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Taiwan considers lifting casino ban

23 March 2007

TAIWAN – As reported by the Taipei Times: "Officials are studying the possibility of ending the ban on casinos to boost the tourism industry, a move countries such as Singapore have already taken to exploit the boom in Chinese travel overseas, a Council for Economic Planning and Development (CEPD) spokeswoman said yesterday.

"The council is evaluating the impact that lifting the ban would have, giving special consideration to issues of morality and family values, she said.

"…The council is scheduled to release a report on the study in the second half of this year.

"In 2005, tourism revenue in Taiwan totaled US$10.96 billion, barely changed from 2004, accounting for 3.17 percent of the nation's GDP. The figures for last year will be released in July or August…"

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