Not sure that's true is it mate? Surely only the Indian's drive worse?oldmariner wrote: They drive worse than the Khmers....
Hainan Island gambling/Bye-Bye Sihanoukville Casinos
- spitthedog
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"I don't care what the people are thinking, i ain't drunk i'm just drinking"
Quoted.oldmariner wrote:Hainan island gambling is a done deal.(MGM Grand Corp already has a hotel there and will be first in line for a gambling license.) They are already talking about a third airport to handle the tourists/gamblers. Google Operation Chain Break, and you will see that the Chinese government ripped up a bunch of passports in the Philippines and Taiwan. It is illegal for a Chinese citizens to travel to another county for the purpose of engaging in gambling.(they have to get special permission to gamble in Macau.) Its illegal for Chinese to use money from China to build casino's. Its illegal for Chinese travel agencies to advertise gambling junkets. Check out the Chinese anti-gambling laws passed Aug 17, 2017. The truth is out there.
I predict in 10 to 12 months lots of empty buildings in Sihanoukville. As to Hainan Island online gambling to take years to compete with Sihanoukville as some say here. All it takes is a piece of paper(license) issued by a government that's tired of gambling money leaving China and loves bankrupting the "black money" people, and some computer designers setting up sites and within weeks they are online. How long did it take to set up the internet gambling based in Sihanoukville? Not long! You don't believe MGM Grand Corp doesn't have all of this set up now and ready to go? About the time Hainan Island internet gambling comes online, the Chinese government makes a massive sweep through Sihanoukville ripping up passports. Bye-Bye Chinese. Although the industrial park and the project at Otres will still be around, just empty downtown casinos, guesthouses, bungalows, apartment buildings.
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While the Chainbreak legislation does exist, I've not heard of any Chinese being arrested for working out of a licensed Casino in Sihanoukville.
AFAIK, all the arrests/deportations have been from unlicensed operations/scams working out of rental accommodation.
Obviously there's a high level arrangement in place or legal loophole/s to allow licensed Casinos to continue here with their online gambling for mainland Chinese.
As an aside, now feels a bit bubble-ish like 2008 when the Koreans were driving up land prices in Cambodia, albeit a much smaller scale to whats happening now.
Might be due for a breather soon ?
AFAIK, all the arrests/deportations have been from unlicensed operations/scams working out of rental accommodation.
Obviously there's a high level arrangement in place or legal loophole/s to allow licensed Casinos to continue here with their online gambling for mainland Chinese.
As an aside, now feels a bit bubble-ish like 2008 when the Koreans were driving up land prices in Cambodia, albeit a much smaller scale to whats happening now.
Might be due for a breather soon ?
- spitthedog
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Well i dunno about bye-bye right now. Happened to go past the SHV locals most popular football club in town this evening;
https://www.facebook.com/pages/Starcrow ... 8887308808
Although judging by the dug up pitch and casino van parked outside i'm guessing it ain't a football club anymore.
https://www.facebook.com/pages/Starcrow ... 8887308808
Although judging by the dug up pitch and casino van parked outside i'm guessing it ain't a football club anymore.
"I don't care what the people are thinking, i ain't drunk i'm just drinking"
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Makes sense that the Chinese government is looking to allow some form of internet gambling within China. The word is, the government is/will close the VPN loopholes. No vpn's no internet....period. More like a LAN. Not sure how they're going to do this technically speaking. Maybe get rid of https altogether. I know my expat friends in China who have dismissed the threat of this for years are now saying it is imminent.
Yes because expats are never wrong and the font of up-to-date news.Mr. Bungle wrote:Makes sense that the Chinese government is looking to allow some form of internet gambling within China. The word is, the government is/will close the VPN loopholes. No vpn's no internet....period. More like a LAN. Not sure how they're going to do this technically speaking. Maybe get rid of https altogether. I know my expat friends in China who have dismissed the threat of this for years are now saying it is imminent.
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Sorry guys, I don't go to casino's and I don't bet (even on a sure thing.) Anyway, how would I collect my money from online posters/posers? Casino's in downtown Chinaville(Sihanoukville)? Dead in the water and its just a matter of time. As I've said, Hainan Island is a done deal and Operation Chain Break hangs over the Chinese casino operators and workers in Sihanoukville.
The project at Otres? Well that's another matter. That's connected to the industrial side of commerce. Cambodia is a small country with a limited worker population. They will have to import workers and need a place to house them and the supervisors, thus China City/Otres. Its interesting though, I was out at Otres yesterday and it was pointed out to me by a person in the know that one of the large buildings back by the hill at Otres is a Chinese casino and in the near future one will be started on the back road between Otres and town. Guess they are counting on factory workers and supervisors for customers, unlike the casino's downtown that are fronts for online gambling (Hainan Island will have online gambling soon.) . A lot of land at Otres (in back of Chinatown) is being leveled and subdivided for worker housing. The new road from the back road to town and connects to the road that goes up the hill to Hwy #4 is still dirt, but is to be paved and is at least 4 lanes wide. The Otres/industrial park area looks like the real expansion hub and the downtown casino's are just a flash in the pan. BTW/ Word is that a big new Chinese factory is going in on the other side of the Chinese built power plant.
