Vietnam

Hong Kong-listed Sun Century Group Ltd. has announced it plans to provide consultancy, advisory and technical services for an integrated resort project in Vietnam.

Australia-listed Donaco International posted higher profit in the first half of FY17, up 5 percent to A$14.8 million (US$11.4 million), according to a filing to the ASX on Thursday.

International casino operators have their eyes on Vietnam again after the latest gaming decree opened up casinos to locals.

While Vietnamese citizens will be able to gamble at certain domestic casinos come mid-March, proving they meet the minimum income requirement will be difficult for some.

Vietnam has confirmed certain designated integrated resorts will allow locals to gamble for a three-year trial basis as part of the government’s new regulations for the industry.

Vietnamese punters will finally be able to place wagers on international football matches from the end of March as a result of a new decree release by the government on Friday.

In mid-January 2017, Vietnam lifted its long-standing ban on domestic gambling, allowing Vietnamese locals to finally enter select casinos in the country.

There is a chance that Vietnam’s Ho Tram casino may be approved as a location for Vietnamese gambling, say industry experts.

Vietnam has officially lifted its long-standing ban on gambling, with locals allowed to enter two selected casinos in the country starting mid-March.

Lottery sales in Southern Vietnam increased 8.1 percent to VND 66.68 trillion ($2.9 billion) in 2016. A total of 856 million lottery tickets were sold via the region’s 21 lottery firms. Combined profit between the firms are estimated to be around VND 8.8 trillion.

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