Taiwan lifts casino ban
Two Taiwanese nuns chant Buddhist sutras while joining a demonstration outside parliament in Taipei against a bill aimed to lift the ban on casinos on January 12. Taiwan’s parliament on Monday voted through a controversial bill lifting a decades-old ban on casinos — despite protests that gambling could lead to a damaging decline in public morality.
Related Casino News:
- Casino tycoon Stanley Ho’s son mulls building casinos in Taiwan
- UK Focus) 2009-09-28 06:55 Taiwan stocks hit 2-wk low; casino-linked shrs fall
- UK Focus) 2009-09-28 02:22 Taiwan stocks fall, casino-related shares plunge
- Taiwan county turns down casinos in referendum
- Small Talk: AMZ quick to place its bets on Taiwan casino development
- Taiwan island seeks investors to create casino resort
- Taiwan mulls end to casino ban
- Taiwan to allow up to two casino resorts
- MGM Mirage in talks for casinos in Taiwan
- Taiwan Casino Plans Revealed
- Voters’ rejection of gambling may kill Navegante Group’s casino plans in Taiwan
- Taiwan islands vote no to casino
Casino gambling information:
- During the 1950s, the Senate Committee to Investigate Organized Crime in Interstate Commerce held a number of hearings on criminal influence in the casino industry. The committee was chaired by Senator Estes Kefauver, and the committee is also known by his name.
- Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
- Up to the 1960s, Nevada was plagued by teamster financing, hidden ownership, employment of individuals of questionable character and background, and the clear links to organized crime.
- Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
RSS feed
