Casino In Taiwan

Deal Closed by Plus-Five Gaming and Mahjong Logic

Landmark Licensing deal signals good luck for Plus-Five. Mahjong Logic, Ltd., an Isle of Man-based mahjong casino software has reportedly closed a major licensing agreement with online casino gambling supplier Plus-Five Gaming. This is certain to open up the Asian market to all Plus-Five operators.

“The deal with Mahjong Logic fills a gap in the product offering of Plus-Five Gaming” Claimed Plus-Five Gaming’s marketing and business development director, Mark Jones. “It also answers requests of partners and licensee customers who have asked for an online mahjong solution.”

“This partnership opens the door to an additional player base for the emerging game of online mahjong.” Stated Jonas Alm, CEO of Mahjong Logic. “Plus-Five Gaming has a large list of reputable online gaming partners and licensees with a reach to a market that we are confident represent a large growth potential for our company.”

Online mah-jong has spread throughout the Asian market, and represents a great alternative for growth in areas of person to person online gaming.

New Taiwan Gambling Laws

At last it looks like casinos will finally make their way to Taiwan. The nation has finally annulled the prohibition on Taiwan casinos which has been implemented in the country for at least a quarter of a century. The drafting of the new Taiwanese gambling laws is being looked forward to with great anticipation. The new casino bills package was passed in the Taiwanese parliament with a solid 71-26 majority and Taiwan will now have mega-casinos similar to the ones you can find in Singapore. Construction of the casinos will begin only after the approval of the local residents via a referendum. Taiwan has gotten real close to the realization of the casino dream and all it will take now is the President Ma Ying Jeou’s signature on the bill to make it law which will happen in the next three months. Although the signing of the bill will make a world of difference and will finally legalize casinos in Taiwan, only a limited number of licenses will be issued which will be somewhere between two and four according to the Taiwan Ministry of Transportation and Communication. Each license will be valid for a period of 10 to 30 years.

Casino Gambling in Taiwan

Taiwan casino gambling is becoming bigger on a worldwide stage with every passing day. Countries are recognizing the importance of Taiwan casino revenue and are acting quickly to bring Taiwan casinos to their areas.

Casino Gambling In Taiwan

In Taiwan, a debate has been going on inside of government for a while now. The end consensus is that Taiwan casino gambling is something that could be beneficial and will soon be coming to the outer islands of Taiwan.

The Council for Economic Planning and Development has announced that they have recommended that Taiwan casinos be brought to Taiwan. The economic impact of the decision will be great for the country.

In their report, the Council estimated that 5,000 jobs could be created from the Taiwan casinos. In addition, another 15,000 temporary jobs will be created. The government has finally came to decision on the Taiwan casinos after months of debate.

The one stipulation from the government is that all of the Taiwan casino must be part of a resort. That will ensure the most possible job additions and also the maximum revenue. The majority of people in Taiwan have been in favor of lifting the country’s Taiwan casino ban.

The next step is for the government to officially legalize gambling, which would pave the way to begin planning for Taiwan casinos in the outer islands. Taiwan looks like they will become the latest in the growing number of countries that is legalizing Taiwan casino gambling. The Parliament is expected to approve three resort Taiwan casinos by the end of the year.

The economy in Taiwan, like other countries, has taken a turn for the worst. they are trying to find ways to kick start their economy, and Taiwan casino gambling seems like just the medicine that is needed. While the Taiwan casinos will most likely be approved, it could still prove difficult to find developers who will want to take on the project.

Many Taiwan casino developers have backed off expansion plans in light of the current global credit crisis. “It is great that Taiwan wants to get involved in the Taiwan casino gambling market, but they might be choosing the wrong time to do it. Who knows if any developers will have the funds to take on such a project,” said one observer.

If Taiwan does get their three Taiwan casinos, they would be in direct competition with other Asian Taiwan casinos. Macau has become the Taiwan casino capital of the world, and South Korea and Singapore will both be players in the Taiwan casino industry.

Still, Taiwan thinks they can make it work on a smaller scale than the others who have Taiwan casinos.. “We don’t want to exceed three licenses. We’re not going to be Macau,” said Mayor of Makung, Su Kun-hsiung.

Asian Casinos

Taiwan Lawmakers have given the go-ahead for Taiwan to build its first Taiwan casin in a move that could have repercussions for Macau as a gaming hub.

Taiwan’s parliament has approved a bill legalizing gambling on offshore islands, clearing the way for the development of a Taiwan casino resort on the economically depressed Penghu archipelago in the Taiwan Strait.

