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Vietnam Opens First Casino Allowing Locals

Vietnam locals were able to gamble in a casino in their own country for the first time from Saturday, with the opening of the Corona Casino on Phu Quoc Island off the south coast.

Suncity Confirms Vietnam and Cambodia Gaming Businesses as Lawful

Suncity Group, which recently announced its foray into IR projects in Cambodia and Vietnam, has assured its shareholders that its activities in these countries is lawful under Hong Kong laws.

China Protests Seen Unlikely to Dent Indochina Prospects

A backlash against a perceived influx of Chinese investment has sparked protests in both Vietnam and Cambodia this year, though experts say the outlook for two of the region’s most promising gaming markets remains positive.

Vietnam Passes Bill to Allow Betting on Approved Sports Events

The Vietnamese government has passed a new law that allows locals to bet on government-approved sports events, local media reports.

Suncity Extends Deadline for Vietnam IR Stake Purchase

Macau junket operator Suncity Group has again extended the deadline for the purchase of a 34% stake in a casino project in Vietnam until July 31.

Laguna Lăng Cô Receives Casino License, Expects 2022 Opening

The Laguna Lăng Cô integrated resort is expected to open its new casino in 2022, after receiving the country’s first casino license in ten years.

Vietnam Mulls Cutting Casino Tax Incentives

Vietnam is considering a proposal to cut tax incentives give to casino and other gaming ventures in the country’s special economic zones, local media reports.

Suncity Forms Japan Consortium, Eyes Local Gaming in Vietnam

Suncity Group, Macau’s leading junket operator, has formed a consortium in Japan to study a potential license bid there, executive director Andrew Ho said in an interview.

Steve Wolstenholme Joins Vietnam IR

Steve Wolstenholme, president and managing director of Okada Manila, has been appointed as chief operating officer of the Hoi An South project in Vietnam, the company developing the resort said in a statement.

Trending Articles

Casino Legislation Remains Deeply Unpopular

Among Japanese lawmakers, dominated by conservative political parties, there is strong support for passage of the IR Implementation Bill in the current Diet session, but the latest poll by the Kyodo News agency shows that the legalization of casino gambling remains deeply unpopular with the public at large.

Sega Sammy’s Haruki Satomi Speaks of IR Ambitions

Haruki Satomi, president and COO of Sega Sammy Holdings, as well as the son of company founder Hajime Satomi, was interviewed on CNBC on May 4, speaking of his company’s IR ambitions.

EY Wins Wakayama RFI Consulting Contract

On Thursday, the Wakayama Prefectural Government announced that it had selected the auditing firm EY to conduct its RFI process with IR operators.

Bloomberry Resorts Eyes Wakayama IR Bid

Philippines-based Bloomberry Resorts, the operator of the Solaire Resort in Manila, was an early mover on seeking an IR license in Japan, and their main interest appears to have converged on Wakayama’s Marina City location.

Wynn Resorts Appoints First Sustainability Officer

Wynn Resorts has announced the appointment of Erik Hansen as the company’s first Chief Sustainability Officer.