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.

The casino is being managed by Netherlands-based Upffinity Gaming Management, which signed an exclusive management accord in May 2017.

The casino forms part of the Corona Integrated Resort, which includes Radisson Blue hotel, Vin Oasis hotel, Safari and Amusement park, convention center, theater and shopping experience.

The was designed by Steelman Partners and consists of 17,000 square meters of gaming space with 100 tables and 1000 electronic gaming machines, three restaurants, two specialty bars & lounges.

Vietnam passed legislation in 2017 that allowed for a three-year pilot scheme under which locals would be able to gamble in two integrated resorts, Phu Quoc and another resort under construction in the far north of the country. Lifting the locals ban is seen as a key driver for foreign investment in the sector as it cuts the risk of relying solely on income from tourists.

If the scheme is successful, it is expected to be expanded to other resorts across the country. (AGB)