{"id":34120,"date":"2022-10-05T07:44:29","date_gmt":"2022-10-05T10:44:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34120"},"modified":"2026-04-23T04:15:23","modified_gmt":"2026-04-23T07:15:23","slug":"corona-casino-resort-says-vietnamese-have-spent-us5-9m-since-opening","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/corona-casino-resort-says-vietnamese-have-spent-us5-9m-since-opening","title":{"rendered":"Corona Casino &amp; Resort says Vietnamese have spent US$5.9m since opening"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Corona Casino offers betting to locals who meet income conditions.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Vietnam.-&nbsp;Corona Casino, the first casino in Vietnam that allowed locals to gamble, has reported that Vietnamese citizens have spent <strong>VND141bn (US$5.9m) <\/strong>since its opening in 2019. According to Vnexpress, that accounted for<strong> 5 per cent of revenue<\/strong>, or more than VND2.7tn.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The casino complex is part of an ecotourism and entertainment complex built by the Phu Quoc Tourism Investment and Development Joint Stock Company at a cost of VND50tn (US$2.16bn). It includes 1,000 slot machines, 100 table games and a 600-seat theatre.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It has completed a three-year 24\/7 beta period. Only Vietnamese citizens aged over 21 and with a minimum monthly income of at least VND10m (US$445) are allowed to gamble. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are currently nine casinos in Vietnam, but Vietnamese citizens are only permitted to enter two. In June 2021, the ministry proposed an extension of the scheme that allows&nbsp;<strong>Vietnamese citizens&nbsp;<\/strong>to gamble at these&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/vietnam-locals-access-to-casinos-to-be-extended-until-2024\" target=\"_blank\">select casinos until 2024<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In March last year,&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/vietnam-casinos-ask-government-to-let-locals-gamble\" target=\"_blank\">casino operators<\/a>&nbsp;asked the government to expand&nbsp;<strong>Vietnamese citizens\u2019 access to casinos<\/strong>&nbsp;in major tourist destinations such as&nbsp;<strong>Quang Nam and Ba Ria-Vung Tau<\/strong>&nbsp;to help casinos face the loss of revenue from tourists due to the Covid-19 pandemic. However, authorities rejected the petition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Corona Casino offers betting to locals who meet income conditions.<\/p>\n","protected":false},"author":176,"featured_media":26455,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Corona Casino, Vietnam's inaugural casino permitting local gambling, reported VND141bn (US$5.9m) in local patron spend since 2019, constituting 5% of its total revenue. Despite this, the government has rejected industry petitions to expand local access beyond the current two designated casinos, maintaining stringent income and age conditions for Vietnamese citizens.","focusai_entities":"Corona Casino, Phu Quoc Tourism Investment and Development Joint Stock Company","focusai_location":"Vietnam, Phu Quoc, Quang Nam, Ba Ria-Vung Tau","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.85), operator_casino (1.0), investor_analyst (0.9), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Local Access GGR Impact","query":"What is the projected GGR impact for Vietnamese casino operators if the government were to expand local access to additional major tourist destinations, considering the current 5% revenue contribution from domestic players at Corona Casino?"},{"label":"Regulatory Framework Evolution","query":"How might the Vietnamese government's current stance on limited local gambling access evolve, and what specific governance frameworks or social impact assessments are influencing their rejection of broader market liberalization?"}],"footnotes":""},"categories":[163,158,16333],"tags":[23907],"class_list":["post-34120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-slider-home","category-south-east-asia-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34120","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=34120"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34120\/revisions"}],"predecessor-version":[{"id":34140,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34120\/revisions\/34140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26455"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}