Vietnam May Extend Casino Trial Period by Two Years

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West Island

Vietnam Plans $2.2B Luxury Casino Resort in Van Don

In an ambitious bid to expand its tourism and entertainment sector, Vietnam's government is contemplating the creation of a lavish integrated resort casino, with an estimated cost of $2.2 billion. Nestled within the Van Don Special Economic Zone in the Quang Ninh Province, which lies in the picturesque northeastern part of the nation, this resort…

Land-based ・ 27 November 2023

Gambling Insider

Asia round-up: Emperor, ACMA, Malaysia & our top stories from the region this week

Operator of the Grand Emperor Hotel, Emperor Entertainment, has reported total revenue of HK$108.6m (US$13.9m) for the six months up to 30 September 2022. The company says this figure, a 51% decline from the prior-year period, is a result of the cessation of the operator's Macau gaming business. It was announced that the Grand Emperor Hotel in…

Law ・ 25 November 2022

Asgam

Momentum grows for Vietnam’s pilot casino program for locals to be extended

Vietnam's Deputy Minister of Finance says a pilot program allowing locals to gamble at Corona Resort & Casino on Phu Quoc island must be extended in order to gauge its true effectiveness. Speaking with local media outlet Tuổi Trẻ, Nguyen Duc Chi confirmed the Ministry of Finance has submitted a request to the Politburo to extend the program, citing…

Law ・ 11 January 2023

Gambling News

Judge Grants 90-Day Stay on Ruling Discarding Atlantic City Casinos Tax Break

Judge Michael Blee of the New Jersey Superior Court has granted the requested stay on the court decision to throw away a major tax break for Atlantic City casinos introduced by an amendment to the PILOT tax program in 2021 The Press of Atlantic City reported that judge Michael Blee has ruled for a stay of 90 days on his court decision that the law…

Land-based ・ 17 October 2022

Wild Casino

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Yogonet

Georgia's Ministry of Finance meets with gambling industry representatives to discuss sector requirements for EU bid

According to an announcement from the Ministry of Finance of Georgia, Deputy Ministry of Finance Mikheil Dundua on Monday met with representatives of the country's gambling business to discuss the sections related to the industry in the European Union's 12-point conditions for granting the nation the membership candidate status. The discussion…

Industry ・ 20 September 2022

Vegas Slots Online

60 Vietnamese Manage to Escape From Cambodia Casino

For the second time in a month, a large number of Vietnamese nationals have escaped from a Cambodian casino where they were allegedly being exploited. [Image: Shutterstock.com] Over the weekend, 60 Vietnamese citizens escaped from a casino in Cambodia where they were allegedly being held and exploited. It marks the second time a group of Vietnamese…

Jobs ・ 19 September 2022

VnExpress

Cambodian police rescue Vietnamese woman from gambling company

Vietnamese escapees from a Cambodian casino rest at a house in An Giang Province, southern Vietnam, August 19, 2022. Photo by VnExpress/Ngoc Tai Police in Cambodia's Sihanoukville City said they rescued a Vietnamese woman from an online gambling firm on Friday as part of a crackdown on illegal labor and human trafficking. The woman, whose identity…

Incidents ・ 19 September 2022

Khmer Times

Authorities tighten noose around illegal gambling

Crackdown on illegal gambling should begin at the local level, according to the Cambodian Gambling Regulatory Committee (CEC). In Cambodia, gambling is allowed only for foreigners, and at licensed casinos. Ros Phearun, secretary general of Cambodian Gambling Management Committee of the Ministry of Economy and Finance, told local authorities that…

Law ・ 12 September 2022

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The Record

Did the OLG break its promise not to allow slot machines in bingo halls? Wong-Tam demands answers from province to find out

New Democrat MPP Kristyn Wong-Tam is calling on the provincial government to provide answers and transparency about an OLG program that quietly transformed dozens of bingo halls into de facto mini-casinos, with "Vegas-style" gambling machines that are strikingly similar to slot machines. The former Toronto city councillor, who voted almost a decade…

Bingo ・ 01 September 2022

The Diplomat

Should Cambodia Ban Casinos?

To quickly answer the question posed in my headline: not yet. But the Cambodian government needs to at least put this possibility on the table, to set a fire under the feet of the casino owners. A statement must be made by Phnom Penh that casinos have less than 12 months to turn the current dire situation around. If they fail, then regular gambling…

Covid ・ 30 August 2022

VnExpress

Vietnamese parents buy back children from Cambodian casino mafia

Four families in Hai Phong City visited Cambodia to pay thousands of dollars in ransom to get their children back after the latter were tricked and trafficked by an acquaintance. Nguyen Tuan of An Duong District in Hai Phong learned late March that his teenage son wished to travel to Cambodia and work with his friends. It was Nguyen Van Anh, 45,…

Innovation ・ 29 August 2022

Asgam

Cambodia renews 47 casino licenses in bid to boost sector

Cambodia's Ministry of Economy and Finance (MEF) says it has renewed 47 casino licenses and another seven games of chance licenses as it looks to help the gaming sector rebuild from the effects of the COVID-19 pandemic. The update, provided by the Ministry's General Secretariat of Commercial Gambling Management Commission of Cambodia (CGMC) on…

