Report submitted to PM on Quang Ninh's $2.18 billion casino proposal

Report submitted to PM on Quang Ninh's $2.18 billion casino proposal

The MPI sent an appraisal report for the $2.18 billion Van Don casino complex in Quang Ninh to the prime minister on November 25.
Government agencies increase casino surveillance

Government agencies increase casino surveillance

The Ministry of Finance is asking casinos in Vietnam to equip their venues with a working camera system for it to properly supervise their operations.
Ho Chi Minh City proposes to open casinos

Ho Chi Minh City proposes to open casinos

Ho Chi Minh City proposes to open casinos in hotels with at least 5-star standards to encourage the development of the evening and night economy.
Localities still itch for new casinos despite losses

Localities still itch for new casinos despite losses

Despite major casino operators suffering financial losses and legal creases not yet ironed out, there are still hopes for a resurgence and even new developers entering the frame.
Provinces prepare to cash in with casino business proposals

Provinces prepare to cash in with casino business proposals

In preparation for a full reopening of international borders, some Vietnamese provinces are proposing to build brand new casinos in an attempt to lure in new tourists after years of economic uncertainty in the tourism sector.
Casino-hotel operator gambles on new investment strategy

Casino-hotel operator gambles on new investment strategy

Taiwan-backed Royal International Corporation (RIC), the operator of the largest casino in Vietnam’s the northern province of Quang Ninh, plans to invest in new facility despite suffering heavy losses since tourist numbers evaporated.
Uncertainty covers the involvement of SJM Holdings in a $6 billion project in Binh Dinh

Uncertainty covers the involvement of SJM Holdings in a $6 billion project in Binh Dinh

Hung Thinh Corporation, the developer of Hai Giang Merry Land Quy Nhon, the largest tourism complex in Binh Dinh province, has rejected the news that Macau’s leading entertainment SJM Holdings Limited was proposing to participate in this project.
SJM Holdings wants to develop $6 billion casino complex in Quy Nhon

SJM Holdings wants to develop $6 billion casino complex in Quy Nhon

Binh Dinh is requesting support for SJM Holdings Ltd. to develop a $6 billion resort and casino complex project in Quy Nhon city.
Vietnam’s integrated resort landscape taken to the next level

Vietnam’s integrated resort landscape taken to the next level

The much-anticipated 2021 grand opening of Hoiana is set to excite both the domestic and international hospitality industries, with it offering ultra-premium accommodation, glamorous entertainment, and much more for leisure travellers, golfers, entertainment enthusiasts, and trend-setters along 3km of pristine beachfront.
Betting the pot on improved casino investment conditions

Betting the pot on improved casino investment conditions

The Ministry of Finance’s proposal on reducing conditions for casino investment, if adopted, could ease burdens for financiers as the entertainment sector scrambles for a way out of the pandemic mire – but long-standing restrictions may still block the path to true progress.
VAFIE proposes casino investment to buttress tourism growth

VAFIE proposes casino investment to buttress tourism growth

The establishment of a national council governing casino and prize-winning games opens the doors to promote this entertainment at Vietnam's resorts and hotels.
Cambodia casino staff strike over pay at billion-dollar gambling den

Cambodia casino staff strike over pay at billion-dollar gambling den

Thousands of Cambodian workers at a Phnom Penh casino that turns over more than a billion dollars a year continued a strike Friday (Jan 10) calling for better pay, in a country where Chinese money has driven a gambling boom.
Raising the stakes for casinos

Raising the stakes for casinos

The pilot programme that allows local residents to gamble at selected casinos is showing positive signs, and the decree that bore the policy is being tweaked to provide increased conditions. Questions are now being raised on whether local players are a ma
Corona Casino reports $13.04 million gross profit in six months

Corona Casino reports $13.04 million gross profit in six months

Corona Casino – the first casino in Vietnam where locals can gamble – made gross profit of $13.04 million and pre-tax profit of $4.7 million in only six months.
Opposition to MoF’s proposal to ease casino investment conditions

Opposition to MoF’s proposal to ease casino investment conditions

The MoF proposal to ease investment conditions in casinos to boost investment in SAEZs, particularly Van Don, received opposition from the MPI and the MoD.
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