Chinese Table Tennis Legend Suspended Over Gambling Debts with Sands Casino in Singapore
One of the best players into the reputation for table tennis found himself in the worldwide spotlight this week, not for his accomplishments in 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 ladies’ table tennis team, ended up being summoned on Monday to return to China simply as the 2017 World Table Tennis Championships had been getting underway in Germany. He’s 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 annals associated with the game, was called 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 used his personal credit line so they could play while he ‘sat and observed.’
‘It is only until today after news reports have exposed the incident that I discovered some body had left some debt unsettled aided by the casino,’ he stated in a statement (as translated by Bing) 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 journey in 2015, of which he has since paid back s$550,000. That left a balance that is unpaid to US $320,000.
‘I am deeply disturbed by the impact that is negative of incident regarding the team,’ Kong wrote. ‘ we will work with my team to eliminate interference and make every effort in this World ping pong Championships, and carry on to fight for the honor of the motherland!’
Table Tennis Prince
Kong, known as the ‘ping pong prince,’ is one of just a choose 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 ping pong World Cup, and table tennis events at the Olympics, where he won two gold medals and a silver.
The 41-year-old Kong won Olympic gold in 1996 and 2000.
Considered by his contemporaries as one of the most complete and well-rounded ping pong players of all time, Kong is credited for shaking up a longtime European male dominance associated with sport within the 1990s.
The Chinese government sent him to Sweden to study the great players. He returned to China in 1993 with what he had learned, and by the end of 1995 he was the top rated player on the planet.
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 displaying success for the united states.
Macau Residents Gambling More Frequently Than in Previous Years
Macau gambling revenues are finally starting to trend in the direction that is right thanks to a return in the VIP segment, and mass marketing efforts from casino resorts. But there’s another factor in the reversal of fortune, and that’s the regional 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 rooms and entertainment packages also led to a small bump in the resident gambling rate. (Image: Macau Really Loves Locals)
In accordance with a paper published by the scholarly Study of Commercial Gaming at the University of Macau, 51.5 % of city residents participated in some type of gambling during 2016. That’s two percent higher than what the same poll concluded whenever it absolutely was last tallied in 2013.
Funded by the Macau Social Welfare Bureau, the examination would be to monitor gambling habits of locals, and monitor whether residents are far more prone to gambling that is developing.
Whilst the nearly 52 percent majority shows that Macau habitants gamble more frequently than the general Chinese population, the rate is still greatly lower compared to 68 per cent who admitted to participating in Macau back in 2003.
Macau finished Hong Kong billionaire Stanley Ho’s monopoly on gambling after nearly four years in the early 2000s, and has now been monitoring the social effects of the casino industry’s liberalization ever since.
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,’
This is exactly 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 so far, there’s little evidence, at least based on the Macau University findings, that residents within 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 for the reason that category, just 10 (0.5 percent of the pool that is total fell to the ‘severe’ grouping.
Assuming the info is correct, that means simply 3,250 of Macau’s believed 650,000 residents are currently suffering from the severe gambling problem. However, the report however concluded that ‘there is still room for individuals to boost their awareness and understanding’ when it comes to gambling disorders.
Gaming revenue plummeted from the 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 process of wanting to advertise its reimagining to visitors that are potential. Long known 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 many factors that are now actually enticing travelers to the region other than gambling. Among the list of key non-gaming facets would be the quality of the resorts, food and drink establishments, duty-free shopping, and events and entertainment.
Preferably, those elements will even attract new residents to Macau and bolster the neighborhood economy.
The Macau government expects to see visitor arrivals grow five percent 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 last fall is receiving mixed reviews through the town council. While many tourists don’t understand it, the town of Las Vegas is distinct from the greater amount of glamourous Strip, and encompasses mainly the downtown Fremont Street area, from a gambling viewpoint.
The vegas logo on the left has been called away for being not severe enough for the ‘we mean business’ message that Mayor Carolyn Goodman along with 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 few of the town’s council feeling that the newest logo doesn’t reflect its more serious side.
The girly, pink magenta script emblem was not meant to change the city’s longtime existing seal, but instead to complement it. However, some bureaucrats believe the brand new logo design is being utilized constantly, and in places where in actuality the city should present a more official-looking and business-oriented image.
