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.
Capital resources at billion-dollar casino project of KN Cam Ranh

Capital resources at billion-dollar casino project of KN Cam Ranh

KN Paradise resort of KN Cam Ranh has applied to adjust its total investment capital to VND46.371 trillion ($2.02 billion) to open a casino.
All bets placed on Phu Quoc casino

All bets placed on Phu Quoc casino

A casino in the southern island of Phu Quoc is set to be the first location in Vietnam to permit local people to gamble on its premises, contributing to the creation of a new multi-billion dollar industry in Vietnam, which has so far endured a turbulent path.
Revised casino decree to further relax restrictions

Revised casino decree to further relax restrictions

Major casino development in Vietnam has been on a slow and rocky path, but the country has recently permitted integrated resorts to feature casinos and open for local guests, with business conditions expected to loosen even further in the near future. However, developers still have a lot of work ahead of them.
MoF tables wide-scale proposal on gambling and casino business

MoF tables wide-scale proposal on gambling and casino business

The MoF's proposal to cut investment conditions on segments like casino, lottery, and betting, would stimulate investors to implement their projects.
Japan dreams of jackpot with legal casinos

Japan dreams of jackpot with legal casinos

At a casino school in Tokyo, croupier-in-training Takuto Saito settles behind a green table and reaches for the roulette wheel, addressing a group of imaginary punters: "Spin up. Place your bets."
Tide of shrinking foreign investment on the turn

Tide of shrinking foreign investment on the turn

The licensing of the first casino project in ten years in Laguna Lang Co Resort has countered shrinking foreign investment in the past months.
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