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

Certainly one of the maximum players into the reputation for ping pong found himself in the spotlight that is global week, not for his accomplishments in dining table tennis, but alternatively for their apparent failures at the tables in a casino.

Kong Linghui had been such as the Michael Jordan of ping pong, a likeness even up to the point in gambling troubles that he allegedly got himself.

Kong Linghui, mentor of the Chinese women’s ping pong team, had been summoned on Monday to return to Asia simply as the 2017 World Table Tennis Championships were getting underway in Germany. He’s been suspended from the united group in the wake of a scandal over gambling debts.

Kong, a 41-year-old champion that is former one of the biggest players in the annals 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 almost $720,000 in markers.

Alleged Debts and Gambling Regrets

On Tuesday, Kong posted on Weibo, a popular Chinese social networking site, to explain that the debts weren’t his. He said the casino was visited by him in Lion City, Singapore, with friends and family, and used his line of credit so they could play while he ‘sat and observed.’

‘It is only until today after news reports have exposed the incident that I have learned somebody had left some debt unsettled aided by the casino,’ he stated in a declaration (as translated by Bing) on Weibo. ‘we am being dragged to the lawsuit. I’ve immediately requested 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.

‘we am deeply 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 Table Tennis Championships, and continue to fight for the honor associated with the motherland!’

Ping Pong Prince

Kong, referred to as ‘ping pong prince,’ is one of only a select few rivals to win the grand slam of 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 Olympic gold in 1996 and 2000.

Considered by his contemporaries as one of the most extremely complete and well-rounded table tennis players of all time, Kong is credited for shaking up a longtime European male dominance associated with sport within 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 also by the end of 1995 he was the top ranked player on earth.

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 united states.

Macau Residents Gambling More Frequently Than in Previous Years

Macau gambling revenues are finally beginning to trend in the direction that is right thanks to a return within the VIP segment, and mass marketing 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 also led to a slight bump in the resident gambling rate. (Image: Macau Loves Locals)

According to a paper posted by the scholarly Study of Commercial Gaming during the University of Macau, 51.5 % of city residents participated in some form of gambling during 2016. That’s two percent higher than what the poll that is same whenever it was last tallied in 2013.

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

Although the almost 52 percent majority shows that Macau habitants gamble with greater regularity than the overall Chinese population, the rate is still greatly reduced compared to 68 percent who admitted to participating in Macau back 2003.

Macau finished Hong Kong billionaire Stanley Ho’s monopoly on gambling after nearly four years in the early 2000s, and it 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 classic gambling proverb in China declares, ‘you do not know how lucky you are. unless you gamble,’

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

But thus far, there is little evidence, at the very least in line with the Macau University findings, that residents within 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 for the reason that category, just 10 (0.5 percent of the total pool) fell to the ‘severe’ grouping.

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

Gaming revenue plummeted from a most 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 in the process of wanting to advertise its reimagining to visitors that are potential. https://myfreepokies.com/21-dukes-casino/ Long understood 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 now enticing travelers to your area apart from gambling. One of 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 even attract new residents to Macau and bolster the local economy.

The Macau government expects to see visitor arrivals grow five % overall in 2017. That will create more demand, and theoretically, more jobs.

New City of nevada Logo Met with Disdain by Some Councilmembers for Being ‘Not Serious Enough’

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

The Las vegas, nevada logo design in the left happens to be called down for being not serious 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 some of the town’s council feeling that this new logo does not mirror its more side that is serious.

The girly, pink magenta script emblem was not meant to restore the town’s longtime existing seal, but rather to complement it. However, some bureaucrats think the brand new logo design is being used too frequently, and in places in which the city should present a more official-looking and image that is business-oriented.

‘When we look at the logo, that does not say official company to me, and that concerns me,’ Councilman Ricki Barlow said 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 isn’t being utilized strictly for advertising purposes. Indeed, the pink Las Vegas font now covers city that is official, letterhead, business cards, employee uniforms, and more.