‘When we look during the logo, that doesn’t say official business to me, and that concerns me,’ Councilman Ricki Barlow said at a meeting that is recent. ‘The seal [on the other hand] says official business.’
The issue, according to those voicing concerns over the colorful identity, is that the logo is not being used strictly for advertising purposes. Certainly, the pink nevada 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 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 winner.
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 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 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 that includes the Smith Center for the Performing Arts, shoe maker Zappos and the edgy Container Park retail center, 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 look that is new while Bob Coffin asked, ‘Have we overthought it?’
No motion to repeal Hart’s logo design was made throughout a council that is recent, although the board states it’s going to continue the discussion in July. For the time being, an on-line store selling branded materials using the red emblem is set to launch next week.
Too Flashy for Las Vegas?
Some will dsicover it a bit humorous that the City of Las Vegas would be concerned their brand new logo design presents a too flashy image. The most gambling that is celebrated in the world, both famed and notorious for its nightlife, could be the epicenter associated with the tourism and hospitality industries.
But the certain area many 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 associated with primary drag is often 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,’ marks the southern end of the Strip, and is some 4.5 kilometers outside of 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, nevada hosts Fremont Street, that is now outpacing the Strip with regards to casino revenue percentage gains in current months.
From Next Pope to Bond, Paddy Power the Holy Grail of Novelty Betting
Paddy energy is at it again. The Irish bookmaker always offers a slew of eccentric novelty prop bets, but right now, the UK sportsbook is outdoing itself.
Paddy energy is getting its pope mobile back out on the road to promote its papal betting lines. And yes, we think this fictitious holiness is smoking a cigarette. (Image: Paddy Power)
Bettors overseas can currently place wagers on everything from who is going to be the next pope, to which actor 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 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 is assassinated during his first term.
At 76 years and 86 days old, Pope Francis was the ninth pope that is oldest to ever be elected to the papacy in 2013. Now 80, Paddy Power is counting down the days until the Roman Catholic Church will need 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) may also be in the running.
But so is U2 frontman Bono, at 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.
Craig said recently he’d ‘rather slash his wrists’ than play 007 once more, meaning Bond producers are scurrying to discover 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). A couple of 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 possibility of the commander that is 45th chief being ousted before 2020.
However, today the favourite on the question, ‘What 12 months will Trump cease to be president?’ is ‘2020 or later’ at 11-10. This year does include the next shortest odds at 13-8, followed by 2018 (10-2) and 2019 (9-1).
Paddy energy is obsessed with the new frontrunner associated with free world, and justifiably so. Trump creates interest that is much his oftentimes outlandish opinions and penchant for social media.
The sportsbook was even wanting 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 paying out on Hillary Clinton bets prior to Americans shocking the world.
Finally, Paddy energy is preparing to see whom you imagine 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 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 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 place that is strange but a brand new move by the government could be a sign things are starting to change.
Vietnam’s Ministry of Finance has been offered the power to grant business licenses to casino organizations 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 kingdom’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 meant to enter into influence on March 15, the national government has yet to issue a statement how areas should implement the laws.
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 given the charged power to grant businesses licenses to casino and gaming services.
During this period, it’s unclear what this means in practice, but there clearly was the opportunity it could give gaming operators and technology companies permission to operate within the nation. What exactly is known, however, is any business wanting to offer casino-based entertainment must spend a minimal capital of US$2 billion.
Furthermore, potential companies must explain how it will tackle issues such as problem gambling. Overall, the news that is latest still doesn’t give us way 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 obviously a feeling among federal government officials that progress requires to be made. With GDP slowing down in Q1 of 2017 and general public debt (as a portion of GDP) increasing by more than 12 percent since 2011, ministers are now buying a option to redress the balance.
Allowing residents to pay money in regional casinos has been seen as one of the more ways that are effective try this. Taking this as being a starting point, an escalation in casino-based entertainment because of newly certified operators could stimulate spending that is further.
Although some more pieces of the puzzle have to be lined up prior to the national coffers can reap some great benefits of Decree 03/2017/ND-CP, it certainly looks as though things are transferring the right direction.