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Chinese personality Guo Meimei jailed for running illegal casino
High-profile Chinese internet personality Guo Meimei has been jailed for five years and fined 50,000 yuan ($7,800) for running an illegal casino.
The 24-year-old rose...
China crackdown puts spotlight on political risk in Asia
While most countries across Asia pose some degree of political risk, Taiwan is perhaps one of the more complex jurisdictions due to its relations with neighbouring China.Domestic politics, public opinion and cross-straits relations may all play a part as the island debates moves to allow a casino industry on its outlying islands. Bill Bryson, a senior advisor at Global Market Advisors, outlines some of the risks and mitigating factors.a) Possible change of ruling party: Taiwan is a full-fledged democracy, in which all elected government positions, including the President, are directly elected by the people of Taiwan. The current ruling party, the Chinese Nationalist Party (“KMT”), is generally favorably disposed towards creating a casino gaming industry and has a clear majority in the Taiwan legislature. The current opposition party, the Democratic Progressive Party (“DPP”), is generally not favorably disposed towards casino gaming, but is less concerned about the establishment of casino gaming on Kinmen and Matsu since it does not consider those two islands, which sit just off the coast of Fujian Province within sight of the Chinese mainland, to be part of Taiwan.
Reporter exposes China lottery corruption
A Xinhua News Agency reporter wrote a letter to China’s Ministry of Finance claiming that state-owned lottery enterprise, China Lottery Online Co, is engaged...
No legal grounds to strip Russia, Qatar of World Cup events
FIFA has responded to claims that Russia and Qatar could lose the right to host the World Cup events if evidence is presented showing...
Seven FIFA officials arrested on corruption charges
Seven serving FIFA officials including the current CONCACAF president were arrested in Switzerland on U.S. corruption charges and face extradition.
Swiss police arrested the seven,...
AFC and ICSS partner to enhance safety and security in Asian football
The Asian Football Confederation and the International Centre for Sport Security have signed a partnership agreement to strengthen safety and security in Asian football.
The...
Foreman working on Zhuhai Bridge jailed 15 months
A senior foreman working on the Zhuhai-Macau bridge was sentenced to 15 months in jail after being found guilty of trying to bribe a...
Engineers bribed to falsify soil tests
Macau’s Commission Against Corruption has found that two Civil Engineering Laboratory employees were bribed by an engineering company to falsify soil tests in a...
Chinese police track down suspect in Australia
Taking China’s anti-graft campaign one step further, Chinese police discretely traveled last year to the eastern suburbs of Melbourne to get a Chinese-born tour...
Macau VIP rooms closing amid corruption clampdown
Some 50 VIP rooms in Macau may close amid China’s clampdown on corruption, the Macau Daily reported, citing unnamed sources.
The rooms have also cut...