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Myanmar to rein in controversial China-backed gambling hub near Thai border

Myanmar to rein in controversial China-backed gambling hub near Thai border

15 Sept 08:31 Key points summarised by AI
  • Myanmar's government is initiating measures to address irregularities within the controversial China-backed Shwe Kokko New City project, located near the Thai border.
  • The development, managed by a Karen State Border Guard Force and Chinese investors, faces accusations of operating illegal casino activities.
  • Known as "China Town," the US$15-billion project has garnered widespread criticism for its lack of transparency, land confiscations, and suspected illicit operations.
  • Concerns over the significant influx of Chinese money and the social impacts of casino businesses led the government to launch an investigation tribunal last year.
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