gambling industry

Update news gambling industry

Finance Ministry seeks to extend allowing Vietnamese people to gamble at Phu Quoc casino

The casino has paid VND1.73 trillion ($71.74 million) in taxes to the state coffers over the last three years.

Casinos suffer heavy losses, wait for brighter days

As many as 56 businesses in Vietnam are licensed to provide prize-winning games at 63 hotels and nine casino businesses.

Revenue soars, but casinos in VN still taking a loss

Casinos are considered a ‘sensitive business’ in Vietnam. Though regulations have been loosened, they are still very strict.

Vietnam should develop a gambling industry to boost tourism

If Vietnam legalises sports betting, billions of dollars could be recouped for the country and help boost tourism post-COVID-19.

 

Corona Casino reports $13.04 million gross profit in six months

Corona Casino – the first casino in Vietnam where Vietnamese people are permitted to gamble – has reported a gross profit of $13.04 million and pre-tax profit of $4.7 million after six months of operation.