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Analyst: No Table Games for Beijing Soon

28 October 2005

CHINA – As reported by the China Standard: "The Chinese Communist Party's gambling taboo may be slipping, but analyst Kelvin Tan of Las Vegas Sands believes Beijing will continue to draw the line at table games.

"The large sums wagered on single hands of baccarat in Macau and border casinos give Beijing the willies and leave no room to pretend the betting is merely for entertainment or charity.

"With slot-machine lookalikes coming in, horse racing is likely to be next. Investors, many from Hong Kong, have poured big money into setting up race tracks in Beijing, Guangzhou, Wuhan and other cities on the belief betting on horses will be allowed…"

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