31 May '17, 10am

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

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. Chinas 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 ... (

Full article: https://www.forexfactory.com/news.php?do=news&id=669313

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Why Singapore casinos can't collect from China's high rollers

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