TAIPEI ( TheStreet) -- A voter referendum approved this month legalizes casinos for the first time on islets in the ocean strait separating Taiwan from China. And China lives to gamble -- beats the corrupt local bank or the cold returns of today's stock markets -- yet the Communist government doesn't allow casinos.For that reason, casino operators from Las Vegas, Macau and even London had been working behind the scenes for more than a decade to open gambling on the islets controlled by Taiwan, an easy mark for Chinese tourists. On July 7, they won their first hand, as the economically depressed 10,000-population islets of Matsu (This link will take you to an outside source.) voted to let officials issue casino permits.
Build Casinos and China Will Come
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