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MoF reports on casino businesses’ financial losses
The report outlines that the accumulated revenue from 2019 to 2023 of this project reached more than VNĐ6.4 trillion (US$259.1 million), contributing roughly VNĐ3.8 trillion ($153.8 million) to the State budget. Illustrative photo by VNA The Ministry of Finance has reported on the casino business...
Locals program unlikely to be expanded, despite Covid
Appeals from Vietnam’s casino owners to allow locals to gamble are likely to fall on deaf ears despite plummeting revenue due to the closure of international borders. Vietnam Ha Long Bay Although foreign investor interest is strong in Vietnam, the market is complicated, with government...
Danang Finance Center part of $8 billion investment by IPPG
A few more details have become available regarding the international finance center to be built in Danang, which is set to feature a trading center, casino, and high-end entertainment and luxury apartments. According to the city’s Investment Promotion Agency (IPA), Huynh Thi Lien Phuong said the...
Macau estimates cut, Korea lags and Weidner eyes Danang
For those of you just returning to your desks after the Easter break, it’s been a busy few days in terms of news in the Asian gaming industry, from a potential new mega project in Vietnam, to the latest on the impact of the Covid pandemic and more details about Japan’s casino regulation. But...
Suncity cutting costs at Hoiana, seeks expansion ops.
Suncity Group Holdings says it’s putting cost cutting initiatives in place to enable its flagship Hoiana resort in Vietnam to ride out the pandemic storm and continues to explore international opportunities. Suncity reported that it returned to profit for 2020, despite a 67.4 percent drop in...
Vingroup’s “sleepless city” IR to open April 21
Vietnam real-estate giant Vingroup Group has announced it will officially open its long-awaited $2.8 billion Phu Quoc United Center on April 21, 2021. Covering more than 1,000 hectares, and with 24/7 resort and shopping offerings, the Phu Quoc United Center is said to be the country’s first...
4-season tourism potential at Corona Resort & Amp; Casino Phu Quoc
25km north of Duong Dong town center, Corona Resort & Casino Phu Quoc has the potential to exploit 4 attractive seasons of resort and entertainment tourism. After nearly 2 years of operation, Corona Resort / Casini Phu Quoc has become a familiar destination for domestic and foreign tourists....
4-season tourism potential at Corona Resort & Amp; Casino Phu Quoc
25km north of Duong Dong town center, Corona Resort & Casino Phu Quoc has the potential to exploit 4 attractive seasons of resort and entertainment tourism. After nearly 2 years of operation, Corona Resort / Casini Phu Quoc has become a familiar destination for domestic and foreign tourists....
Detention of 39 people in connection with large casino on Vo Van Kiet street
The investigating police agency of Ho Chi Minh City Police Ho Chi Minh City detained 39 people and handed over the violators to the Police of District 6. Authorities arrested several people involved on The Afternoon of September 25 – Photo: A.X. On the afternoon of September 30th, related to...
Breaking the nearly VND 1,000 billion gambling line in Hanoi
Hanoi police have just destroyed the gambling line with an amount of nearly VND 1,000 billion. Catp Hanoi Criminal Police Department has just destroyed the gambling line, organized gambling in the form of football betting, lots up to VND 1,000 billion. Suspect in gambling line arrested Through the...most popular
Hanoi police have just destroyed the gambling line with an amount of nearly VND 1,000 billion. Catp Hanoi Criminal Police Department has just destroyed the gambling line, organized gambling in the form of football betting, lots up to VND 1,000 billion. Suspect in gambling line arrested Through the...
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MoF reports on casino businesses’ financial losses
The first casino in Hoi An is about to open after 4 years of construction On June 28, Hoiana Phase 1 is ready to open its doors to customers to experience the first infrastructure. After 4 years of construction, the Hoiana complex project is expected to open to welcome the first guests at the...