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.
Vietnam grants first casino licence in ten years to Laguna Lang Co

Vietnam grants first casino licence in ten years to Laguna Lang Co

Laguna Lang Co has officially received the first casino licence from the Vietnamese government in the past decade.
Vietnam’s largest casino to open gates next year

Vietnam’s largest casino to open gates next year

Suncity Group is undaunted in its ambition to build Vietnam’s largest casino in Quang Nam. The project is expected to be launched next year.
Laguna Lang Co receives investment certificate for expansion and casino

Laguna Lang Co receives investment certificate for expansion and casino

Banyan Tree Holdings has been granted the license to increase its total investment capital at Laguna Lang Co integrated resort to $2 billion.
Phu Quoc is not ready to roll dice

Phu Quoc is not ready to roll dice

The Vietnamese government has temporarily got cold feet about a $4 billion casino project on Phu Quoc island.
Proper discussion will lead to right decision

Proper discussion will lead to right decision

Las Vegas Sands Corp. has shown keen interest in developing casinos in Vietnam.
Casino projects face legal hindrances in Vietnam

Casino projects face legal hindrances in Vietnam

While confirming that the establishment of casinos is necessary for the development of world-class tourism centers in Vietnam, a top official from the Vietnam Chamber of Commerce and Industry said this activity should be watched closely by administrative authorities.
1 2 3