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

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Wednesday, 31 May 2017 | MYT 5:04 PM
[h=2]Why Singapore casinos can’t collect from China’s high rollers[/h] by julia hollingsworth





image: http://www.thestar.com.my/~/media/o...hash=499CA0CFA503B76F396F23AA3274A4937ABB1A6C
resorts-world-sentosa.ashx







Read more at http://www.thestar.com.my/business/...-from-china-high-rollers/#LwV1f2QpMfaRgXoR.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/...-from-china-high-rollers/#LwV1f2QpMfaRgXoR.99
 
Useless casinos were the second worst idea (first place = FT policy) by the Pap to grow the sinkie economy

Too bad Lky isn't around anymore to see all this shit happening today
 
Rich gets richer,poor gets poorer.funny how I can't even get a $50 loan when these idiots are rushing head over heels to give these PRCs 100 thousand dollar loans.better start applying for credit cards and improving my FICO score in case I need to borrow 100k from bank.
 
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Useless casinos were the second worst idea (first place = FT policy) by the Pap to grow the sinkie economy

Too bad Lky isn't around anymore to see all this shit happening today

It's not like LKY had any idea what's going on anyway,the MNCs probably lie to him about hiring sinkies when they have no intention of doing so behind his back,and that old fart will happily continue spouting his nonsense and bullshit about how he build this country.just like how China and the Swiss swindled their ass.for all his wit and intellect and brilliance,he couldn't smell the scam coming, these people are only good in the political arena, spouting doublespeak, bullshit,ass lubricant and asking sinkies to bend over.
 
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It's not like LKY had any idea what's going on anyway,the MNCs probably lie to him about hiring sinkies when they have no intention of doing so behind his back,and that old fart will happily continue spouting his nonsense and bullshit about how he build this country.just like how China and the Swiss swindled their ass.for all his wit and intellect and brilliance,he couldn't smell the scam coming, these people are only good in the political arena, spouting doublespeak, bullshit,ass lubricant and asking sinkies to bend over.

How dare you insult the great LKY. He is all seeing & all knowing. This is the person who tricked the Japanese & Sporeans.
Maybe he just didn't care about the lesser mortals of Spore? After all what can they do about it?
 
How dare you insult the great LKY. He is all seeing & all knowing. This is the person who tricked the Japanese & Sporeans.
Maybe he just didn't care about the lesser mortals of Spore? After all what can they do about it?

iv thought about that but in the end it still doesnt make sense,they thought the deals were going to make them look prestigious but in the end it made them and Singapore look like complete fools.and PAP hates nothing more than losing face.if he or singapore was in the loop couldnt he have negotiated a better outcome?the chinese and the swiss duped him through and through simple as that.the fact they even walked into the trap shows just how clueless.....

and besides LKY did not trick the Japs,the Japs have us by the balls,give LKY that order of the rising sun cordon 2 award was a masterpiece art of bullshit.the japs occupied us for 3 years and slaughtered 70,000 of us like pigs and never one did we bring the matter subject up to the Japs......Uragirimono i believe thats the Jap word for LKY.hope china nuke the shit out of SG.

LKY may be a smooth talker but a skilled tactician in the world of business and global finance he is not,the only thing LKY was good at was presenting our asses on a silver platter to our enemies or whoever is willing to give him a medal and a award.
 
Useless casinos were the second worst idea (first place = FT policy) by the Pap to grow the sinkie economy

Too bad Lky isn't around anymore to see all this shit happening today

If he around will b glad to step over him to enter one
 
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