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 international spotlight this week, not for their accomplishments in table tennis, but alternatively for his 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, coach of the women that are chinese ping pong team, had been summoned on Monday to return to China just as the 2017 World Table Tennis Championships had been getting underway in Germany. He’s got been suspended from the team in the wake of a scandal over gambling debts.

Kong, a 41-year-old former champion considered one of the biggest players in the real history associated with the game, was known as 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

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 utilized his personal credit line so they could play while he ’sat and observed.’

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

According to 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 paid back s$550,000. That left an unpaid balance equivalent to US $320,000.

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

Table Tennis Prince

Kong, known as the ’ping pong prince,’ is certainly one of only a choose few competitors to win the grand slam of dining table tennis titles. During their heyday in the late 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 gold 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 most extremely complete and table that is well-rounded players of all time, Kong is credited for shaking up a longtime European male dominance associated with the sport within the 1990s.

The Chinese government delivered him to Sweden to study the great players. He returned to China in 1993 with exactly what he had learned, and by the final 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 nation.

Macau Residents Gambling More Frequently Than in Previous Years

Macau gambling profits are finally beginning to trend in the direction that is right thanks to a return into the VIP segment, and mass advertising 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 reduced spaces and entertainment packages also generated a slight bump in the resident gambling rate. (Image: Macau Really Loves Locals)

Based on 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 kind of gambling during 2016. That’s two percent higher than just what the poll that is same when it absolutely was last tallied in 2013.

Funded by the Macau personal Welfare Bureau, the examination is always to track gambling habits of locals, and monitor whether residents are 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 years in 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 fortune, fate, and fortune. An old gambling proverb in China declares, ’If you don’t gamble, you don’t know how happy you are.’

That’s 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 to date, there is little evidence, at least based on the Macau University findings, that residents into 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 in to the ’severe’ grouping.

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

Video 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 within the process 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 2nd or third.

A Macau that is recent tourism concluded that there are lots of factors that are now enticing travelers to your area apart from gambling. On the list of key non-gaming factors would be the quality of the resorts, food and beverage establishments, duty-free shopping, and events and entertainment.

Preferably, those components may also 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 revealed last fall is receiving blended reviews through the city council. While many tourists don’t get it, the town of Las Vegas is distinct from the greater Strip that is glamourous encompasses primarily the downtown Fremont Street area, from a gambling perspective.

The Las vegas, nevada logo design in the left happens to be called away for being not serious enough for the ’we mean company’ message that Mayor Carolyn Goodman and other councilmembers want to industries that are potential their city. (Image: City of Las Vegas/Collage:

But a burgeoning business and arts climate has left a number of the city’s council feeling that the brand new logo does not reflect its more serious side.

The girly, pink magenta script emblem was not meant to change the town’s longtime existing seal, but alternatively to complement it. However, some bureaucrats believe the brand new logo is being utilized constantly, and in places in which 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 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 issue, according to those voicing concerns over the colorful identity, is that the logo design isn’t being used strictly for marketing purposes. Certainly, the pink nevada font now covers official city vehicles, letterhead, business cards, employee uniforms, and more.

’ All I’ve seen was simply the disappearing of the city seal,’ Barrow concluded.

How We Got Right Here

Of a 12 months and a half ago, the town desired a new marketing identity. 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 style, and invested another $50,000 executing the advertising plan that encompassed it.

Among the list of detractors to Hart’s design is City of nevada Mayor Carolyn Goodman. ’ We are serious company here at the city,’ she explained of her opposition. Goodman was instrumental in using downtown Las Vegas’ once image that is somewhat shady making it a now-thriving company and arts center that includes the Smith Center for the Performing Arts, footwear manufacturer Zappos together with edgy Container Park retail complex, where former 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 was made within a council that is recent, though the board claims it’ll continue the discussion in July. For the time being, an online store selling branded materials with all the red emblem is set to launch next week.

Too Flashy for Las Vegas?

Some might find it a bit 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 regarding the tourism and hospitality industries.

But the certain area most site 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, although the northern end of this drag that is main frequently cited at SLS Las Vegas (the previous Sahara), simply south associated with observation tower.

And the most famous Las Vegas sign, the marquee landmark that reads, ’Welcome to Fabulous nevada,’ marks the southern end of the Strip, and is some 4.5 kilometers outside of this city that is actual.

Despite often being referred to as the less chichi cousin of the Strip and all sorts of its glitz and glamor, the City of Las Vegas nevertheless has plenty to crow about these days. Along with its business and arts districts renaissance, Downtown vegas is home to Fremont Street, that is now outpacing the Strip with regards to casino revenue percentage gains in present months.

From Next Pope to Bond, Paddy Power the ultimate goal of Novelty Betting

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

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

While Paddy energy’s listings are as comical as ever, they’ve taken a softer tone compared to past years. The site received plenty of controversy some in 2008 for asking if newly inaugurated President Barack Obama will 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 energy is counting down the occasions before the Roman Catholic Church will have to look for 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) are in the running.

But so is U2 frontman Bono, at the very 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.

Relationship Wagers

Craig stated recently he’d ’rather slash his wrists’ than play 007 once again, meaning Bond producers are scurrying to discover 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). A few 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 office that is leaving his first term expires are growing longer. Earlier this month, bettors felt there was a decent opportunity of the 45th commander in chief being ousted before 2020.

Nevertheless, today the favorite in the question, ’What 12 months will Trump cease to be president?’ is ’2020 or later’ at 11-10. This season does have 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 of this free world, and justifiably so. Trump generates interest that is much his often times outlandish comments 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 energy took a beating on the November US election after it began paying out on Hillary Clinton wagers prior to Americans shocking the world.

Peace Props

Finally, Paddy energy is ready to see who you might think is going to win the Nobel Peace Prize when it is announced this October.

Pope Francis leads the real way at even money, accompanied 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 is at 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 strange destination, but a new move by the us government could be a sign things are starting to change.

Vietnam’s Ministry of Finance was offered the energy to grant business licenses to casino organizations to aid national debt. (Image:

Ahead of a 2017 decree, many natives that are vietnamesen’t allowed to gamble in the united states’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.

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

Even though this decree was designed to come into impact on March 15, the national government has yet to issue a statement on what regions should implement the laws.

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 capacity to grant companies licenses to casino and video gaming services.

During this period, it is unclear what this means in practice, but there clearly was a chance 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 casino-based entertainment must spend a minimum capital of US$2 billion.

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

Progress is Slow but Nevertheless a sign that is positive

However, there is actually a sense 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 way to redress the balance.

Allowing residents to spend money in neighborhood casinos has been seen as probably one of the most ways that are effective do that. Using this being a starting point, an upsurge in casino-based activity as a result of newly certified operators could stimulate further spending.

Although some more pieces of this puzzle must be lined up ahead of the national coffers can enjoy the many benefits of Decree 03/2017/ND-CP, it certainly looks as though things are relocating the right direction.

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