Serious Casinos swindled by PRC Tiongs, cannot collect money after they run road to C

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Wednesday, 31 May 2017 | MYT 5:04 PM
Why Singapore casinos can’t collect from China’s high rollers

by julia hollingsworth





image: http://www.thestar.com.my/~/media/on...74A4937ABB1A6C







Read more at http://www.thestar.com.my/business/b...2QpMfaRgXoR.99

HONG KONG: 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.

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?
Read more at http://www.thestar.com.my/business/b...2QpMfaRgXoR.99


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