The project at Otres? Well that's another matter. That's connected to the industrial side of commerce. Cambodia is a small country with a limited worker population. They will have to import workers and need a place to house them and the supervisors, thus China City/Otres. Its interesting though, I was out at Otres yesterday and it was pointed out to me by a person in the know that one of the large buildings back by the hill at Otres is a Chinese casino and in the near future one will be started on the back road between Otres and town. Guess they are counting on factory workers and supervisors for customers, unlike the casino's downtown that are fronts for online gambling (Hainan Island will have online gambling soon.) . A lot of land at Otres (in back of Chinatown) is being leveled and subdivided for worker housing. The new road from the back road to town and connects to the road that goes up the hill to Hwy #4 is still dirt, but is to be paved and is at least 4 lanes wide. The Otres/industrial park area looks like the real expansion hub and the downtown casino's are just a flash in the pan. BTW/ Word is that a big new Chinese factory is going in on the other side of the Chinese built power plant.
So. Now you’re saying that only SHV will be dead with empty buildings etc etc in “10 to 12 months” and Otres will still be a casino hub with lots of development?
You know Otres is part of Sihanoukville, right?
Do you want to change your statement any more?
Myself and LJ are well known in Sihanoukville as you are. We will be sure to collect our winning in 12 months or pay out.
You know Otres is part of Sihanoukville, right?
Do you want to change your statement any more?
Myself and LJ are well known in Sihanoukville as you are. We will be sure to collect our winning in 12 months or pay out.
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YaTingPom wrote:
Myself and LJ are well known in Sihanoukville ...
- spitthedog
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You & Me bar looks to have closed aswell? Another one bites the dust? I heard the casino operators wanted to take over that block.
Just down from there across the junction another apartment block and shops below have obviously moved out and the block painted up.
The apartment block opposite the football pitch looks to have been cleared out/taken over.
Loads of barang were staying there.
Beware!! It's only a matter of time. They are coming for your place!! Get out of the water!!
Just down from there across the junction another apartment block and shops below have obviously moved out and the block painted up.
The apartment block opposite the football pitch looks to have been cleared out/taken over.
Loads of barang were staying there.
Beware!! It's only a matter of time. They are coming for your place!! Get out of the water!!
"I don't care what the people are thinking, i ain't drunk i'm just drinking"
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Oldmariner has been banging on about Operation Chain Break for what, the best part of a year? I am of the believe it when I see it crowd. Opinion here seems to be divided into those who see the Chinese bubble pop soon and seeing a mass exodus of thousands of Chinese and thousands of empty rooms and those who believe it is not likely and if it does it will be at least a year or 2. I tend toward the latter. It has gone too far and there has been too much money made (and to be made) for it to end in a relative blink of the eye.
As for what is left of (the former) barangland, yes You and Me closed up a couple of weeks ago and are setting up in KK I think they said. Not enough western customers. That entire street looks set for more "development". Down the road across from the (apparently now defunct) sports centre the once barang occupied building now sports red Chinese lanterns! And the little sari store there was the last in the neighbourhood where you could dash over for an ice cold beer or 3 if you ran out.
Rolling powercuts a la 2011 are now back as a daily feature as is abysmally low water pressure. Just wait another month!
I, like many foreigners have had enough and will vote with my feet. End of April I call it quits after 8 years. Last westerner out, turn off the lights.
Johnny
As for what is left of (the former) barangland, yes You and Me closed up a couple of weeks ago and are setting up in KK I think they said. Not enough western customers. That entire street looks set for more "development". Down the road across from the (apparently now defunct) sports centre the once barang occupied building now sports red Chinese lanterns! And the little sari store there was the last in the neighbourhood where you could dash over for an ice cold beer or 3 if you ran out.
Rolling powercuts a la 2011 are now back as a daily feature as is abysmally low water pressure. Just wait another month!
I, like many foreigners have had enough and will vote with my feet. End of April I call it quits after 8 years. Last westerner out, turn off the lights.
Johnny
You’ll find there’s a correlation between people who’ve been kicked out of accommodation/screwed over on their lease/lost their fav’ drinking hole/have a limited income and the people who hope the bubble (which hasn’t even started) pops and all the Chinese leaving in the incorrect belief it’ll all go back to pre 2015 times. The good old days etc.
Like has been said - too much money has been invested to just walk away. Do we really want that to happen with all the unfinished roads and hundreds of condos/casinos? It’ll be the death of SHV.
Two years and the accommodation supply with increase stabilising rents. I don’t think there will any more sub $200 rooms though.
Hey. I’m a newbie. Just got an idea that’s all.
Like has been said - too much money has been invested to just walk away. Do we really want that to happen with all the unfinished roads and hundreds of condos/casinos? It’ll be the death of SHV.
Two years and the accommodation supply with increase stabilising rents. I don’t think there will any more sub $200 rooms though.
Hey. I’m a newbie. Just got an idea that’s all.
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I frankly don't give a flying fuck whether they ever finish roads, sewers, real power, water etc. etc. Sihanoukville is already breathing it's last. You are certainly right that it will never return to pre 2015, not that it was exactly a high water mark even then! I don't know what the place will be like in 2 years but I can't imagine it changing in such a manner that I would consider returning to live. Even if rent was under 200 bucks!
Johnny
Johnny
You’re certainly not alone in thinking that. My wife and I are probably off to Kampot end of the year, as long as I’m still in my $250 pad!
Luckily bought a tiny bit of land there to build a house on.
Luckily bought a tiny bit of land there to build a house on.
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