One of the best players within the reputation for 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 just like the Michael Jordan of ping pong, a likeness even up to the point which he allegedly got himself in gambling problems.
Kong Linghui, mentor of the Chinese women’s ping pong team, ended up being 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 group in the wake of the scandal over gambling debts.
Kong, a 41-year-old former champion considered one of the best players in the annals for 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
On Tuesday, Kong posted on Weibo, a popular Chinese social networking website, 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 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 have learned someone had kept some debt unsettled aided by the casino,’ he said in a declaration (as translated by Bing) on Weibo. ‘I am being dragged in to the lawsuit. I have immediately requested the indebted to show up and clarify the known facts.’
According to the lawsuit filed by Sands against Kong, the casino extended him S$1 million in credit during A february journey in 2015, of which he’s since paid back s$550,000. That left an unpaid balance equivalent to US $320,000.
‘we am profoundly disturbed by the impact that is negative of event regarding the group,’ Kong wrote. ‘ I 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 associated with motherland!’
Table Tennis Prince
Kong, known as the ‘ping pong prince,’ is one of only a select 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 most complete and table that is well-rounded players of them all, Kong is credited for shaking up a longtime European male dominance for 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 just what he had discovered, and by the 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 country.
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 element in the reversal of fortune, and that’s the resident that is local.
In early 2016, Macau’s six integrated resort operators launched a regional’s campaign that provides various non-gaming perks to city dwellers. But discounted rooms and activity packages additionally resulted in a bump that is slight the resident gambling rate. (Image: Macau Really Loves Locals)
In accordance with a paper published by the scholarly Study of Commercial Gaming during the University of Macau, 51.5 percent of city residents participated in some type of gambling during 2016. That’s two percent higher than what the same poll concluded when it was last tallied in 2013.
Funded by the Macau Social Welfare Bureau, the assessment would be to keep tabs on gambling habits of locals, and monitor whether residents are far more prone to developing gambling addictions.
Even though the almost 52 percent majority shows that Macau habitants gamble more often than the general Chinese populace, 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 decades in early 2000s, and contains 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. An old gambling proverb in China declares, ‘you don’t know how lucky you might be. if you don’t gamble,’
That’s why the government that is chinese banned nearly all forms of wagering throughout its long history. Macau, a former portuguese territory, only became part of the People’s Republic in 1999.
But to date, there is little evidence, at the very least in line with the Macau University findings, that residents within the city are experiencing gambling that is disproportionate rates.
Of the 2,000 respondents 22 dukes online casino surveyed, only 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 pool that is total fell to the ‘severe’ grouping.
Assuming the information is correct, that means just 3,250 of Macau’s calculated 650,000 residents are currently putting up with from the severe gambling issue. However, the report nevertheless concluded that ‘there is still room for folks to improve their awareness and understanding’ when it comes to disorders that are gambling.
Video Gaming revenue plummeted from the high of $45 billion in 2013, to $28 billion last 12 months, 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 prospective visitors. Long understood for its plethora of casinos, resorts are marketing their amenities first, and gambling a distant second or third today.
A present Macau tourism report figured there are numerous factors that are actually enticing travelers towards the region apart from gambling. Among the list of key non-gaming factors will be the quality of the resorts, food and drink establishments, duty-free shopping, and events and entertainment.
Ideally, those components will also attract new residents to Macau and strengthen the local economy.
The Macau government expects to see visitor arrivals grow five % overall in 2017. That will generate more demand, and theoretically, more jobs.
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 fall that is last receiving blended reviews through the town council. While many tourists don’t realize 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 in the left has been called down for being not severe 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 a few of the city’s council feeling that this new logo does not mirror its more serious side.
The girly, pink magenta script emblem wasn’t meant to replace town’s longtime existing seal, but rather to complement it. However, some bureaucrats believe the brand new logo design is being used constantly, and in places where in actuality the city should present a more official-looking and business-oriented image.
‘When I look at the logo, that does not 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, based on those voicing concerns over the colorful identity, is that the logo design is not being utilized strictly for advertising purposes. Certainly, the pink nevada font now covers official city vehicles, letterhead, business cards, employee uniforms, and more.
‘ All I’ve seen was basically the disappearing of the city seal,’ Barrow concluded.
How We Got Right Here
Of 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 up to 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 idea, and spent another $50,000 performing the marketing plan that encompassed it.
