• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Vietnam province asks Hanoi to nod beach resort casino

Jul 19, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck  


Vietnam province asks Hanoi to nod beach resort casino

Provincial authorities in Thua Thien Hue have asked for the central government’s blessing to increase the investment capital threshold for the Lang Co Laguna beach resort to US$2 billion and to allow a casino there, according to the VietNam News outlet.

The figure of US$2 billion is the qualifying spend required for a Vietnam casino resort to be considered eligible – under the terms of a government decree in January – to take part in a three-year trial under which economically-qualified local gamblers would be accepted as patrons.

The Lang Co Laguna project (pictured), located on the country’s north central coast, currently has registered capital of US$875 million and is spread over 280 hectares (692 acres), according to Tuesday’s report.

Under the proposal submitted to the central authorities in Hanoi, the casino facility is likely to have a capital cost of nearly US$250 million and be implemented in second, third and fourth phases of the project.

The news outlet reported that – according to the submitted proposal – Vietnam’s Ministry of Defence and the country’s Ministry of Culture, Sports and Tourism have respectively already approved the plan.

The resort’s first phase, which carried a price tag of US$200 million, became operational in 2013. It included a 57-villa Banyan Tree resort, a 229-room hotel under the Angsana brand, and an 18-hole golf course and conference centre.

A number of Vietnam gaming resort projects have already said they are vying for the right to serve local players. They include Hoi An South, an under-construction central coast scheme in Quang Nam province, backed by entities linked to Macau junket investor Suncity Group; and the already operational Ho Tram Strip, which recently announced a third phase of development.


  • tweet
Related articles
  • Van Don casino resort plan sent to Vietnam PM: report
    Van Don casino resort plan sent to...

    Nov 24, 2023  

  • Ho Tram new phase at Ixora condotel, with villas: CEO
    Ho Tram new phase at Ixora condotel,...

    Nov 22, 2023  

More news
  • Hokkaido pref assembly LDP members push for IR review
    Hokkaido pref assembly LDP members push...

    Nov 29, 2023  

  • SOFTSWISS Jackpot Aggregator powers US$1.7bln in 3Q bets
    SOFTSWISS Jackpot Aggregator powers...

    Nov 29, 2023  


Latest News

Hokkaido pref assembly LDP members push for IR review

Hokkaido pref assembly LDP members push for IR review

Nov 29, 2023  

Members of Japan’s Liberal Democratic Party (LDP) that sit in the Hokkaido prefectural assembly will launch a working group to study the feasibility of the country’s northernmost prefecture...
Read More
SOFTSWISS Jackpot Aggregator powers US$1.7bln in 3Q bets

SOFTSWISS Jackpot Aggregator powers US$1.7bln in 3Q bets

Nov 29, 2023  

Miriam Adelson selling US$2bln LVS stock to buy sports team

Miriam Adelson selling US$2bln LVS stock to buy sports team

Nov 29, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”There’s been a 20 percent or 30 percent increase in our testing staff to handle globally the amount of extra work that we’ve got, and the Philippines and Macau have definitely contributed to that overall growth”

Ian Hughes

Chief commercial officer of testing and certification firm GLI



Most Popular

  • Bruno Mars to perform at MGM Cotai in Jan: MGM ChinaBruno Mars to perform at MGM Cotai in Jan: MGM China November 28, 2023
  • Ex-exec of Saipan casino-tied firm jailed by Beijing courtEx-exec of Saipan casino-tied firm jailed by Beijing court November 27, 2023
  • China ents provider iQiyi in deal for Galaxy Arena eventsChina ents provider iQiyi in deal for Galaxy Arena events November 28, 2023
  • Kazuo Okada properly removed from IR op: Philippine courtKazuo Okada properly removed from IR op: Philippine court November 28, 2023
  • Nomura caution on China economy, China tourism in AsiaNomura caution on China economy, China tourism in Asia November 28, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us