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Thai power supply cut to Myanmar casino towns amid allegations of organized crime operations

A Thai state enterprise that has been exporting electricity to neighboring Myanmar has cut off power to two border towns with notorious casino complexes that allegedly host major organized crime operations, Thai officials said Tuesday.

The towns of Shwe Kokko and Lay Kay Kaw in Myanmar host gambling and entertainment complexes developed by Chinese investors that are accused of being centers where people from other nations are tricked into taking jobs and then put into virtual captivity and forced to work in call centers conducting internet scams. There also are allegations that the complexes are centers for drug and human trafficking.
Power from Thailand’s Provincial Electricity Authority to the complexes in Myawaddy township in Kayin state was cut at midnight on Monday, said Montsak Kaew-orn, a police chief in Thailand’s neighboring Mae Sot district.

He said business in the affected towns seemed to be carrying on with no disruption because the owners of the complexes had prepared for the situation and could probably operate for the next few weeks using their own generators.

Thai Interior Minister Anupong Paochinda, speaking to reporters in Bangkok, said the power to the two towns was cut because the supply contract expired and Myanmar’s government declined to extend it. Thailand is ready to resume supplying power should Myanmar decide to renew the deal, he said.

DOZENS INJURED IN THAILAND TOURIST HOT SPOT AFTER SPEEDBOAT SLAMS INTO CONCRETE POST
Myanmar’s military government has not publicly explained its position on the matter. However, the Global New Light of Myanmar reported that Chinese Ambassador to Myanmar Chen Hai met on May 31 with Home Affairs Minister Lt. Gen. Soe Htut and high-ranking police officers for talks on regional issues, including online fraud and gambling on the Myanmar-China and Myanmar-Thailand borders and “enhancement of cooperation in the fight against transnational crimes.”

The casino complexes are operated in what amount to autonomous development zones controlled by Chinese investors in cooperation with the Border Guard Force, a militia belonging to the area’s ethnic Karen minority.

Fox News Asia graphicA Thai state enterprise t[…]


New York casinos could deal Atlantic City 30% revenue blow, panelists predict

Panelists at a major casino industry conference said the construction of three new casinos in New York could cost Atlantic City 20% to 30% of its casino revenue, a development that could possibly return the resort to the days of casino closures.

While not predicting that it will definitely happen, Jim Allen, chairman of the global Hard Rock casino, entertainment and hospitality company, on Thursday said that such a revenue drop could lead at least one Atlantic City casino to close. Hard Rock, which owns a casino in Atlantic City, is among the bidders for a New York casino.
Speaking at the East Coast Gaming Congress, Allen warned that New York’s coming casinos will have a big effect on Atlantic City.

NEW JERSEY CASINO, SPORTS BETTING REVENUE SEES 15% SPIKE IN PAST YEAR

“It could happen,” Allen told The Associated Press in an interview after his speech. “Atlantic City receives 20, 30-plus percent of its revenue from upstate New Jersey and downstate New York, and there’s no doubt it is going to have an impact on this particular market.”

Allen’s Atlantic City casino, along with the market-leading Borgata, and the Ocean Casino Resort are currently the top performing casinos in the market in terms of money won from in-person gamblers.
“So you have three or four that are very strong and then I think there’s a question as to what happens in that next level down,” he said. “I think its a concern that if these other casinos don’t perform, then inevitably from a business standpoint, is there vulnerability? I don’t think that changes unless there’s enhancement to the perception of Atlantic City.”

Allen has been a frequent critic of conditions in Atlantic City, including perceptions of cleanliness and safety for visitors. He acknowledged progress has been made, but said more remains to be done.
Mark Giannantonio, president of Resorts Casino and of the Casino Association of New Jersey, declined comment on Allen’s remarks.

At the same conference on Wednesday, several Wall Street analysts also predicted New York casinos will take a bite out of Atlantic City’s business.

Duane Bouligny, managing director at Wells Fargo said Atlantic City casinos that continue to invest in their businesses and have good leadership will grow.

Atlantic CityPanelists at a major casi[…]


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