31 May '17, 6am

Why #Singapore casinos can’t collect from #China’s high rollers https://t.co/oY0Z2Voz7l

Former Olympic gold medallist Kong Linghui is being sued in Hong Kong by the Marina Bay Sands resort in Singapore over his HK$2.55 million (US$329,000) gambling debt. China’s ‘ping-pong prince’ suspended from coaching duties after being sued by Singapore hotel Each year, millions of mainlanders head to Macau, a special administrative zone of China and the only place in China where gambling is legal. A small number of mainlanders - like Kong - also head to Singapore, where there are only two gambling resorts. But these casinos are facing difficulties attracting Chinese gamblers, and have even more issues than their Macau counterparts when it comes to recovering their debts. How many mainlanders go to Singapore to gamble? Last year, tourist arrivals and spending in the city state hit record highs, buoyed by the arrival of mainland Chinese visitors. Over 2.86 million stopped ...

Full article: http://www.scmp.com/news/china/diplomacy-defence/article/...

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