Corona Resort & Casino, on Phu Quoc island in Vietnam, said that a reported dispute over a payout to a player has been resolved and involved one of its junkets and not the casino itself.

Corona Resort & Casino, the only operating casino in Vietnam where locals are allowed to gamble, has closed until further notice due to a spike in Covid infections.

Universal Entertainment Corporation has announced its decision to donate to the Philippines “UV-C Irradiation Device” that it developed and manufactured as a measure to help prevent the spreading of Covid-19.

The Corona Casino in Phu Quoc, Vietnam, held a party and other celebrations to mark its second anniversary since its opening in early 2019.

To round out the week we have our Face to Face video interview series, this time with Vicky Melbourne, head of industrials, property, and consumer for South Asia and Southeast Asia at Fitch Ratings, who discusses her analysis of the capital investment plans of Asian gaming firms amidst the pandemic.

The Vietnam Ministry of Finance said that despite complicated epidemic diseases in the first half of 2020, the Corona Casino in Phu Quoc achieved revenue of about VND700 billion (US$30 million) and paying taxes of about VND212 billion.

The trial period allowing Vietnamese citizens to gamble at select casinos has been extended until December 31st, 2024, with the Phu Quoc casino project reporting mixed financial outcomes during the pilot phase.

It’s always darkest before the Don. Vietnam's ambitious plans to develop a thriving integrated resort (IR) sector have encountered significant hurdles, with the Phu Quoc pilot project and the Van Don plans facing notable challenges. Despite these setbacks, some experts remain cautiously optimistic, citing the region's recovering tourism industry and Vietnam's overall economic resilience, potentially benefiting the IR sector in the long run.

Vietnam’s ambitious plans to develop a thriving integrated resort (IR) sector have encountered hurdles, with the Phu Quoc pilot project and the Van Don plans facing notable challenges.

The Vietnamese gaming market is approaching saturation, says Tim Nguyen, a 20-year veteran of the casino industry in the Southeast Asian powerhouse.