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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.

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Wakayama Seminar

Wakayama IR Business Connect Seminar Fully Subscribed

The upcoming Wakayama IR Business-Connect Seminar has been fully subscribed, attracting over 200 companies from the Wakayama as well as greater Kansai Region.

Bloomberry Caught Up in Bangladesh Bank Heist Legal Case

Bloomberry Resorts said its gaming unit has been cited in a US civil case attempting to recover funds stolen from Bangladesh’s central bank.

Government Proposes Voluntary Measures to Combat Gambling Addiction

The central government is proposing new measures to combat the gambling addiction associated with pachinko, horse racing, bicycle racing, etc., but its unwillingness to make any of the new measures legally obligatory is expected to draw criticism from health professionals and other stakeholders.

Tokyo Adopts Revised Tsukiji Redevelopment Plan

The Tokyo Metropolitan Government decided on Friday to adopt the proposed plan for the redevelopment of the former Tsukiji fish market as an entertainment area hosting an international conference center. The initial proposals were revised, however, by emphasizing that “food culture” would be a major theme of the redevelopment.

Galaxy Entertainment Bringing Manchester City Football Club to Japan

Macau-based IR operator Galaxy Entertainment announced on Wednesday that they will sponsor the annual “EuroJapan Cup” for two consecutive years beginning this summer. Within this framework, English Premier League champions Manchester City Football Club will play the Yokohama F. Marinos at Yokohama’s Nissan Stadium on July 27.