However, a Macau university assistant professor claims the effects of the move will be minimal because the development is unlikely to lure gamblers from Hong Kong and the mainland. The legalization of gambling has long been talked about in Taiwan but failed to get enough support in parliament until President Ma Ying-jeou’s Kuomintang swept to victory in the last election.

More than 70 percent of Taiwan’s parliament supported the bill. The Taiwan government insists the move will not lead to an increase in crime but will help boost tourism. “We want to stimulate the development of the offshore islands, particularly tourism,” Kuomintang legislator Chang Sho-wen said.

Some members of parliament had argued that legalization would bring social problems. They also feared the building of hotels in the area would damage the environment. The Penghu archipelago is relatively remote and currently lacks facilities.

Taiwan’s move comes a day after vice president Xi Jinping completed a two-day visit to Macau during which he advised the territory not to rely solely on the gaming industry and to diversify. Taiwan ranks third behind the mainland and Hong Kong in numbers of visitors it sends to Macau.

Camoes Tam Chi-keung, an assistant professor at Macau Inter-University Institute, said the effects on Macau would be limited. “A Taiwan casino in Taiwan may only be able to attract local customers and not those from the mainland and Hong Kong,” Tam said. He added the service industry in Taiwan was of a lesser standard to that of Hong Kong and Macau. Unlike Macau, which hires many Hong Kong people from the service and construction industries, Tam believed Taiwan would only want to create job opportunities for locals.

The move is the latest expansion of gaming in Asia. South Korea, Malaysia and the Philippines have Taiwan casinos and the first of two Taiwan casino resorts is slated to open on Singapore’s Sentosa Island later this year.

Casino Islands in Taiwan

Penghu, a set of islets off Taiwan, is trying to be the next Macao by building a Taiwan casino town to lure Chinese tourists. Taiwan casinos are illegal in Taiwan and Taiwanese President Chen Shui-bian is wary of becoming economically dependent on China, is cautious about the plan.

But presidential candidates of both ruling and opposition parties eyeing next spring’s election are more open to the idea. Penghu sits in the Taiwan Strait between Taiwan and China and is about 45 minutes from Taipei by plane.

With a population of about 70,000, the bulk of the islets’ income is generated from tourism, and marketing its seafood and relaxed atmosphere. As tourists from Taiwan have leveled off, some residents believe the Taiwan casino will attract Chinese tourists and revitalize the islands’ economy.

Penghu County Prefect Wang Chien-fa said: “I want the Taiwan casino to be the first step toward making the islands a resort destination. We are aiming for a 10-fold increase in tourist numbers, to 5 million per year.” Wang is promoting the idea of direct flights between Penghu and China, which are currently banned.

Attempting to emulate Singapore, the city-state is now set on building a Taiwan casino resort for Chinese tourists. Penghu County Council Speaker Liu Chen Chao-lin said, “Taiwan’s population is 23 million, whereas China’s is 1.3 billion, which is very attractive.”

The Taiwan casino idea emerged during the 1990s and grew legs when Chen lifted the ban in April on Chinese tourists traveling to Penghu. Construction work on Penghu’s most luxurious hotel started in July, and in late August, county and local tourism businessmen and officials flocked to a Taiwan casino forum held in Taipei.

Taiwan has been accepting a limited number of Chinese tourists since 2002, providing they come via Southeast Asian or other countries. Chinese tourists numbered about 98,500 last year, an about 80 percent increase from the previous year. If China and Taiwan agree to totally lift the ban on Chinese tourists, more than 350,000 Chinese will be allowed to cross the Taiwan Strait. People in regional Taiwan–who have been hit by the slow economy–count on Chinese tourists.

One tourist agent said, “They speak the same language as us, and they spend money on souvenirs.” But only 117 Chinese have visited Penghu since the ban was lifted in April, and they comprised a tourism study mission. Penghu is a strategic defense point for Taiwan, causing many figures in the ruling Democratic Progressive Party to worry about Chinese flowing into the islands. Consequently, it may take some time and many heated debates before any dice roll across a Taiwan casino table in Penghu.

Penghu, a set of islets off Taiwan, is trying to be the next Macao by building a Taiwan casino town to lure Chinese tourists. Taiwan casinos are illegal in Taiwan and Taiwanese President Chen Shui-bian is wary of becoming economically dependent on China, is cautious about the plan. But presidential candidates of both ruling and opposition parties eyeing next spring’s election are more open to the idea.Penghu sits in the Taiwan Strait between Taiwan and China and is about 45 minutes from Taipei by plane.