{"id":17088,"date":"2021-04-21T17:13:12","date_gmt":"2021-04-21T17:13:12","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17088"},"modified":"2026-04-23T20:11:21","modified_gmt":"2026-04-23T23:11:21","slug":"royal-international-reports-loss-for-sixth-consecutive-quarter","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/royal-international-reports-loss-for-sixth-consecutive-quarter","title":{"rendered":"Royal International reports loss for sixth consecutive quarter"},"content":{"rendered":"\n<p>The Vietnamese casino operator Royal International has reported a post-tax loss\u00a0of US$1.17m for the sixth consecutive quarter.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Vietnam.- <strong>Royal International Corporation<\/strong>, the largest casino operator in the northern town of Ha Long, has reported <strong>a loss of VND27bn (US$1.17m)<\/strong> for Q1. It&#8217;s the sixth consecutive quarter that the HCMC Stock Exchange-listed company has reported a loss. <\/p>\n\n\n\n<p>Revenue for the <strong>first quarter was down 24 per cent year-on-year.<\/strong><\/p>\n\n\n\n<p>The casino blamed the ongoing impact of the Covid-19 pandemic since January of last year.  The majority of its customers are foreigners who cannot enter the country since borders remain closed.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/vietnam-casinos-on-conditional-list-for-foreign-investment\" data-type=\"URL\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/vietnam-casinos-on-conditional-list-for-foreign-investment\" target=\"_blank\">Vietnam<\/a> continues to impose strict restrictions for locals to enter casinos. They must have no objections from family, <strong>be over 21 years old, earn a minimum of US$430 a month and have no criminal record.<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Vietnamese casino operator Royal International has reported a post-tax loss\u00a0of US$1.17m for the sixth consecutive quarter.<\/p>\n","protected":false},"author":2,"featured_media":17090,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Royal International Corporation, a prominent Vietnamese casino operator, reported a US$1.17m post-tax loss for Q1, marking its sixth consecutive quarter of negative earnings. This decline, with revenue down 24% year-on-year, is attributed to ongoing COVID-19 border closures restricting foreign clientele and stringent domestic entry regulations. The company primarily serves foreign customers, who are currently unable to enter Vietnam.","focusai_entities":"Royal International Corporation, HCMC Stock Exchange","focusai_location":"Vietnam, Ha Long","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Market Recovery Outlook?","query":"What is the projected timeline for the easing of border restrictions in Vietnam, and how might this impact Royal International's GGR and NGR recovery trajectory?"},{"label":"Domestic Market Strategy?","query":"Given the persistent challenges with foreign visitation, what strategic adjustments is Royal International implementing to enhance local player engagement and navigate the stringent domestic entry criteria?"}],"footnotes":""},"categories":[160,163],"tags":[12436,94],"class_list":["post-17088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance-news","tag-casinos","tag-vietnam"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=17088"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17088\/revisions"}],"predecessor-version":[{"id":17107,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17088\/revisions\/17107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17090"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}