Vietnam’s Ministry of Planning and Investment has confirmed that the first casino to allow locals to gamble will be Vinpearl Phu Quoc Casino Resort located at the Bai Dai Integrated Resort, which is currently under construction on Phu Quoc island, Vietnam`s largest island in the southernmost province of Kien Giang.
Vinpearl Phu Quoc, an integrated casino complex managed by Vingroup, will be the first venue to take part in a three-year pilot program which is expected to launch at the casino’s opening in mid-July. It will have over 100 roulette tables, baccarat tables and over 1,000 slots.
The casino will have an 18,800 square meter gaming floor spread over two floors alongside a 4 star casino resort with 1,440 rooms.
Vietnamese players will be charged a casino entry fee of VND1m (US$44) with a monthly pass costing VND25m. Gamblers will need to have documents detailing that they earn monthly income of at least VND10m.
As part of the project, Carlson Rezidor Hotel Group has revealed it had signed a deal with Vietnam’s Phu Quoc Tourist Investment and Development Joint Stock Co to manage a hotel.
A spokesperson for Carlson Rezidor stated: “Guests can also access the fully-equipped fitness centre, outdoor swimming pool, spa and a VIP lounge, as well as Casino Phu Quoc, the first in Vietnam to permit domestic entry.”
The Van Don entertainment complex will host the other casino to allow locals to gamble as part of the trial. The $2bn venue is scheduled to open in 2025 with the $4bn Corona Resort and Casino gearing up for its opening.
Last week, the National Assembly in Vietnam approved new laws to allow sports betting.