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

How We Got Right Here

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

Victoria Hart’s Las Vegas logo emerged as the top choose in October 2016. Las Vegas paid her $10,000 for the idea, and invested another $50,000 performing the marketing plan that encompassed it.

Among the list of detractors to Hart’s design is City of vegas Mayor Carolyn Goodman. ‘ We are serious business here at the populous city,’ she explained of her opposition. Goodman was instrumental in taking downtown Las Vegas’ once somewhat shady image and turning it into a now-thriving business and arts center that features the Smith Center for the Performing Arts, footwear maker Zappos and also the edgy Container Park mall, where former shipping crates have actually 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 council that is recent, although the board says it’s going to continue the discussion in July. For the time being, an on-line 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 little humorous that the town of Las Vegas would be concerned their brand new logo design presents an image that is too flashy. The most gambling that is celebrated in the globe, both famed and notorious for its nightlife, is the epicenter associated with 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, though the northern end for the drag that is main usually cited at SLS Las Vegas (the previous 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,’ markings the southern end of the Strip, and is some 4.5 kilometers outside associated with actual city limits.

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 vegas hosts Fremont Street, which 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 Power is at it again. The bookmaker that is irish offers a slew of eccentric novelty prop bets, but right 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 fictitious holiness is smoking a cigarette. (Image: Paddy Power)

Bettors offshore can currently place bets on every thing from who will likely be the next pope, to which actor will change Daniel Craig and step into the iconic role of James Bond. Of program, there is also an excess of betting opportunities Donald that is surrounding Trump presidency.

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

Pope Props

At 76 years and 86 days 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 need to look for a leader that is new.

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) will also be into the running.

But so is U2 frontman Bono, at the very 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.

Relationship Bets

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

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

Nevertheless, the favorite on the question, ‘What year will Trump cease to be president?’ is ‘2020 or later’ at 11-10 today. This year does come with 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 much interest for his often times outlandish opinions and penchant for social media.

The sportsbook was even wanting to employ a US political expert for its newly created position, ‘Head of Trump Betting.’ Paddy energy took a beating on the November US election after it began spending on Hillary Clinton wagers prior to Americans shocking the world.

Peace Props

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

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

Notables consist of 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 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 place that is strange but a new move by the us government could be a sign things are starting to change.

Vietnam’s Ministry of Finance has been given the ability to grant business licenses to casino businesses to simply help national debt. (Image: saigoneer.com)

Ahead of a 2017 decree, most natives that are vietnamesen’t permitted to gamble in the united states’s casinos but foreign visitors could. In the beginning of this year, a government decree (Decree 03/2017/ND-CP) moved to change 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 actually work in practice, the overall idea is that locals with an income of at the least VND10 million (US$443) will have the ability to gamble in a casino.

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

Ministry of Finance Has Got the Power

Inspite of the lack of motion, the government has now said that the Ministry of Finance’s Department of Banking and finance institutions will have some influence regarding the laws.

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

During this period, it’s uncertain what this implies in practice, but there clearly was an opportunity it could give gaming operators and technology companies permission to operate within the united states. What exactly is understood, however, is that any business wanting to offer casino-based entertainment must invest a minimum capital of US$2 billion.

Furthermore, prospective companies must explain how it will tackle issues 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 genuine terms over the coming months.

Progress is Slow but Nevertheless a positive sign

Nevertheless, there is obviously a sense among government officials that progress requires to be made. With GDP slowing down in Q1 of 2017 and 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 pay money in regional casinos has been seen as very ways that are effective do this. Using this as a beginning point, a boost in casino-based activity because of newly licensed operators could stimulate further spending.

Although a few more pieces of this puzzle must be arranged ahead of the national coffers can enjoy the advantages of Decree 03/2017/ND-CP, it certainly looks as though things are transferring the direction that is right.

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