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.

Casino hotel rolls dice with public offer public

The Royal International Corporation is set to offer a unique opportunity for investors to buy into a casino hotel complex in Halong Bay following plans by the Taiwanese-backed company to launch an initial public offering (IPO) early next year.