Vietnam – Chinese VIPs flocking to Danang casinoBy Phil - 14 December 2015
Crown International Games Club, a casino on the beach in Vietnam, is challenging much bigger Asian casinos for a slice of the Chinese VIP sector with analysts claiming its VIP turnover has reached $3bn a month more than double that at properties such as Solaire in the Philippines, NagaCorp in Cambodia and Genting Highlands in Malaysia.
Located in Danang, Crown, owned by Chinese businessman Hui Kong, is about to double its quota of hotel rooms via a $600m redevelopment that will add a JW Marriott-branded hotel and a duty free shopping mall to an expanded casino. It is already adjoined to the Crowne Plaza.
Speaking to Reuters, Ben Lee, Managing Partner at Asian gaming consultancy IGamiX, said: “This is a test case of a casino going under the radar that is doing extremely well. There is no other destination I know where the junket and casino organize 25 charter flights a week from China.”