Saturday, 27 September 2014

Anything Under the Sun: China Corruption Blitz Hits Macau Junkets

REBLOG> Anything Under the Sun: China Corruption Blitz Hits Macau Junkets:
SavySeph's Original Blog

Laundering Money

Corruption

Rotten gamblers, especially the whale bettors, could be mistaken for money laundering. This may be the assumption of Chinese President, Xi Jinpin. His crackdown on corrupt officials and tycoons is starting to drain China. This almost 2 years blitz had caused the sale of luxury good to dwindle and the VIP rooms at Macau casinos to slow down. It had driven rotten gamblers to other gambling destinations. This is like sending away the goose that laid the golden egg to your fellow neighbors. The claim of coming by a windfall from the casino is not that easy to justify with the generous amount of surveillance camera covering the casino. Coming up with the bankroll to make the amass the extraordinary win would be a great question mark.

Macau's Casino Junket Squeeze

The prolonged crackdown is now starting to squeeze the junkets in Macau. As the Chinese economy dragged its feet, the whale gamblers shy away. In Macau, whale gamblers will punt HK$1 million without second thoughts. Junkets who lend them money and settle their debts are not longer as flexible as debt recovery is not as easy. Authorities are digging junkets for information on Junkets are had left the industry. Chinese officials suspected of corruption who may be laundering money through Macau. The pressure is too much that, "I can't sleep at night. There are just too many problems," said one 54-year-old junket operator who didn't want to be named because of the sensitivity of the issue. "I'm not optimistic for the future of the VIP junket industry here." Of Macau's 220 licensed junket firms, at least 15 have shut up shop in the big casinos this year the Reuters reported on 24 Sep 2014.


My Comments

China's government had always portrayed they will not compromise in the pursuit of their policy. The blitz will continue at the expanse of a shattered Macau's economy.

Wednesday, 24 September 2014

iPhone6 Bends in Your Pocket

Warped iPhone6

Being the first to use the iPhone6 turns out to be a disadvantage. The launching of the new Apple product was greeted with the same enthusiasm. People were willing to camp overnight to get a good spot in the queue to buy it. Others would pay an exorbitant premium just to be early user of the product. These users are not complaining that the phone warped under pressure.

Warped iPhone6

Design Flaw

The unexpected design has been widely reported on the Internet and has already been dubbed "bend-gate." Users complained that the metal is too soft and it bends under pressure after being carried around in their pocket for long periods of time. With a thinner and larger aluminum body, the phone just don't stand up to the wear and tear of staying in a pocket, the CBS News reported on 24 Sep 2014.

Filling Bottles: Restaurateur Drugged Customers with Poppy Laced No...

REBLOG> Filling Bottles: Restaurateur Drugged Customers with Poppy Laced Noodles...:
Sue DaJi's Original Blog

Addictive Noodles

A restaurant owner in Yan'an, Shaanxi province cunningly added an addictive ingredient into his noodles to keep his customers coming back. Zhang uses poppy buds, which he crushed up into powder and mixed into meals as his secret recipe. An anti-narcotics police agent said that chemicals from poppy, even poppy seedpods, could build up in the body to be tested positive for opiates on a drug test. When ingested over long period, it could cause addiction. Zhang was detained for questioning for 10 days. He confessed that he purchased 2kg of poppy shells for 600 yuan.

Poppy plant

Poppy Laced Noodles Exposed

Zhang's plot was exposed when Liu Juyou was tested positive for drugs during a routine urine test under an anti-drink-driving check. The 26-year-old patron of the restaurant was shock by the test result because he never touched illegal substances. He was detained for 15 days. To clear himself Liu asked his family members to do a urine test after eating noodles from the restaurant. After confirming Liu suspicion, the authorities investigated the restaurant.

Poppy Users

Being an unconscious user and victim of Zhang's unscrupulous profiteering practice, Liu appealed against his detention. The police dismissed the case on the ground that laws were design to detect drugs and punish drug users. Opium, heroin, morphine, marijuana and any other anesthetic and psychotropic drugs which can be addictive are illegal in China. "Poppy shells used to be an ingredient in a popular hot pot sauce until the product was banned", the South China Morning Post reported on 24 Sep 2014.


My Comments

Being a regular customers do have some setbacks.

On Empty Thoughts: Alcohol Ban at Stratford Supercasino

REBLOG> On Empty Thoughts: Alcohol Ban at Stratford Supercasino:
Guerrilla Gamblers' Original Blog

Violence at Gambling Outlets

p>I will update Gambling Tales Facebook and Google Plus Page with this article on Violence at Gambling Outlets. Alcohol never ceases to cause trouble for Aspers Casino in Westfield Stratford City. Since they have so much trouble handling their drinks, it had been taken away from them.

Alcohol Ban

A recent news dated 23 Sep 2014 from the Newham Recorder the Supercasino has had its alcohol license revoked by Newham Council after security staff allegedly "beat up" a punter. A Newham Council spokesperson said: "The decision was made in view of the seriousness of the incident and the police and licensing sub-committee’s concerns about the casino’s ability to prevent crime and disorder. The suspension will remain in force until a full licensing review hearing." Aspers Casino will not be able to serve alcohol or food from 23:00 to 05:00.

