The two most important days in your life are the day you are born and the day you find out why.
—Mark Twain
| INVITE FRIENDS! |
| It's a no for the casino |
Residents of Taiwan's outlying Kinmen islands have rejected a proposal to authorize casino gambling.
How did the residents vote?
Kinmen residents went to the polls on Saturday to approve or reject the proposal to establish an "international holiday resort complex" that would dedicate 5% of its physical space to casino gambling. Nearly 90% of the 24% of total voters who turned out for the vote thumbed down the proposal.
What a disappointing voters' turnout!
The referendum held in the Kinmen Islands could be traced back to the go-signal given by the Taiwanese national government in 2009. During that time, the national government authorized the construction of casinos in the islands, provided local residents approved the plans via referendums.
But were they the first to reject the proposal?
No. Two previous referendums in the Penghu islands also rejected casino proposals by similarly large margins.
Setting up a casino in these islands is a big challenge.
That is true. There's been scant interest from major international casino operators in establishing a presence in Taiwan's outlying islands due to a lack of critical infrastructure. Also, China, its biggest target market, isn't exactly in the best terms with Taiwan.
Takeaway
The vote against setting up a casino in the Kinmen Islands would definitely weaken any future efforts to authorize casino gambling, at least in the short term.
| FEATURED VIDEO |
Ronald Sanders: Antigua needs to find money somewhere
In this interview with Becky Liggero, Antiguan Ambassador to the United States Ronald Sanders gives an update on the rebuilding efforts in Barbuda following the devastating Category 5 Hurricane Irma.
| GLOBAL ROUND UP |
| AUSTRALIA |
Australia's Black Economy Taskforce (BET) warned against a high-tech money laundering scheme that targets Australian punters.
| NORTH AMERICA |
US tribal casino operator Hard Rock International (HRI) has appointed Edward Tracy as its new CEO of Asian operations.
| PACIFIC ISLANDS |
Saipan's Commonwealth Casino Commission Vice Chairman Joseph Reyes has expressed his concerns that the IPI will not hit its October 2018 deadline to open its casino.
| FACT YOU NEED TO KNOW |
Daily fantasy sports sites DraftKings and FanDuel spent more than $500 million on advertising in 2015, saturating television sports and radio with their brands.
| TIP OF THE DAY |
Marketing an online poker site won't be successful if you rely on the "build it and they will come" mindset. In addition to your poker site, consider having an online casino and a sportsbook to complement it.
| PRESS RELEASE |
SBTech launches mobile-focused "Add2Bet" enhancement to its industry-leading Sportsbook
SBTech announced the launch of Add2Bet, its newest cutting-edge Live Betting feature.
| SHOUT OUT |
The tenth week of the Premier League was action-packed! Both Manchester clubs prevailed while Everton remained in the bottom three after another loss. For more details on the Premier League, follow Lee Davy!
| DAMN IT! SHARE IT |
Email [email protected]
