Asia

Vingroup gets approval for Phu Quoc casino in Vietnam

Published

6 years ago

November 27, 2018

Niji Narayan

Vingroup gets approval for Phu Quoc casino in Vietnam

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Vingroup, the biggest casino company in Vietnam, has obtained approval from the government to develop a casino in the island of Phu Quoc. Locals will be permitted in the proposed casino.

The new casino will be a part of the US$2.1 billion hotel-amusement development on the island, which will start functioning in 2021.

Gambling ban was lifted in Vietnam in 2017. Now Vietnamese citizens who are above 21 years of age and have a monthly income of at least VND10 million ($445) can participate in gambling.

There are currently only 10 casinos operating in Vietnam, mainly in border areas, catering to the requirements of foreign passport holders.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.