Vietnam spiking investor interest, smaller operations thriving

    Published in: Latest IntelligenceVietnam’s appeal to foreign casino investors has taken a knock in recent years after problems at two high-profile projects hit the headlines, but smaller casinos have been quietly thriving and a flurry of recent announcements may reawaken interest in the country’s potential.Vietnam currently has seven licensed foreigner-only casinos and allows a limited number of slots in five-star hotels for the most part in the capital Hanoi and in Ho Chi Minh City. There are also Electronic Gaming Clubs in Da Nang and Vung Tao.  Five casinos are in the north of the country, mainly on the coast or close to the Chinese border, with the biggest currently at Halong Bay, some 150km from Hanoi, which boasts 18 live tables. Lao Cai Casino, owned by ASX-listed Donaco International Limited is due to open a new property with at least 26 tables before April.The remaining two casinos are...

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