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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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City of Parañaque Grants Approval for New Landing IR

Landing International Development Ltd. has announced it has been granted approval from the city council for a new integrated resort in the City of Parañaque, Philippines.

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.

Lawrence Ho: Japan IR Revenues Unlikely to Reach Macau Levels

Melco Resorts Chairman and CEO Lawrence Ho does not expect that Japanese IRs will produce revenues on the scale of Macau, but he is nevertheless more than willing to build “a 10 billion USD plus resort” in either the Kansai or Kanto regions of the country.

Macau MICE Participation Rises in 2018Q1

Macau’s 2018Q1 MICE statistics showed the gaming hub hosted few events, but the larger exhibitions and conferences drove total participation up by 31.5 percent.

Goa Tax Authorities Demand Service Tax on License Fee

The intelligence arm of Goa’s tax department has served notices to ten casinos in Goa, demanding they pay a service tax on their license fees, local media reports.