{"id":7666,"date":"2020-06-29T22:28:55","date_gmt":"2020-06-29T22:28:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=7666"},"modified":"2026-04-24T04:04:12","modified_gmt":"2026-04-24T07:04:12","slug":"suncitys-hoiana-opens-for-preview","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/suncitys-hoiana-opens-for-preview","title":{"rendered":"Suncity&#8217;s Hoiana opens for preview"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The grand opening of the group\u2019s first integrated resort is set to take place in 2021.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Vietnam.- The first preview of Hoiana, Suncity Group\u2019s debut integrated resort (IR), finally took place at the weekend.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The preview and unveiling ceremony took place on June 28, hosted by Hoiana chairman Don Lam and chief executive officer Steve Wolstenholme, together with the management team.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Suncity said in a press release: \u201cThe preview of Hoiana marks an exciting new chapter for Suncity Group to evolve into an integrated resort operator, whilst the official Grand Opening of Hoiana <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/suncity-ceo-hoiana\" target=\"_blank\">will happen in 2021<\/a><\/em><\/strong>\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The preview event features traditional ceremonies like dragon eye-dotting. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hoiana is a joint investment between Suncity, VMS Investment Group, and VinaCapital. It will be the first major integrated resort in the area, set on 3km of coastline. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Suncity Group Holdings Limited has become the single largest shareholder of Summit Ascent Holdings Limited and will be participating in the development and operations of the current and <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/russia-second-casino\" target=\"_blank\">future phases of Tigre de Cristal <\/a><\/em><\/strong>in Vladivostok, Russia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It has also acquired the majority stake of Suntrust Home Developers Inc. in the Philippines, entering the <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/suncity-group-manila\" target=\"_blank\">Filipino market by developing Westside City Project<\/a><\/em><\/strong> in Entertainment City in Manila, the Philippines. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The grand opening of the group\u2019s first integrated resort is set to take place in 2021.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Suncity Group has held a preview for Hoiana, its inaugural integrated resort in Vietnam, with the official grand opening slated for 2021. This marks Suncity's strategic pivot into integrated resort operations, complementing its recent significant investments in Tigre de Cristal in Russia and the Westside City Project in the Philippines. The move underscores the group's aggressive expansion and diversification within the Asian gaming and hospitality sector.","focusai_entities":"Suncity Group, Hoiana, VMS Investment Group, VinaCapital, Don Lam, Steve Wolstenholme, Suncity Group Holdings Limited, Summit Ascent Holdings Limited, Tigre de Cristal, Suntrust Home Developers Inc., Westside City Project","focusai_location":"Vietnam, Vladivostok, Russia, Manila, Philippines","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Suncity IR Capital Allocation","query":"What is the projected capital expenditure breakdown for Hoiana, Tigre de Cristal, and Westside City Project, and how will these investments impact Suncity Group's balance sheet and future dividend policy?"},{"label":"Regional Market Impact","query":"How will Suncity Group's entry and expansion in the Vietnamese, Russian, and Filipino integrated resort markets alter the competitive landscape and GGR projections for incumbent operators in each jurisdiction?"}],"footnotes":""},"categories":[28,16333],"tags":[29,8232,1427],"class_list":["post-7666","post","type-post","status-publish","format-standard","hentry","category-casino-news","category-south-east-asia-news","tag-casino","tag-hoiana","tag-suncity"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7666","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=7666"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7666\/revisions"}],"predecessor-version":[{"id":7690,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7666\/revisions\/7690"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=7666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=7666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=7666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}