Monday, June 27, 2022


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Vietnam police make second major gambling bust in a month


Vietnamese police have broken up an illegal online gambling operation in Hanoi that has taken in about $2.77 billion in business, VN Express reports.

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Vietnam opens e-visa program for 80 countries, including China


Travel to Vietnam will soon become more streamlined after the government announced it will be accepting travelers via electronic visas from select cou

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Walter Power becomes CEO of Ho Tram Project


Walter Power has resigned his position as a non-executive director of South Shore Holdings in order to take up a new post as CEO of the Ho Tram Projec

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Suncity gets casino license for Hoiana


Suncity Group Holdings said it had received a 60-year license to operate the Hoiana integrated resort in central Vietnam.

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Donaco confirms reopening of Vietnam casino


Donaco International released a statement on Wednesday confirming that its casino operations at the Aristo International Hotel in Lao Cai, Vietnam, ha

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Corona Resort reopens as of May 8


The Corona Resort & Casino has reopened as of Friday 8th May, following a three-week closure to prevent the spread of the coronavirus.  Accord

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Will to travel remains strong once safety policies in place


Mainland Chinese are still keen to travel despite the Covid-19 pandemic and Macau and Vietnam are likely to be the first destinations to benefit once travel restrictions are lifted and flights resume.

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Donaco to preserve liquidity as casinos remain closed


Donaco International said its March quarter has been significantly impacted by border and casino closures, as a result of the COVID-19 pandemic. 

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Closure of Donaco’s Vietnam casino extended


Donaco International confirmed on Tuesday a further seven-day extension of the temporary closure of its casino operations at the Aristo International

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Companies count the costs of Covid-19 shutdowns


Gaming companies across the Asia Pacific region are continuing to count the costs of the coronavirus-mandated shutdowns, with both Donaco International and Asia Pioneer Entertainment warning of an impact on business.

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Donaco warns casino closures will have “material impact”


Australia-listed Donaco International has warned that the closure of its casinos in Vietnam and Cambodia will have a “material impact” on its business.

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Vietnam prepares for lockdown, casinos to close


Vietnam’s Prime Minister has warned major cities to prepare for a lockdown as it seeks to control the spread of the coronavirus.

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Sands China amends terms on $2b credit facility


Sands China says its lenders have agreed to amendments to a US$2 billion revolving credit facility to avoid being declared in default if some conditions are not met during the crisis.

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Covid-19 turns out lights in most of Asia’s casinos


From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.

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HOIANA secures US$34 million loan


Hong Kong-listed Suncity Group has announced that the company behind HOIANA Integrated Resort has been advanced a new loan of around US$34 million to

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International casino operator sought for Vietnam IR project


KN Paradise Cam Ranh Integrated Resort on Tuesday announced it has been given the green-light from the government to develop a large-scale casino comp

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APT tour goes ahead, WPT cancels


The Asia Poker Tour says its upcoming event in Taiwan in March will go ahead as planned, despite the Covid-19 outbreak, though the World Poker Tour is postponing its event on the island and is cancelling another scheduled in Vietnam.

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Economic toll deepens, but underlying optimism intact


The Coronavirus, now renamed as Covid-19, has devastated the near-term outlook for Asia’s casino operators, though analysts still expect demand to snap back sharply once the outbreak is under control. The big question is when that might be.

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Donaco’s Vietnam property hit hard by coronavirus impact


Donaco International informed the Australian Stock Exchange that its Aristo International Hotel in Lao Cai, Vietnam, which borders China’s Yunnan Pr

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