Aspers Casino

The Incident

The incident took place on Saturday night of 20 September. CCTV footage of the assault on the customer by a security staff showed that the customer sustained "severe injury". The involvement of alcohol in the attack was not mentioned by the press. Aspers Casino did not comment on the incident.

Banning Use of Glasses

Two week ago the casino was banned from using glasses to serve drinks and the casino resorted to using plastic cups. This was following two serve cases of glassing. One resulted in an inch long cut to the victim’s head which required gluing. In the other case, the glass used to commit the crime was thrown away by casino staff, leading to the loss of vital evidence (see Newham Recorder's report on 9 September).


My Comments

This is disgraceful. A supercasino had disciplinary problems.

Tuesday, 23 September 2014

Pest in Midst: Laggard to the Casino Industry

REBLOG> Pest in Midst: Laggard to the Casino Industry:
XingCai's Original Blog

Casino Industry in Asia

Singapore is considered a laggard to the casino industry in comparison to her neighbor, Malaysia. To make up for being half-a-century late Singapore decided to have two casinos. Other Asian countries - Vietnam, Korea, Sri Lanka, Cambodia and Japan - are joining the bandwagon to intensify the fight for gamblers patronage. Like good foodies, gamblers will travel the extra mile for a wager.

The Singaporean Stunted Growth

Macquarie, a leading financial services provider in Australia, "think the Singapore gaming market cannot grow." They noted that the gross gaming revenue (GGR) for the nation had plateau around $6 billion a year since 2011. "After three big years, tourist arrivals in Singapore have started to decline (down 3 percent year-to-July) and most importantly, Chinese visitors who form more than 50 percent of Singapore VIP volume have fallen by 29 percent year-to-date," Macquarie said. VIP volumes make up around 80 percent of the city-state's total gaming volume, it said [CNBC 23 Sep 2014].

Resort World, Singapore

Singaporean Senseless Optimism

Carey Wong, an analyst at OCBC, is optimistic about the situation. He sees the drop in overseas visitors to be temporary as it is partly due to China's economic slowdown and corruption crackdown. He said, "Once things die down, we'll see the return of these high rollers," he said. "From an Asian perspective, Asians will gamble regardless of good times or bad. It's different from a Western perspective, where gaming is more for leisure." Wong does not seem to make much sense when he claimed that economic slowdown was the cause of decline in Chinese visitors yet advocating that bad times will not stop Asian gamblers. Singapore's strong currency and lack of tourist attraction in their tiny island is more likely the cause for their failure to attract foreigners.


My Comments

The OCBC analyst contradicts himself. I guess he is carrying a Singaporean invincible arrogant in his mouth. But seriously he talks through his ass.

Time Is a Thief: Taxi Fares Lowest in Beijing

REBLOG> Time Is a Thief: Taxi Fares Lowest in Beijing:
Amenda Steels' Original Blog

Highest Taxi Fares

Taxi fares for Beijing is the lowest in the cheapest among international cities. Survey shows that Tokyo had the highest taxi fares in the world the China Daily reported on 23 Sep 2014. A man takes a taxi near Beijing Railway Station

International cities highlighted by the daily are a per table below.

International Cities Fare for 10km in Euros
Tokyo 25.39
Hamburg 22.60
London 22.39
Dortmund 18.10
New York 13.98
Paris 12.20
Beijing 3.78

My Comments

Transportation is a basic need. It should be affordable.

Sunday, 21 September 2014

Ben Affleck Admits Counting Cards in Casinos

Advantage Players

Savy Seph gave a good explanation of advantage players. "The advantage players have an edge over the house given that they tend to win more than they lose. While cheating at casinos is a criminal activity, advantage players use legitimate means to beat the house. Since they play by the rules, they deserve to pocket their winnings. The casinos may frown on the advantage players but they are not able to use legal means to throw advantage players in jail. This shows that the law recognizes advantage players to be a different kettle of fish from the unethical cheaters." Card counting, a form of advantage play, was used by Ben Affleck at the Hard Rock Casino in Vegas to win $800,000 in May 2014.

Ben Affleck Admits

Sky News had a few interesting quotes from Affleck in their 18 Sep 2014 article. "That is a true story. I mean, that took place. I took some time to learn the game and became a decent blackjack player," he said. "And once I became decent, the casinos asked me not to play blackjack. I mean, the fact that being good at the game is against the rules at the casinos should tell you something about casinos."

Casino as a Sore Loser

Blackjack is the only casino game that is vulnerable to a good system. The casino is a sore loser and they will reject your patronage. "They don't even want you to have a sporting chance, really. There's a lot of hospitality, backslapping, when they think you're gonna come in and dump money, and if they think you might leave with some money, it's like, 'You know what? Why don't you try craps or roulette?'."

Affleck and Garner

Dispelling Rumors

Affleck dispelled the rumors surrounding his visit to the Hard Rock Casino in May. With respect to being kicked out of the premises he said, "I wish I could say they were afraid of me in every capacity, but they only said, 'No blackjack'. That would be awesome [if they threw me out]. 'Get him outta here! He's a magician!' Unfortunately, they just came up and said: 'We can't let you play blackjack. But we have other table games. We have Chinese poker'." Affleck also rejects reports that his blackjack playing was affecting his marriage to actress Jennifer Garner.