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Shwe Kokko is accused of being a city built on scams

bbc.co.uk

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Re: Shwe Kokko is accused of being a city built on scams

#101

Post by duxup »

awongh wrote: post #88
v3ss0n wrote: post #64

I am from Myanmar and Shwe KoKo is the biggest scam hub of the world . Not just online scam they are operating all kind of illegal activities.Myanmar Junta is also part of that and china bordering Laukkai. Laukkai is now liberated and scammers arrested as revolution forces won. Shwe KoKo is last one to be eliminated . They advertise recruitment ads of 8000$ a month for working in IT so many youth went there , and for…

Sad that what's going on in Myanmar isn't more widely reported in international news.

It was prominent in the news at the start, but at this point it is government forces vs a myriad of various groups (unified and not) and it makes for a muddy story to tell. There aren't many regional powers who are all for any given side and another power(s) all in for another side. So it boils down to a local civil war story. Those stories just don't generate a lot of news.

Whole situation is very sad. Seeing a nation fall into chaos like that. So many people's lives destroyed through no fault of their own.

Re: Shwe Kokko is accused of being a city built on scams

#102

Post by smcin »

seanmcdirmid wrote: post #93
smcin wrote: post #76

Earlier quoted context omitted.

No, Macau is. It's Western media bias that we talk about LV way more than Macau. (Also, LV still has the English-language entertainment acts, conventions, conferences.) But for gambling revenue, Las Vegas was passed out by Macau back in 2007 already: https://www.reuters.com/article/macau-revenues/the-worlds-ca...

Macau in 2007 was way more about money laundering than Las Vegas. Do you have more recent numbers? After Xi’s crackdown, I’d expect their gambling revenue to go down by a lot.

Article [0] and graph [1] FT citing Bloomberg, UNLV says Macau gambling revenues outstrip LV every year 2007-2020 except 2009 (recession); even with the huge Covid drop in 2020.

And [2] second graph says "Macau [Gross gaming revenue ($bn)] has regained lead from Las Vegas as world’s top gaming hub" in 2023; LV was briefly > Macau for the three years 2020-2022. (Also shows visitor arrivals from mainland China recovered since 1/2023).

Yes, even post-Chinese crackdowns (2012- ongoing, and also in 2021) on corruption.

[0]: https://www.ft.com/content/417f2513-37b2-4900-ac36-4729df36a...

[1]: graph 3 from that FT article https://www.ft.com/__origami/service/image/v2/images/raw/htt...

[]: FT 3/2024 "Macau roars back as gamblers return to ‘Las Vegas of the east’" https://www.ft.com/content/918d868a-e862-45e0-9072-e79461159...

Re: Shwe Kokko is accused of being a city built on scams

#103

Post by lazylizard »

bobthepanda wrote: post #83
rsynnott wrote: post #60

Earlier quoted context omitted.

AIUI gambling is still pretty much entirely illegal in mainland China, so it pretty much has a captive market of 1.5bn people. Vegas has a much smaller _obligate_ market; gambling's far more (legally) available in the US than in China. Like, if you like on the American east coast, and enjoy gambling, Vegas may be a place that you'd like to go, but you have other closer options.

Vegas has definitely pivoted more into showbiz and entertainment. Macao has not only China but is a quick flight for most of the world's population, particularly NE and SE Asia, and most importantly most people are not residents of Macao. In East Asia, where gambling is allowed it's usually not permitted for the residents of the country (e.g. Singapore)

???

singaporeans are definitely not "not permitted" to gamble.

i suspect you mean the thing with the casinos. singaporeans can enter, though they have to pay an extra fee. and besides the casinos, singaporeans also bet on 4d, toto and football in betting shops all over the island.

Re: Shwe Kokko is accused of being a city built on scams

#104

Post by seanmcdirmid »

smcin wrote: post #102
seanmcdirmid wrote: post #93

Earlier quoted context omitted.

Macau in 2007 was way more about money laundering than Las Vegas. Do you have more recent numbers? After Xi’s crackdown, I’d expect their gambling revenue to go down by a lot.

Article [0] and graph [1] FT citing Bloomberg, UNLV says Macau gambling revenues outstrip LV every year 2007-2020 except 2009 (recession); even with the huge Covid drop in 2020. And [2] second graph says "Macau [Gross gaming revenue ($bn)] has regained lead from Las Vegas as world’s top gaming hub" in 2023; LV was briefly > Macau for the three years 2020-2022. (Also shows visitor arrivals from mainland China recovere…

Nice to know, thanks for delivering the refs. It lost to LV during COVID, but bounced back afterwards, which makes sense.

I've never been to Macau before although I've been to HK a few times. The only time I've seen a Chinese casino was in Manilla (near T3 of the airport), and I'm almost positive that one at least, was related to money laundering.

Re: Shwe Kokko is accused of being a city built on scams

#106

Post by v3ss0n »

duxup wrote: post #101
awongh wrote: post #88

Earlier quoted context omitted.

Sad that what's going on in Myanmar isn't more widely reported in international news.

It was prominent in the news at the start, but at this point it is government forces vs a myriad of various groups (unified and not) and it makes for a muddy story to tell. There aren't many regional powers who are all for any given side and another power(s) all in for another side. So it boils down to a local civil war story. Those stories just don't generate a lot of news. Whole situation is very sad. Seeing a nati…

we are at the breaking point. Junta had almost lost all the important economic areas, jade and copper mines , gem mines, recently the whole Rakhine and soon Irrawaddy . There are various group but we all have a common goal , to get rid of Junta and Myanmar PDF have common destination , to get back Peace and Democracy.

If China didn't get involved in stopping TNLA + MNDAA , Junta strong hold of Pyin Oo Lwin and Even Mandalay would have fallen since December. Now China forced a peace agreement at MNDAA at gunpoint so that strongest force had been halted - we don't like china playing on us , and we are neglected by UN and western powers alike - its all expected we don't have resources that is interesting for the west and its all on our own.

Another reason main stream media stopped reporting on how people started the revolutions with flintlocks are overcoming and winning over well trained , well equipped military , just with our own funding , our own intelligence and our own might, Inventing 3D printed guns , building own fix winged drones and missiles against world 35th rated army. They don't want to report that peasants can win over Tyrants. They don't want to report that Davids with slingshots can defeat a Goliath. If that is well spread and well known , power that be would be very hard to control the populace.

https://www.youtube.com/watch?v=1kGr2F3o0rI

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