Covid ・ 23 August 2022

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Yogonet

Cambodian government renews 70 licenses for casinos and gambling-oriented companies

The General Secretariat of Commercial Gambling Management Commission of Cambodia (CGMC) of the Ministry of Economy and Finance (MEF) has announced the renewal of 70 licenses to casino and game of chance companies in the second quarter of this year. The General Secretariat granted licenses to 47 casinos and seven games of chance companies on Friday,…

Covid ・ 22 August 2022

GGRAsia

Non-China VIPs key target for Asia casinos: marketers

Acquiring VIP and premium-mass gamblers from outside China is a priority for Asia Pacific casino operators, say several industry marketing specialists spoken to by GGRAsia. That could be a challenge particularly for Macau operators, that have spent more than a decade generating a lot of their gambling volume from high-value customers from mainland…

Covid ・ 23 August 2022

Casino Guru

Vietnam seeks to expand local support for gambling

Vietnam's recovering tourism and leisure industries may need a boost from the locals for just a little while longer. This is the request Vietnam's Ministry of Finance has placed with the Party Personnel Committee, a government unit that oversees the current pilot program which enables locals to gamble, VietnamNet first reported. The Ministry is…

Covid ・ 08 July 2022

Recent Slot Releases

Vietnam: Two New Casinos Proposed for Foreigners

Vietnam's Ministry of Finance is backing proposals by Da Nang City and Khanh Hoa Province to license two new casinos meant exclusively for foreigners. Prospective casinos would be built at Da Nang City's entertainment and resort complex Sun World Ba Na Hills, and Khanh Hoa Province's Hon Tre Island. The two locations have large tourism potential…

Covid ・ 07 July 2022

The Bharat Express News

Ford government could lose $2.8 billion in online betting, report warns

As Premier Doug Ford's government prepares to open up Ontario's online gambling market, there is a warning that its plans could see the province and municipalities lose hundreds of millions of dollars in annual revenue. That warning is in a new report from a gaming industry consulting firm, obtained by TBEN News. The report was prepared for Great…

Covid ・ 17 January 2022

BeInCrypto

Law Enforcement in Vietnam Crackdown on Illegal Crypto Gambling Ring

Police in Vietnam are investigating a case involving the theft of ETH, USDT, and TRON from gambler's wallets by four Vietnamese individuals running an online gambling operation, which is illegal in the communist nation. Embattled police in Vietnam have apprehended 59 individuals, believed to be part of a gambling ring in Ho Chi Minh City, that…

Law ・ 05 December 2021

The Dubrovnik Times

Top Casinos to Visit in Dubrovnik

At present, both online and land-based gambling activities are perfectly legal in Croatia. Croatia proclaimed its independence not so long ago in 1991, so the country's gambling laws and regulations are yet to be fully formed. When compared to other European countries, the gambling industry in Croatia is still in its infancy. At the same time, many…

Blackjack ・ 01 December 2021

VnExpress

$617-mln transnational gambling ring cracked

More than 200 police officers helped take down a VND14 trillion ($617.8 million) online gambling ring operational across Vietnam. The Department of Cybersecurity and Hi-tech Crime Prevention under the Ministry of Public Security had on Nov. 4 sent 15 task forces to inspect various addresses in Hanoi, northern provinces of Lang Son, Quang Ninh, Thai…

Incidents ・ 08 November 2021

Kelowna InfoNews

Online gambling increases, but not enough to make up for casino closures

More than 10 months after closing due to the COVID-19 pandemic, there is still no sign of an opening date for British Columbia casino operations. The B.C. Ministry of Finance says casinos have submitted safety plans which have been reviewed by Worksafe BC and the provincial health office. Conversations on when and how casinos might reopen are…

Covid ・ 29 January 2021

World Casino News

August annoyance for Macau casinos

The 39 casinos in Macau reportedly continued to be negatively impacted by the coronavirus pandemic last month as their aggregated gross gaming revenues decreased by 94.5% year-on-year to stand at just over $166.61 million. According to a report from Inside Asian Gaming citing official information from the enclave's Gaming Inspection and…

Covid ・ 07 May 2021

Bangkok Post

House paves way for first Thai casino

The House of Representatives on Thursday approved a full report of the proposal to set up a casino-entertainment zone in Thailand following a three-hour meeting to discuss the matter. The report was prepared by a special committee set up in December 2021, following a 310 to nine House vote in favour of weighing up the economic value an…

Gambling Addiction ・ 14 January 2023

Agenda

Deputy finance minister, gambling industry representatives discuss business-related conditions for Georgia’s EU candidacy

Georgian deputy finance minister Mikheil Dundua on Monday met with representatives of the country's gambling business to discuss the sections related to the industry in the European Union's 12-point conditions for granting the country the membership candidate status, the ministry of finance said. The discussion involved a review of articles in the…

Industry ・ 19 September 2022