Saturday, July 21, 2012

Crazy money dreams: Taiwan may get its first casino to lure Chinese gamblers

by Zoe Li, Hong Kong Editor

The residents of Matsu, an offshore archipelago of Taiwan, voted to build a casino on their turf to boost development and lure Chinese gamblers away from Macau. 

The vote took place on July 7, with 1,795 votes for the casino plans and 1,341 against.

The turnout rate was 40 percent of eligible voters, according to Taiwan news reports.

Matsu has a population of about 10,000 and its economy has relied on its strategic positioning as a first line of defense against troops from the Chinese mainland.

The archipelago once held as many as 50,000 soldiers, but today, with improved ties between Taiwan and China, the numbers are down to about 3,000. 

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