Vietnamese reforms gather pace

    Published in: Latest Intelligence Casino development projects frozen in various stages of development could gain new momentum as the communist nation considers a trial program to permit local entry to casinos and moves to launch soccer betting Signs that Vietnam may relax its 21-year prohibition on allowing its citizens into the country’s casinos are set to increase interest from international investors whose gaze has recently wandered north toward Japan and South Korea. A string of projects, involving Pinnacle Entertainment Inc., Genting Group, Las Vegas Sands Corp. and other companies that are frozen in various stages of development could gain new momentum, though investors in the gaming sector, as in other industries, have seen their hopes for Vietnam rise and fall repeatedly over the years. The latest positive signal came from Nguyen Sinh Hung, chairman of the National Assembly, and his deputy who each said last week that the Politburo had discussed the issue...

    Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.