• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 23 June 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

Capital Opportunity

Newsdesk by Newsdesk
Tue 17 Dec 2013 at 11:01
2
SHARES
61
VIEWS
Print Friendly, PDF & Email

Taiwan casino scenarios now envision Taipei

 The Taipei skyline 

Legal casinos on Taiwan proper have The prospect was highlighted recently on the basis of “certain comments made by multiple mainland Chinese officials charged with Taiwan-related issues and echoed by Taiwan’s transportation minister,” said Union Gaming Research Macau in a note to investors.

“Given this dynamic, any casino built in Taiwan would therefore largely be dependent on locals, which means that only a casino built near population centers, such as Taipei, would make sense—and only if locals are allowed to gamble,” stated the Macau-based investment brokerage, which added that Transportation Minister Yeh Kuang Shih has suggested to the national legislature that casinos be permitted in a special economic zone near Taoyuan Airport in the capital city.emerged as a possibility in the wake of statements out of China that mainland residents will not be permitted to visit any gambling venues that might be developed in the country, which Beijing considers a renegade province.

The Transportation and Communications Ministry is charged with implementing casinos in Taiwan.

Opening Taipei to gaming, while not government policy, is contained in an alternative legalization bill proposed by lawmakers with the governing Kuomintang Party, according to UGRM.

What this means for the islands in the Taiwan Strait where casinos appear to be headed is not certain.

 

Transportation Minister Yeh Kuang Shih has suggested that casinos be permitted in a special economic zone near Taoyuan Airport in the capital city.

 

The guiding legislation, the Offshore Islands Development Act, was passed in 2009 to allow residents of the Matsu, Kinmen and Penghu archipelagos to vote on casinos. Last summer, the residents of Matsu, a tiny island chain located just off the mainland province of Fujian, voted in favor, initiating a process by which the Legislative Yuan, as the national lawmaking body is known, was empowered to develop a framework for licensing and regulation.

Weidner Resorts, headed by US gaming industry veteran William Weidner, a former president of Las Vegas Sands, has proposed investing several billions of dollars in a mixed-use resort complex on Matsu that would include expanding the island’s limited transportation infrastructure and watertreatment and power-generating capabilities.

Draft regulations for Matsu have been under consideration since the spring but do not appear to be moving forward. At the same time, if access to mainland players is not a possibility it’s not likely that gaming on any of the outlying islands would succeed. This is not the case with Taiwan proper, and Taipei especially, given the city’s sizable population of upwards of 9 million.

Terry Gou, head of Foxconn Technology Group and one of Taiwan’s wealthiest citizens, suggested earlier this year that a special casino enclave be developed near the capital. Premier Jiang Yi Huah described the proposal at the time as “problematic”.

RelatedPosts

No Content Available
Load More
Tags: Taiwan casinoTerry GouYeh Kuang Shih
Share1Share
Newsdesk

Newsdesk

Current Issue

Editorial – The real reason Philippines casino revenues are down

Editorial – The real reason Philippines casino revenues are down

by Ben Blaschke
Sun 30 Mar 2025 at 23:04

After enjoying a post-COVID surge in gaming revenues at its licensed casinos, the Philippines has hit a rocky patch. In...

Inside Thai IRs

Inside Thai IRs

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:59

No time to read this whole article? Here are the bullet points! With passage of Thailand’s Entertainment Complex Bill through...

Resorts World Las Vegas – Lighting up the north

Resorts World Las Vegas – Lighting up the north

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:52

Inside Asian Gaming recently visited Genting’s American icon Resorts World Las Vegas to take a closer look at a property...

A baccarat perspective

A baccarat perspective

by Ryan Hong-Wai Ho
Sun 30 Mar 2025 at 22:37

In the first of a two-part series, Ryan Ho explores how gaming innovations and market changes have shaped the prominence...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Inside Thai IRs

Inside Thai IRs

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:59

No time to read this whole article? Here are the bullet points! With passage of Thailand’s Entertainment Complex Bill through parliament gathering pace as the nation looks to further boost its international tourism appeal, the prospect of a legalized casino...

Resorts World Las Vegas – Lighting up the north

Resorts World Las Vegas – Lighting up the north

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:52

Inside Asian Gaming recently visited Genting’s American icon Resorts World Las Vegas to take a closer look at a property that hasn’t yet lived up to the hype but which offers undoubted potential as a star of the North Las...

Baby steps

Baby steps

by Pierce Chan
Sat 29 Mar 2025 at 10:20

Despite receiving policy support from China’s central government, Hengqin is still struggling to fulfil its potential as a business hub and to fully integrate with neighboring Macau. IAG examines the key challenges and what must be done to ensure Hengqin...

Grand designs

Grand designs

by Ben Blaschke
Sat 29 Mar 2025 at 10:11

Clark’s Hann Casino Resort has unveiled to Inside Asian Gaming a new Canyon Casino concept that will become the main attraction when a major expansion of the existing casino space is completed in the next 12 months. Philippine integrated resort...



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

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