Friday, April 26, 2024

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Singapore takes lead over Thailand and Vietnam in wooing Chinese tourists back

Singapore has outpaced its neighbors in regaining Chinese tourists, boasting a 96 percent recovery rate, well ahead of Thailand and Vietnam.

Potential Thailand gaming market won’t impact Vietnam: Grand Ho Tram CEO

The CEO of the Grand Ho Tram Resort, Walter Power, does not see a large impact on the Vietnam gaming market if neighboring Thailand is to advance to open up the sector.

Vietnam urges Macau to ease visa regulations

The Consul General in Hong Kong and Macau (China) has proposed that Macau implement measures to revive and broaden bilateral tourism, such as easing visa regulations for Vietnamese travelers.

Bangkok police arrests 18 Vietnamese individuals in anti-gambling sting

Authorities in Thailand have arrested a group of eighteen Vietnamese nationals during a raid on a luxury property in Bangkok for allegedly conducting illicit online gambling activities.  

Football betting biz in Vietnam mandates bidding process: report

According to a newly issued government decree in Vietnam, the international football betting business project will be required to undergo a bidding process to select investors.

Vietnam targets 18 million international visitors in 2024

Vietnam is targeting some 17 to 18 million international visitors in 2024, with tourism receipts expected to reach some VND840 trillion ($34.7 billion).

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.

Under the Scope: Sun Group poised for success with $2.1 billion casino in Van Don, Vietnam

The new $2.1 billion integrated resort in Vietnam’s Van Don economic zone in Quang Ninh is going to be run by developer Sun Group, notes expert Ben Lee, pointint out the advantages for operators and junkets within the region, and the Sun Group’s likelihoods of success.

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.

Your Daily Asia Gaming eBrief: Vietnam operators shifting away from VIP, need more Asian mass

Gaming operators in Vietnam are aiming to rethink their business models, to shift away from VIP, as limitations by China have caused a reduction in players. While cozying up to Korean punters, operators are hard-pressed to get more mass or VIP from Southeast Asia, even as political changes cause speculation and delays for both current operators and those looking to enter the market.