VietNamNet Bridge - The real estate prices in Van Don in Quang Ninh province began escalating after Tet in February, when transactions resumed. 

VietNamNet Bridge - Many casinos have been or are going to open in the central region, particularly on the coast.

VietNamNet Bridge - Van Don, Bac Van Phong and Phu Quoc - three special economic zones (SEZs) – are new destinations for large real estate developers. 

VietNamNet Bridge - Union Gaming Securities Asia (Macau) estimates that if Vietnam has 30 casinos, it could earn $1.2 billion in gross revenue.

VietNamNet Bridge - Van Don, a peninsula with total area of 551 square kilometers, has changed its look rapidly since it became one of three ‘candidates’ chosen to try the special economic zone (SEZ) model in Vietnam.

VietNamNet Bridge - The regulation on allowing Vietnamese to go to casinos is attracting many investors. 

VietNamNet Bridge - Investors are rushing to apply for new licenses and resume projects on racecourses and casinos, but experts say Vietnam should not grant too many licenses in the field.

VietNamNet Bridge - Soon after the government of Vietnam approved sports betting, investors began plans to pour millions of dollars into projects. 

VietNamNet Bridge - At least four foreign investors have drawn up casino and betting projects capitalized at billions of dollars in Vietnam.

 The latest decree on gambling sets for the scene for the industry to finally secure a foothold in Vietnam.

VietNamNet Bridge - The newly released Decree 03 stipulates that Vietnamese will be allowed to go to casinos during a trial period of three years. What will happen after that period?

Many investors who gave up casino development projects some years ago are considering returning as the government has turned the green light on allowing Vietnamese to go to casinos.

A flight carrying the representative of a US-based group which runs many large casinos worldwide landed in Vietnam just days before Vietnam’s traditional Tet holiday. 

The government has finally allowed Vietnamese to gamble at casinos. However, because of strict requirements set by the watchdog agency, it will be not easy for locals to enter casinos.

A government Decree 06 dated February 3 on legalizing horse, dog and football betting, to take effect on March 1, is expected to pave the way for the development of sport betting businesses.

VietNamNet Bridge - Vietlott and traditional lotteries, casinos, and dog and horse races are causing social problems, some people contend, but experts believe they are a normal part of the market economy.

VietNamNet Bridge - Most casinos have reported losses, caused mainly by the fall in the number of travelers from China and Taiwan.

Vietnamese may be able to visit casinos if they are 21 years old or older and earn at least VND10 million a month, or if they are third-level taxpayers with high personal income, according to a draft decree on casino management.

VietNamNet Bridge - Investors, both foreign and Vietnamese, are running a race for licenses to open horse race courses.

While Vietnamese state management agencies still argue about whether to allow Vietnamese to go to domestic casinos, Vietnamese transfer hundreds of millions of dollars abroad every year and spend money at casinos.