• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 16 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Kinmen aims to gazump Penghu in the casino bidding war

Newsdesk by Newsdesk
Sun 18 Oct 2009 at 16:00
2
SHARES
52
VIEWS
Print Friendly, PDF & Email

The outlying island of Kinmen may beat Penghu in the race to open Taiwan’s first casino resort.

It follows the surprise defeat of the pro-casino lobby in a referendum on Penghu last month. The poll result was a bitter blow to those locals and investors who have been campaigning on and off in government circles for 16 years for the right to allow Penghu to develop one or more casinos. The pro-lobby argued it would extend the tourism season into the winter and boost the flagging local economy.

By contrast, Kinmen, which lies only a few kilometres offshore from the Chinese Mainland, appears keen to get moving with the scheme. Last weekend, the Kinmen county government reportedly held the first meeting of a steering committee to discuss details.

Under Taiwan’s current system, Kinmen will also need to hold a referendum before anything can happen.

On 26th September, residents of Penghu unexpectedly rejected by 17,359 votes to 13,397 a proposal to allow gambling. A law passed by Taiwan’s legislature in January allows gambling offshore, but not on the main island of Taiwan.

While Penghu is in the middle of the Taiwan Strait, Kinmen—153 square kilometres in area—is only a short distance from Xiamen in Fujian province. Since 2001, a boat service has linked Kinmen with the Chinese Mainland. It’s been reported that in the last eight years, more than two million PRC residents have made the hour-long trip. Kinmen county is now pressing Taiwan’s central government in Taipei to build a bridge costing NTD10 billion (USD310 million) between the two places.

Environmentalists say Penghu and Kinmen have unspoilt environments. Pro-gaming lobbyists say they’re chronically underdeveloped. In both cases, it’s because under the isolationist policy in place until 1992, Taiwan turned them into island fortresses against a possible invasion by the PRC. President Chiang Kai-shek reportedly stationed 100,000 troops on Kinmen in a series of underground tunnels and bunkers and there was a curfew after dark.

There’s little sign yet, though, that divisions at national political level on casinos have been resolved, despite the big parliamentary majority recorded when the enabling legislation was passed at the beginning of this year. That parliamentary ‘yes’ may have been more an indication of the ruling government’s party loyalty and voting discipline than about genuine enthusiasm for the casino initiative, say some commentators on Taiwanese politics.

RelatedPosts

Reaching new heights

Reaching new heights

Mon 2 Dec 2024 at 17:24

Crypto casino EVO.io raises US$3 million from SABA Sports

Thu 3 Oct 2024 at 17:06
Patience pays

Taiwan court orders former Macau gambler to pay US$41 million to Melco Resorts in debt recovery case

Sat 28 Sep 2024 at 05:53
SABA Sports announces US$3 million seed investment into innovative crypto casino EVO.io

SABA Sports announces US$3 million seed investment into innovative crypto casino EVO.io

Tue 20 Aug 2024 at 13:45
Load More
Tags: Taiwan
Share1Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Knife’s edge

Editorial – Knife’s edge

by Andrew W Scott and Ben Blaschke
Tue 29 Apr 2025 at 15:14

Thailand’s Entertainment Complex journey is at a critical point, with the success or failure of the initiative to be determined...

The changing face of Macau

The changing face of Macau

by Ben Blaschke
Tue 29 Apr 2025 at 15:09

Inside Asian Gaming takes a deep dive into the new, post-COVID Macau where a revenue environment that seems to be...

Born again

Born again

by Pierce Chan
Tue 29 Apr 2025 at 14:47

Premiering in September 2010 at City of Dreams, The House of Dancing Water was a visionary creation by artistic maestro...

Richard Howarth – Testing the limits

Richard Howarth – Testing the limits

by Ben Blaschke
Tue 29 Apr 2025 at 13:17

Richard Howarth, Chief Business Officer APAC for global testing laboratory GLI, discusses his career journey and his passion for fast-paced...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Vietnam’s The Grand Ho Tram breaks ground on US$1 billion expansion, says government talks ongoing over “growth drivers”

Vietnam’s The Grand Ho Tram breaks ground on US$1 billion expansion, says government talks ongoing over “growth drivers”

by Ben Blaschke
Fri 16 May 2025 at 06:08

Vietnam’s The Grand Ho Tram broke ground Thursday on a new 35-hectare development that will, when complete, add a new five-star hotel complex, luxury resort villas, entertainment amenities and an international convention and exhibition center to its existing offering. The...

Fund established to support Nick Niglio family; memorial video released

Fund established to support Nick Niglio family; memorial video released

by Newsdesk
Fri 16 May 2025 at 05:05

After a recent visit to Ho Chi Minh City in Vietnam by Danny Tang and Andrew W Scott, both friends of the late Mr Nick Niglio, a fund has been established to support Nick’s family. As readers may be aware,...

Sub-concessions axed, license terms amended as Macau government reveals draft revisions to gaming law

Macau gaming tax down 3.9% in April to US$944 million

by Pierce Chan
Fri 16 May 2025 at 04:48

According to data released by Macau’s Financial Services Bureau, the Macau government's revenue from gaming taxes in April was approximately MOP$7.6 billion (US$944 million), a decrease of approximately 3.9% month-on-month. The April tax figure correlates to Macau’s gross gaming revenues for...

Evolution targets Philippines market with release of Super Color Game

Evolution targets Philippines market with release of Super Color Game

by Newsdesk
Thu 15 May 2025 at 12:46

Evolution has launched its latest quickfire live casino dice offering, Super Color Game, offering as many as 18 guaranteed multipliers of up to 1,000x in every game round. Super Color Game joins a new wave of ultra-fast live presenter games...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English