Friday, May 17, 2024

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S. Korea and Vietnam IRs expect to gain from Macau’s loss

Increased scrutiny on Macau's operations and the crackdown on its junkets are actually gains for other regional operators, say executives from INSPIRE Entertainment Resort and Hoiana Resort and Golf.

Daily Asia Gaming eBrief: Sun Group to develop $2 billion IR in Van Don, Vietnam

Real estate developer and Vietnamese hospitality giant Sun Group is set to be the developer of the proposed $2 billion integrated resort, featuring a casino, in Van Don - in northeastern Vietnam's Quang Ninh province. In this week's Under the Scope, expert Ben Lee points out how the group is well-positioned to take advantage of being one of two companies in the nation to allow locals to gamble, while also leveraging junket play.

Hoiana’s recovery is underway, with the Vietnam-based IR receiving 69,000 visitors in 1H23.

Hoiana Resort & Golf is well on its way to a remarkable recovery from the challenges posed by the COVID-19 pandemic. The number of hotel guests and casino visitors at Hoiana experienced a significant surge, going from a mere 5,000 in 2020 to an astounding 51,000 in 2022 and an even more impressive 69,000 in 1H23.

Billionaire family from Chow Tai Fook Enterprises takes over Vietnam casino formerly owned by Alvin Chau 

According to Bloomberg, the Hong Kong billionaire family Cheng from well-known Chow Tai Fook Enterprises has taken over the Vietnam casino - Hoiana Resort, formerly controlled by Macau junket kingpin Alvin Chau.

Vietnam drops pre-departure covid-19 test requirement

Vietnam has dropped its requirement for foreign travelers entering the country to be tested for Covid-19 prior to entry.

Vietnam to open intl air travel with nine countries from Jan 1

The Vietnam government has approved the resumption of commercial flights between Vietnam and several international destinations starting from January 1, 2022.

Hoiana to welcome first U.S. tourists as Vietnam reopens

Suncity Holding's Hoiana resort in central Vietnam is set to welcome visitors from the U.S. this week under a vaccine passport program, according to local media.

Your Daily Asia Gaming eBrief: Vinpearl proposes US$2.2 billion IR on Vietnam’s Hon Trey island

The new day begins with a proposal by the local firm Vinpearl to build a new US$2.2 billion casino resort on Vietnam’s Hon Trey island that would open in phases from 2024.

Vinpearl proposes US$2.2 billion IR on Vietnam’s Hon Trey island

Hospitality firm Vinpearl Co. is proposing the construction of a new VND50 trillion (US$2.2 billion) IR on Vietnam’s Hon Trey island.

China/Vietnam agree security accord with gambling in cross hairs

China and Vietnam have agreed on a security pact to cooperate in busting crimes linked to areas such as cross-border gambling, telecom fraud and terrorism.