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

gurjinder March 13, 2020 Views 49

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

Certainly one of the greatest players in the reputation for ping pong found himself in the worldwide spotlight this week, not for his accomplishments in dining table tennis, but instead for their apparent failures at the tables in a casino.

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

Kong Linghui, advisor of the Chinese women’s ping pong team, ended up being 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 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 history associated with 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 the casino was visited by him 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 just until today after news 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. ‘I am being dragged to the lawsuit. I’ve immediately required the indebted to show up and clarify the known facts.’

Based on 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 event regarding the team,’ 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 motherland!’

Table Tennis Prince

Kong, known as the ‘ping pong prince,’ is certainly one of only a choose few competitors to win the slam that is grand of tennis titles. 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 their 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 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 what he had learned, and also by the end of 1995 he was the top ranked player on the planet.

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 right direction, 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’s the neighborhood resident.

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 entertainment packages additionally led to a bump that is slight the resident gambling rate. (Image: Macau Really Loves Locals)

In accordance with a paper posted by the scholarly Study of Commercial Gaming during the University of Macau, 51.5 per cent 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 was last tallied in 2013.

Funded by the Macau Social Welfare Bureau, the examination is always to keep tabs on gambling habits of locals, and monitor whether residents tend to be 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 ended Hong Kong billionaire Stanley Ho’s monopoly on gambling after nearly four decades in the early 2000s, and has now been monitoring the social effects of the casino industry’s liberalization ever since.

Study Results

Like many other Asian cultures, the Chinese have actually a tendency to gamble as a result of strong belief in luck, fate, and fortune. An old gambling proverb in China declares, ‘you do not know how lucky you are. if you do not gamble,’

That’s 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 up to now, there’s little evidence, at the very least based on the Macau University findings, that residents in the city are experiencing disproportionate gambling addiction 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 the in that category, just 10 (0.5 percent of the pool that is total fell in to the ‘severe’ grouping.

Assuming the information is correct, that means simply 3,250 of Macau’s projected 650,000 residents are currently putting up with from a 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 the high 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 within the means of attempting to advertise its reimagining to prospective visitors. Long known for its plethora of casinos, resorts are marketing their amenities first, and gambling a distant second or third today.

A recent Macau tourism report concluded that there are numerous factors that are now enticing travelers to your area 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.

Preferably, those elements will even attract new residents to Macau and bolster the economy that is local.

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 Las Vegas Logo Met with Disdain by Some Councilmembers for Being ‘Not Serious Enough’

An official ‘City of Las Vegas’ logo that was unveiled fall that is last receiving mixed reviews through the city council. While many tourists don’t understand 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 viewpoint.

The Las Vegas logo design in the left is called away for being not severe enough for the ‘we mean company’ message that Mayor Carolyn Goodman as well as 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 a number of the town’s council feeling that the latest logo does not reflect its more serious side.

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

‘When we look during the logo, that does not say official company to me, and that concerns me personally,’ Councilman Ricki Barlow stated at a recent conference. ‘The seal [on the other side] says official business.’

The problem, 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 simply the disappearing of the city seal,’ Barrow concluded.

Exactly How We Got Here

About a year and a half ago, the town 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 concept, and invested another $50,000 executing the marketing plan that encompassed it.

Among 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 taking downtown Las Vegas’ once image that is somewhat shady turning it into a now-thriving company and arts center which includes the Smith Center for the Performing Arts, footwear maker Zappos while the edgy Container Park mall, where former shipping crates have actually been changed 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 recent council meeting, although the board states 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 town of Las Vegas would get worried their brand new logo 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 associated with the tourism and hospitality industries.

But the certain area most 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 associated with primary drag is usually cited at SLS Las Vegas (the previous Sahara), just south of 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 miles outside associated with actual city limitations.

Despite often being referred to as the less chichi cousin of the Strip and all sorts of its glitz and glamor, the town 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, which can be now outpacing the Strip in terms of casino revenue percentage gains in current 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 at this time, the British sportsbook is outdoing itself.

Paddy Power 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 overseas can currently place wagers on everything from whom are the next pope, to which actor will change Daniel Craig and step into the iconic role of James Bond. Of course, addititionally there is an excess of betting opportunities Donald that is surrounding Trump presidency.

While Paddy energy’s listings are because comical as ever, they’ve taken a softer tone than in previous years. The web site received an abundance of controversy 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 times old, Pope Francis ended up being 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 have to find 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) will also be in the running.

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

Relationship Bets

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

Paddy energy is obsessed with the new leader associated with the world that is free and justifiably so. Trump yields interest that is much his at times outlandish comments and penchant for social media.

The sportsbook had been even attempting to hire 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 having to pay on Hillary Clinton wagers prior to Americans shocking the world.

Peace 22 dukes casino bonus codes 2017 Props

Finally, Paddy energy is able to see who you might think goes to win the Nobel Peace Prize when it is 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 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 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 new move by the 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 aid national debt. (Image: saigoneer.com)

Prior to a 2017 decree, many natives that are vietnamesen’t permitted to gamble in the nation’s casinos but foreign visitors could. 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 at the start of this year.

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 supposed to enter into impact on March 15, the national government has yet to issue a statement how areas should implement the regulations.

Ministry of Finance Gets the Energy

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 offered the capacity to grant businesses licenses to casino and gaming services.

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

Furthermore, potential companies must explain how it will tackle dilemmas such as problem gambling. Overall, the latest news still doesn’t give us a great deal 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 good 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 debt that is publicas a share of GDP) increasing by more than 12 percent since 2011, ministers are now searching for a way 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 repeat this. Taking this as being a beginning point, an upsurge in casino-based activity because of newly certified operators could stimulate further spending.

Although a few more pieces for the puzzle should be prearranged before the nationwide coffers can enjoy the advantages of Decree 03/2017/ND-CP, it certainly looks as though things are relocating the right direction.

Categories

Leave a comment

Name *
Add a display name
Email *
Your email address will not be published
Website