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Tag Archives: Hoiana

Vietnam – Sun City Holdings confident that pent up demand will fuel recovery

Sun City Group Holdings, the 77 per cent owner of Russia’s Tigre de Cristal, the operating force behind Hoiana in Vietnam and the developer of the Westside City Project in Philippines, has said a ‘roller coaster’ of a year saw its revenues plunge 67 per cent to RMB199.3m. The year of COVID dampened the opening…

Vietnam – TransAct to supply Epic 950 and Epic Edge to Hoiana Suncity

TransAct Technologies, a global leader in software-driven technology and printing solutions for high-growth markets, has been selected by Hoiana Suncity in Vietnam to support the opening of their new casino. Hoiana Suncity has chosen two TransAct products, the industry-leading Epic 950 for ticket-in, ticket out (TITO) in the casino’s 300 slot machines and the Epic…

Vietnam – Hoiana tipped for big things with comparisons to NagaWorld

Suncity’s Vietnam integrated resort project, Hoiana, is being tipped for big things by research firm Smartkarma who believes the casino will generate annual EBITDA of US$470m, equating to 70 per cent of NagaCorp’s NagaWorld in Cambodia. It expects Hoiana to generate GGR of US$2.35bn per year based on the performance of a VIP room Suncity…

Vietnam – Hoiana to open for preview on June 28

Suncity Group has confirmed that Hoiana, the integrated resort project of which Suncity holds 34 per cent of indirect equity interest in, is going to be opened for preview on June 28 2020. The Hoiana story began in 2016 when its ground breaking ceremony marked the commencement of the most ambitious tourism development in Central…

Vietnam – Casino licence granted for Hoiana until 2080

Hoi An South Development Co Ltd, the Vietnam-based joint venture of which Suncity Group holds a 34 per cent stake, has secured a casino operating license for its Vietnamese integrated resort, Hoiana, running until December 2080. Hoiana, a joint venture between Suncity, Chow Tai Fook and VinaCapital Group, is located in Hoi An South on…

Vietnam – Launch of Hoiana delayed until 2021 due to coronavirus

Suncity, Chow Tai Fook and VinaCapital Group have jointly announced that they will be delaying the launch of Hoiana located in Hoi An South in Vietnam’s Quang Nam province until 2021 due to the COVID-19 pandemic. It will though host an ‘exclusive preview’ later this year of the $1bn Phase 1 of the project, which…

Vietnam – Sun City completes purchase of Hoiana shares

Macau junket operator Suncity Group has completed its purchase of just over a third of a share in Hoiana, the integrated resort project to open in Hoi An South in Vietnam next year. Suncity subsidiary Goal Summit now owns the entire equity 34 per cent interest previously owned by Star Admiral. It joins the project’s…

Vietnam – Former Okada Manila President Steve Wolstenholme to lead Hoiana

Vietnam’s Hoi An South Development has announced the appointment of former Okada Manila President and Managing Director Steve Wolstenholme as Group Chief Operating Officer. The US$4bn Hoiana integrated resort – a joint venture between Suncity Group, VinaCapital and VMS Investment Group – is located 30 kilometers south of Da Nang in central Vietnam. Mr. Wolstenholme…

Vietnam – Suncity buys 35 per cent of Hoiana casino project

Hong Kong-based, Macau junket Suncity Group Holdings is snapping up a 34 per cent share in Hoiana a casino resort destination destined for the south of Hoi An in central Vietnam, for US$76.8m. The Hoiana project, which will be located in the Chu Lai Open Economic Zone in Quang Nam Province, includes investors such as…