One of the detractors to Hart’s design is City of Las Vegas Mayor Carolyn Goodman. ‘ We are serious business here at the town,’ she explained of her opposition. Goodman had been instrumental in taking downtown Las Vegas’ once somewhat shady image and turning it into a now-thriving company and arts center that features the Smith Center for the Performing Arts, shoe manufacturer Zappos as well as the edgy Container Park mall, where previous 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 new look, while Bob Coffin asked, ‘Have we overthought it?’
No motion to repeal Hart’s logo was made throughout a council that is recent, although the board states it’s going to continue the discussion in July. In the meantime, an on-line store selling branded materials aided by the pink emblem is set to launch next week.
Too Flashy for Las Vegas?
Some might find it a little humorous that the City of Las Vegas would fret their brand new logo design presents an image that is too flashy. The most celebrated gambling town in the globe, both famed and notorious for its nightlife, could be the epicenter of this tourism and hospitality industries.
But the area many site 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 of the primary drag is usually cited at SLS Las vegas, nevada (the former Sahara), just south for the observation tower.
And the most famous Las Vegas sign, the marquee landmark that reads, ‘Welcome to Fabulous Las Vegas,’ 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 town of Las Vegas still has plenty to crow about these days. Along with its business and arts districts renaissance, Downtown Las vegas, nevada 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 Holy Grail of Novelty Betting
Paddy Power is at it again. The bookmaker that is irish offers a slew of eccentric novelty prop wagers, but 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 believe this fictitious holiness is smoking a cigarette. (Image: Paddy Power)
Bettors offshore can currently place wagers on every thing from who are going to be the next pope, to which star will change Daniel Craig and step into the iconic role of James Bond. Of program, there’s 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 compared to previous years. The site received lots of debate some in 2008 for asking if newly inaugurated President Barack Obama would be assassinated during his very first term.
At 76 years and 86 times 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 before the Roman Catholic Church will need to locate a 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) are within the running.
But so is U2 frontman Bono, at the 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.
Craig stated 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(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 leaving office before his first term expires are growing longer. Earlier this month, bettors felt there had been a decent chance of the 45th commander in chief being ousted before 2020.
Nonetheless, the favorite on the question, ‘What year will Trump cease to be president?’ is ‘2020 or later’ at 11-10 today. In 2010 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 regarding the world that is free and justifiably so. Trump yields much interest for his in some instances outlandish comments and penchant for social media.
The sportsbook was 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.
Finally, Paddy energy is ready to see who you believe goes to win the Nobel Peace Prize when it is announced this October.
Pope Francis leads the way at even money, followed closely 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 are 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 federal government could be a sign things are starting to change.
Vietnam’s Ministry of Finance has been provided the energy to grant business licenses to casino businesses to simply help debt that is national. (Image: saigoneer.com)
Just before a 2017 decree, many natives that are vietnamesen’t allowed to gamble in the united states’s casinos but foreign visitors could. At the start of the 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.
Even though there have been conflicting reports about how the decree will really work in practice, the typical idea is the fact that locals with an income of at least VND10 million (US$443) will have a way to gamble in a casino.
Although this decree was designed to come into effect on March 15, the government has yet to issue a statement how areas should implement the regulations.
Ministry of Finance Gets the Power
Regardless of the lack of motion, the government has now said that the Ministry of Finance’s Department of Banking and banking institutions will have some influence regarding the laws.
As outlined in a report by VietnamNet May 30, the Ministry of Finance has been given the capacity to grant organizations licenses to casino and gaming solutions.
At this time, it is unclear what this means in practice, but there is certainly the opportunity it could give gaming operators and technology companies permission to operate within the united states. 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, potential companies must explain how it will tackle dilemmas such as for example problem gambling. Overall, the news that is latest still doesn’t give us a lot more of an insight into how Vietnam’s casino industry will evolve in real terms over the coming months.
Progress is Slow but Nevertheless a sign that is positive
However, there is clearly a sense among federal government officials that progress needs to be made. With GDP slowing down in Q1 of 2017 and debt that is publicas a percentage of GDP) increasing by more than 12 percent since 2011, ministers are now buying a way to redress the balance.
Allowing residents to pay money in regional casinos has been seen as probably one of the most ways that are effective try this. Taking this being a starting point, an increase in casino-based activity thanks to newly licensed operators could stimulate spending that is further.
Although some more pieces of this puzzle have to be arranged prior to the national coffers can enjoy the many benefits of Decree 03/2017/ND-CP, it certainly looks as though things are moving in the direction that is right.