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Matsu Casino Project in Collaboration with Fuzhou!?

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Not sure if it's related to the forum here. Please remove it if it's an ideal topic to be discussed here.

But I recently read this news and I was stunned.

I guess that's why Taiwan would never be able to compete with Singapore: we do have too many bumblers.

http://focustaiwan.tw/ShowNews/WebNe...D=201302180036

Quote:

New transportation minister backs 'cross-strait gaming zone'
2013/02/18 20:27:17



Taipei, Feb. 18 (CNA) Transportation Minister Yeh Kuang-shih on Monday backed the idea of a special cross-Taiwan strait gaming zone in support of a casino resort on Matsu but stressed that some problems still had to be resolved.

The minister said after the new Cabinet's swearing-in ceremony Monday that he had a positive attitude toward the proposal but warned that authorities needed to be ready to deal with potential crimes such as money laundering.

"Since the proposal involves the two sides, we also have to see what China's attitude is toward the idea," Yeh said.

The proposal was reportedly made by Weidner Resorts, the one developer that has expressed substantive interest in building a casino resort in Matsu -- a Taiwan-held island chain just 16 kilometers off the coast of the city of Fuzhou in China.

According to the report, the developer said Fuzhou was willing to provide 700 hectares of land for an international tourist hotel where people could spend the night and gamble in Matsu during the day, taking advantage of convenient ferry services to get to Matsu and back.

The hotel in Fuzhou would be in addition to the 2,000-room hotel Weidner Resorts plans to build on the Matsu island of Beigan as part of the casino resort.

It marked the first time that Taiwan and China would pursue a gaming opportunity together, the report said.

The first step toward building a casino resort on Matsu was taken when the island chain's residents agreed to the idea in a July 2012 referendum that was strongly backed by Weidner Resorts.

But national gaming bills that would legalize casinos and establish a gambling regulatory agency still have to be submitted to the Cabinet and passed by Taiwan's Legislature before the casino project in Matsu can begin.

Yeh said he hoped the draft legislation could be given to the Executive Yuan within a month and referred to the Legislative Yuan for approval as soon as possible.

He also expressed the hope that a gambling agency could be established and would be given police powers and jurisdiction to control and administer related issues.

The location where the resort will be built will also be closely regulated, he said.

Talking about taking over as head of the ministry, Yeh said he was confident about the future because of the agency's hard-working staff.

Yeh said predecessor Mao Chi-kuo built a strong foundation for the ministry, meaning few changes were needed.

(By Claudia Liu, Wang Shu-fen and Nell Shen)

I have no idea if our innocent minister ever understands the purpose of having a casino resort. It will be really shocking if he thinks most revenue will come from roulette tables alone.

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