One of the best players within the reputation for ping pong found himself in the spotlight that is global week, not for his accomplishments in table tennis, but instead for his apparent failures at the tables in a casino.
Kong Linghui ended up being like the Michael Jordan of ping pong, a likeness even to the position in gambling troubles that he allegedly got himself.
Kong Linghui, coach of the Chinese women’s table tennis 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 biggest players in the history associated with game, was called 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 he visited the casino 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 media reports have exposed the incident that I discovered some body had left some debt unsettled with the casino,’ he said in a declaration (as translated by Google) on Weibo. ‘I am being dragged into 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 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.
‘I 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 ping pong Championships, and carry on to fight for the honor of the motherland!’
Ping Pong Prince
Kong, referred to as ‘ping pong prince,’ is one of only a choose few competitors to win the grand slam of dining table tennis games. During his heyday in the late 1990s and early 2000s, he won the World ping pong Championships, the ping pong World Cup, and table tennis events at the Olympics, where he won two silver medals and a silver.
The 41-year-old Kong won gold that is olympic 1996 and 2000.
Considered by their contemporaries as one of the very complete and well-rounded table tennis 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 just what he had discovered, and also 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 displaying success for the united states.
Macau Residents Gambling More Frequently Than in Previous Years
Macau gambling revenues are finally beginning to trend in the right direction, thanks to a return into the VIP segment, and mass advertising efforts from casino resorts. But there’s another aspect in the reversal of fortune, and that is the local resident.
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 bump that is slight the resident gambling rate. (Image: Macau Loves Locals)
In accordance with a paper published by the Study of Commercial Gaming at the University of Macau, 51.5 per cent of city residents participated in some form of gambling during 2016. That’s two percent higher than exactly what the poll that is same when it absolutely was last tallied in 2013.
Funded by the Macau personal Welfare Bureau, the assessment is to track 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 years in the first 2000s, and has now been monitoring the social impacts 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 vintage gambling proverb in China declares, ‘If you are doingn’t gamble, you are doingn’t understand how lucky you are.’
That is 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 individuals Republic in 1999.
But thus far, there is little evidence, at the very least according to 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 manner 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 simply 3,250 of Macau’s predicted 650,000 residents are currently suffering from a gambling problem that is severe. However, the report however concluded that ‘there is still room for folks to increase their awareness and understanding’ when it comes to disorders that are gambling.
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 procedure 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 concluded that there are many factors that are now actually enticing travelers to your region apart from gambling. Among the key non-gaming facets are 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 fortify the regional economy.
The Macau government expects to see visitor arrivals grow five percent overall in 2017. That will create more demand, and theoretically, more jobs.
Brand New City of Las vegas, nevada 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 mixed reviews from the town council. While many tourists don’t get it, the city of Las Vegas is distinct from the greater amount of glamourous Strip, and encompasses primarily the downtown Fremont Street area, from a gambling perspective.
The nevada logo in the left has been called out 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 a number of the town’s council feeling that this new logo doesn’t reflect its more serious side.
The girly, pink magenta script emblem wasn’t meant to change town’s longtime existing seal, but instead to complement it. However, some bureaucrats believe the brand new logo is being used constantly, and in places where in fact the city should present a more official-looking and business-oriented image.
‘When we look during the logo, that does not say official business to me, and that concerns me personally,’ Councilman Ricki Barlow stated at a meeting that is recent. ‘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 used strictly for marketing 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 basically the disappearing of the city seal,’ Barrow concluded.
Exactly How We Got Right Here
In regards to a year 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 up to vote that is public 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 performing the marketing plan that encompassed it.
One of the 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 using downtown Las Vegas’ once notably shady image and turning it into https://myfreepokies.com/21-dukes-casino/ a now-thriving company and arts center which includes the Smith Center for the Performing Arts, shoe maker Zappos and also the edgy Container Park retail center, where former shipping crates have actually 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 recent council meeting, 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 bit humorous that the City of Las Vegas would get worried 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, may be the epicenter associated with the tourism and hospitality industries.
But the 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, although the northern end associated with the main drag is usually cited at SLS Las vegas, nevada (the previous Sahara), simply south associated with 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 for the city that is actual.
Despite usually 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 times. Along with its business and arts districts renaissance, Downtown Las Vegas houses Fremont Street, that will be 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 constantly offers a slew of eccentric novelty prop bets, but at this time, the UK sportsbook is outdoing itself.
Paddy Power is getting its pope mobile back out on the path to promote its papal betting lines. And yes, we believe this holiness that is fictitious smoking a cigarette. (Image: Paddy Power)
Bettors offshore can currently place bets on every thing 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, additionally 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 site received a lot 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 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 days until the Roman Catholic Church will need 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) may also be 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.
Craig stated recently he’d ‘rather slash his wrists’ than play 007 once more, meaning Bond producers are scurrying to discover a new name star.
Paddy Power believes it’s Jack Huston’s to lose (2-1), 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 chances 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 commander that is 45th chief being ousted before 2020.
However, the favorite on the question, ‘What year will Trump cease to be president?’ is ‘2020 or later’ at 11-10 today. In 2010 does come with 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 of this world that is free and justifiably so. Trump yields much interest for his oftentimes outlandish opinions and penchant for social media.
The sportsbook was even trying to hire a US political expert for 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 who you would imagine goes to win the Nobel Peace Prize if it is announced this October.
Pope Francis leads the 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 are at 6-1.
Notables include 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 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 federal 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)
Just before a 2017 decree, most Vietnamese natives weren’t permitted to gamble in the country’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.
Even though this decree was supposed to come into effect on March 15, the government has yet to issue a statement on how regions should implement the laws.
Ministry of Finance Has 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 capacity to grant businesses licenses to casino and gaming services.
At this time, it is confusing what this signifies in practice, but there clearly was an opportunity it could give gaming operators and technology companies permission to operate within the country. What’s known, however, is any business wanting to offer entertainment that is casino-based invest a minimal capital of US$2 billion.
Furthermore, potential companies must explain how it will tackle dilemmas such as for instance problem gambling. Overall, the latest news still doesn’t give us even 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 an atmosphere among 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 method to redress the balance.
Allowing residents to invest money in regional casinos has been seen as one of the more ways that are effective do that. Taking this being a beginning point, an escalation in casino-based activity thanks to newly licensed operators could stimulate further spending.
Although some more pieces associated with puzzle need to be lined up before the national coffers can reap the many benefits of Decree 03/2017/ND-CP, it certainly looks as though things are relocating the direction that is right.