Good morning. Less red ink, but still no profit. The owner of Vietnam’s Corona Resort & Casino Phu Quoc narrowed its first-half loss by 62.5 percent to $8.1 million, while accumulated losses reached approximately $238.2 million across its broader business. Meanwhile, Hong Kong has included horse-racing tourism in its five-year development plan, targeting roughly 46 percent growth in tourism industry value added by 2030. In Japan, a private-sector estimate puts a potential Hokkaido IR’s annual economic impact at up to $3.5 billion, although the prefecture has yet to decide whether to bid.
What you need to know
- Vietnam’s Corona casino owner narrowed its first-half loss by 62.5% to $8.1 million, with accumulated losses reaching $238.2 million.
- Hong Kong targets 46% growth in tourism value added by 2030 while including horse-racing tourism in its first five-year plan.
- A private estimate projects that a Hokkaido IR could generate up to $3.5 billion in annual economic impact and support 56,000 jobs.
On the radar
- Sihanoukville launches five-year tourism plan targeting international growth.
- Macau economy forecast to remain stable despite gaming slowdown: think tank.
- Singapore overnight visitors fall 2.2% while August arrivals hold steady at 1.61M.
- Dabble pays $763K penalty for gambling self-exclusion breaches.
AGB Intelligence
VIETNAM
Vietnam’s Corona casino owner cuts 1H26 loss by 62.5% to $8.1M
The owner of Vietnam’s Corona Resort & Casino Phu Quoc remained unprofitable in the first half of 2026, despite reducing its after-tax loss by 62.5% to $8.1 million. Shareholder contributions increased registered capital from approximately $288.5 million to $384.7 million, while equity reached $146.5 million. Accumulated losses nevertheless totaled $238.2 million at the end of June. The company’s financial results encompass its wider tourism and resort operations, meaning the loss cannot be attributed solely to the casino.
Industry Updates
- Galaxy Entertainment Group honored with four 2026 IAG Academy IR Awards.
- JCM Global to premiere iVIZION 2 bill validator at G2E Las Vegas 2026.
- BC.GAME brings BC Engine rewards and dual-engine sportsbook to SBC Summit.
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AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.
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