sihanoukville - china bans investment in casinos

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frank lee bent
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sihanoukville - china bans investment in casinos

Post by frank lee bent » Fri Oct 27, 2017 11:35 am

is this a bubble at bursting point? they seem to be deporting hundreds of young Chinese casino workers weekly.
wtf is going on?
bangkokhooker
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Re: sihanoukville

Post by bangkokhooker » Fri Oct 27, 2017 12:07 pm

What has some Chinese (Mostly Chinese with Indo, Plips and Viets) being deported got to do with billions of dollars in Chinese investment and land prices?
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vladimir
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Re: sihanoukville

Post by vladimir » Fri Oct 27, 2017 12:43 pm

It's called diversification, I believe.
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Re: sihanoukville

Post by Fourkinnel » Fri Oct 27, 2017 12:47 pm

Are they actually deporting? I would have thought if no WP yes, but others, maybe fined, confiscation of PC's etc.
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John Bingham
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Re: sihanoukville

Post by John Bingham » Fri Oct 27, 2017 12:52 pm

frank lee bent wrote:
Fri Oct 27, 2017 11:35 am
is this a bubble at bursting point? they seem to be deporting hundreds of young Chinese casino workers weekly.
wtf is going on?
I thought a lot of them were involved in online scams?
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Re: sihanoukville

Post by bangkokhooker » Fri Oct 27, 2017 12:54 pm

They are not casino workers but (VOIP) scammers (Some would say it is the same!) and get deported by request of the Chinese government.
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frank lee bent
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Re: sihanoukville

Post by frank lee bent » Fri Oct 27, 2017 1:15 pm

that is not what they call them on the khmer morning news

have billions already been invested, or is it all just promises?
bangkokhooker
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Re: sihanoukville

Post by bangkokhooker » Fri Oct 27, 2017 1:22 pm

No idea. Probably a bit of both.
Personally I think SHV is dead and the sooner I move the better. Probably Kampon Cham or Koh Kong.
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cptrelentless
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Re: sihanoukville

Post by cptrelentless » Fri Oct 27, 2017 1:50 pm

Certainly throwing their money about, try renting a house or apartment here. Everyone is having to move out to Klaing Leu. Can't all be VOIP scammers

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frank lee bent
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Re: sihanoukville

Post by frank lee bent » Fri Oct 27, 2017 2:58 pm

i wonder what will happen when the petro-yuan launches in a few weeks?
whole joint could implode in a shower of inferior concrete dust.
the Chinese gov is extremely concerned with these casinos and capital outflow is rumoured to be massive.
online gambling is illegal in China and the gov intends to ban outbound investment in casinos:

https://www.bloomberg.com/news/articles ... educe-risk
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