Tuesday, May 20, 2014

Commentary | A Loan Shark for Whale-Gamblers

The Crown Melbourne.

Sometimes we fail to realize that the casino allowing us to win so that they could keep us playing until house edge gets the better hand and we lose everything back in the end. If we are not happy with our losses we will take more money out from the credit cards. While poor guys like us go to the legalized loan sharks, the big boys get their loan from the casino. This the story of Chinese millionaire Zhao Li with the Melbourne's Crown Casino as reported by the Daily Mail on 12 May 2014.

We Chinese are so "landu" the casino knows how to target us. Chinese tycoon, Li Jun, was sued by the Wynn Macau casino for HK$14 million ($1.81 million). By being a money lender to gamblers the casinos not only wants you current wealth, they want your future wealth too.

More on XingCai's Webpage.



4 comments:

  1. The gambling floor in Australia is crawling with Chinese.

    ReplyDelete
    Replies
    1. Chinese have compulsive tendencies. That is the reason they like gambling.

      Delete
  2. Casino plays banker so they can share the market with loan sharks.

    ReplyDelete
    Replies
    1. Rich gamblers are inviting casinos to drain away their future wealth.

      Delete