Loves Locals)
Based on a paper posted by the scholarly Study of Commercial Gaming at the University of Macau, 51.5 % 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 personal Welfare Bureau, the assessment is to keep tabs on gambling habits of locals, and monitor whether residents tend to be more prone to gambling that is developing.
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 early 2000s, and contains been monitoring the social effects of the casino industry’s 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. An old gambling proverb in China declares, ‘If you are doingn’t gamble, you are doingn’t know how lucky 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 individuals Republic in 1999.
But to date, there is little evidence, at the very least based on the Macau University findings, that residents in 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 fashion that classified them as ‘probable disordered gamblers.’ And of those in that category, just 21 dukes casino games 10 (0.5 percent of the pool that is total fell to the ‘severe’ grouping.
Assuming the info is correct, that means just 3,250 of Macau’s estimated 650,000 residents are currently putting up with from a severe gambling problem. However, the report however concluded that ‘there is still room for people to boost their awareness and understanding’ when it comes to gambling disorders.
Video Gaming revenue plummeted from the most 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 procedure of attempting 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 remote 2nd or third.
A Macau that is recent tourism concluded that there are many factors that are actually enticing travelers towards the region apart from gambling. Among 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 components will even attract new residents to Macau and fortify the economy that is local.
The Macau government expects to see visitor arrivals grow five percent overall in 2017. That will generate more demand, and theoretically, more jobs.
Brand New City of vegas Logo Met with Disdain by Some Councilmembers for Being ‘Not Serious Enough’
An official ‘City of Las Vegas’ logo that was revealed last fall is receiving mixed reviews through the city council. While many tourists don’t understand it, the town of nevada is distinct from the more Strip that is glamourous encompasses mainly the downtown Fremont Street area, from a gambling viewpoint.
The Las Vegas logo regarding the left is called away for being not serious enough for the ‘we mean business’ message that Mayor Carolyn Goodman as well as 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 city’s council feeling that the newest logo doesn’t reflect its more side that is serious.
The girly, pink magenta script emblem was not meant to displace the city’s longtime existing seal, but instead to complement it. However, some bureaucrats think the new logo is being used too frequently, and in places where the city should present a more official-looking and image that is business-oriented.
‘When I look during the logo, that does not say official business to me, and that concerns me personally,’ Councilman Ricki Barlow stated at a recent meeting. ‘The seal [on the other side] says official business.’
The issue, according to 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’ve seen was basically the disappearing of the populous city seal,’ Barrow concluded.
Exactly How We Got Right Here
Of a 12 months and a half ago, the town sought a marketing identity that is new. Designers submitted 20 ideas, and after councilmembers narrowed them down to four, they opened it as much as vote that is public 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 concept, and spent another $50,000 executing the marketing plan that encompassed it.
Among the detractors to Hart’s design is City of Las vegas, nevada Mayor Carolyn Goodman. ‘ We are serious company here at the town,’ she explained of her opposition. Goodman ended up being instrumental in taking downtown Las Vegas’ once image that is somewhat shady turning it into a now-thriving business and arts center which includes the Smith Center for the Performing Arts, footwear maker Zappos and also the edgy Container Park shopping mall, where former shipping crates have been changed 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 throughout a recent council meeting, although the board says it’ll 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 might find it a little humorous that the City of Las Vegas would fret their new logo design presents a too flashy image. The most celebrated gambling town in the world, both famed and notorious for its nightlife, could be the epicenter of the tourism and hospitality industries.
But the area most 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 for the drag that is main usually cited at SLS Las vegas, nevada (the previous Sahara), just south for the observation tower.
And the most famous Las Vegas sign, the marquee landmark that reads, ‘Welcome to Fabulous Las Vegas,’ markings the southern end of the Strip, and is some 4.5 miles outside associated with the actual city limitations.
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 business and arts districts renaissance, Downtown vegas houses Fremont Street, which can be now outpacing the Strip when it comes to 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 bets, but now, the British sportsbook is outdoing itself.
Paddy Power is getting its pope mobile back out on the road to promote its papal betting lines. And yes, we believe this fictitious holiness is smoking a cigarette. (Image: Paddy Power)
Bettors overseas can currently place wagers on every thing from whom will be 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 also an excess of betting opportunities surrounding Donald Trump’s presidency.
While Paddy Power’s listings are as comical as ever, they’ve taken a softer tone than in past years. The web site received plenty of debate some in 2008 for asking if newly inaugurated President Barack Obama will be assassinated during his first term.
At 76 years and 86 times old, Pope Francis had been the ninth oldest pope to ever be elected to the papacy in 2013. Now 80, Paddy energy is counting down the occasions until the Roman Catholic Church will have to find a new leader.
Cardinal Luis Antonio Tagle (Philippines) is the favourite 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 into the running.
But so is U2 frontman Bono, at the very 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.
Craig stated recently he’d ‘rather slash his wrists’ than play 007 once again, meaning Bond producers are scurrying to find a new name star.
Paddy Power believes it’s Jack Huston’s to lose (2-1), followed by Tom Hardy and Tom Hiddleston (4-1). Several funny longshots include 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 odds of Trump leaving workplace before 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, today the favorite on the question, ‘What year 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 Power is obsessed with the new leader of this free world, and justifiably so. Trump generates much interest for his in some instances outlandish opinions and penchant for social media.
The sportsbook had been even wanting to hire 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 paying out on Hillary Clinton wagers prior to Americans shocking the world.
Finally, Paddy energy is able to see who you might think goes 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 defense that is civil, 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 an alternative 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 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 energy to grant business licenses to casino businesses to simply help national debt. (Image: saigoneer.com)
Prior to a 2017 decree, many Vietnamese natives weren’t permitted to gamble in the country’s casinos but foreign visitors could. At the start of this year, a government decree (Decree 03/2017/ND-CP) moved to alter 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.
Although this decree was meant to enter into effect on March 15, the government has yet to issue a statement on what regions should implement the regulations.
Ministry of Finance Gets the Power
The government has now said that the Ministry of Finance’s Department of Banking and Financial Institutions will have some influence on the regulations despite the lack of movement.
As outlined in a report by VietnamNet May 30, the Ministry of Finance has been provided the charged power to grant businesses licenses to casino and video gaming solutions.
At this time, it’s ambiguous what this means in practice, but there is the possibility it could give gaming operators and technology companies permission to operate within the nation. What’s understood, however, is the fact that any business wanting to offer entertainment that is casino-based spend a minimal capital of US$2 billion.
Furthermore, prospective companies must explain how it will tackle issues such as for instance problem gambling. Overall, the news that is latest still doesn’t give us a great deal more of an understanding of how Vietnam’s casino industry will evolve in genuine terms over the coming months.
Progress is Slow but Nevertheless a sign that is positive
But, there is clearly an atmosphere among government officials that progress needs to be made. With GDP slowing down in Q1 of 2017 and debt that is publicas a portion of GDP) increasing by more than 12 percent since 2011, ministers are now buying a solution to redress the balance.
Allowing residents to spend money in regional casinos has been seen as very effective ways to do this. Taking this being a starting point, an increase in casino-based activity because of newly licensed operators could stimulate further spending.
Although some more pieces regarding the puzzle should be lined up before the nationwide coffers can enjoy the benefits of Decree 03/2017/ND-CP, it certainly looks as though things are moving in the right direction.