Tag Archives: Vietnam
Vietnam – Vietnam casinos want government to let locals play
Casinos in Vietnam want the government to amend gambling laws to allow locals to play to help the sector bounce back after the downturn caused by the global pandemic. Local media outlet VNExpress International highlighted that operators in Quang Nam and Ba Ria – Vung Tau had petitioned government for the law change. Currently only…
Cambodia – Star Vegas and Aristo reopenings see Donaco return to positive EBITDA in December
Since the reopening of the Star Vegas Resort in Cambodia in late September, and the Aristo International Hotel in Vietnam, the December quarter was a turnaround period for Donaco with a return to positive EBITDA of A$3.70m and negative EBITDA of A$0.13m respectively, resulting in positive EBITDA of A$3.57m for the overall group. The result…
Vietnam – Donaco reports positive EBITDA at Star Vegas and Aristo
Since the reopening of the Star Vegas Resort and Club in Cambodia in late September, and the Aristo International Hotel in Vietnam, Donaco International has seen two months of positive EBITDA for October and November, of US$0.54m and USD$0.8m respectively for the overall group. The growing trend has continued into December and the Company is…
Vietnam – Versaces Club signs up for IGT Advantage in Hanoi City
Bao Son International Hotel Versaces Club in Hanoi City, Vietnam is replacing its existing casino management system (CMS) with the IGT Advantage CMS to operate its loyalty program, monitor and optimize its casino floor, and perform a range of other essential functions. In addition, Versaces Club has implemented the IGT Advantage Lucky Coin bonusing module…
Vietnam – Donaco starts road to recovery after months of disruption
With income minimal for the three months to September 30, Donaco International has said it has the long road to its recovery starts from its loss of AU$2.7m (US$1.9m). Gaming revenue at Star Vegas fell 45 per cent due to the closure of the casino on April 1 2020 in adherence with the Cambodian government…
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 – Vietnam’s Ministry of Finance looks to ease investment rules for casinos
Vietnam’s Ministry of Finance (MOF) is pushing for new gaming laws aiming to help existing casinos and future investors following the downturn in business following the coronavirus pandemic. It is looking to remove the stipulation that casinos must pay half of a project’s total investment before its license is granted, but the minimum investment of…
Vietnam – APE introduces full-range of electronic gaming equipment to Hoiana in Vietnam
Asia Pioneer Entertainment has completed an install of its full-range electronic gaming equipment to the new integrated casino resort Hoiana in Vietnam which is located in Hoi An, Quang Nam Province. APE introduced its full-range of EGE products, including Karma ll roulette from Spintec and Dragon’s Victory Linked Jackpot Progressive Slot from Konami. The Karma…
