Genting started with only one miserable casino hall some 50 years ago. Today it houses resort facilities and several massive casino halls. It is a common joke among many Malaysian as well as GGC members to say they had contributed to the development in Genting. The casino resort's contribution to the economy over the years had been so significant that its founder had been conferred "Tan Sri" by the Malaysian Regent.
XingCai's Nations Bow to Casinos looks at Cyprus having this aspiration as they planned to build a casino in the next 12 months. While Genting's development was contributed by gamblers over the bad and good economic cycles, XingCai raised an important question on the ability of bankrupted Cyprus to pull it off.
Since the nation is bankrupt would they impose entry restriction to their citizens like Singapore?
ReplyDeleteThe citizens will take the casino as an answer to their money problem and end up being poorer.
DeletePoor Crypus citizens will try to find quick money in the casino.
DeleteNations bow to gambling at the expense of the people.
ReplyDeleteLive with it, do with it - there are no options.
Delete