09/11/20 Suncity’s Hoiana will contribute to profits from 2022 According to research, the casino project in Vietnam will eventually generate EBITDA of US$470 million per year.
08/26/20 Vietnam looks to facilitate casino investments The eight casinos already operating in the country have doubled their revenue in the last three years, according to the Ministry of Finance.
08/04/20 Suncity to see payback for Hoiana in 5 years According to an executive director, the company expects to wait five years or more to get payback for its investment in the Hoiana resort.
08/02/20 Donaco reports 95.5% drop in revenue for Q2 Donaco’s Cambodia IR remains closed and visits to the Vietnam casino are low since the border with China remains closed.
07/08/20 New US$60 million loan for Hoiana IR Suncity Group has found 50 per cent of the new loan, while the remainder will come from project partner Alpha Era.
06/25/20 Growing voices support sports betting in Vietnam Several officials believe legalising sports betting could help Vietnam’s tourism industry recover from the Covid-19 crisis.
05/28/20 Vietnam to reissue visas for 80 countries including China Among the eligible countries is China, the Macau SAR and Hong Kong all of which are key tourism markets for Vietnam.
05/08/20 Vietnam: 21 arrested for illegal online gambling The police investigation found the illegal gambling organisation had generated revenues of VND20 trillion (US$858.3million).
04/23/20 Las Vegas Sands on the M&A hunt in Asia CEO Sheldon Adelson said the company is interested in “one or two more operations” in Asia but analyst are unconvinced.
04/23/20 Vietnam: Royal International reports big losses for 1Q20 Operator posts a €2.8million loss in the first three months of the year, which it has attributed to the Coronavirus crisis.
04/21/20 Donaco casinos remain closed for another week in Cambodia and Vietnam Donaco International confirmed has extended the closure of its gaming operations in Cambodia and Vietnam.
04/07/20 Donaco losing €800k a month due to casino shutdown Losses attributed to zero revenues and costs associated with maintaining its properties.
04/01/20 Vietnam shuts all of its casinos Country becomes the latest to prepare for lockdown and require casinos to close their doors to prevent the spread of Covid-19.
03/30/20 Suncity Group changes the Hoiana IR opening schedule The highly-anticipated grand opening of the operator’s Hoiana property is now scheduled for 2021 due to the Coronavirus crisis.
02/28/20 Donaco seeks financing due to Coronavirus impact The announcement was done early in this Friday morning, after Donaco revealed a 75% decline in visitation through February
