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Pacific Asia Travel Association (PATA) CEO Dr. Mario Hardy sees a slow recovery for Asia’s tourism markets, though remains optimistic about the future of travel.
Suncity Group Holdings says it’s putting cost cutting initiatives in place to enable its flagship Hoiana resort in Vietnam to ride out the pandemic storm and continues to explore international opportunities.
Suncity Group said its Hoiana integrated resort in Vietnam has generating revenue of $4.8 million since its preview in June last year and had an adjusted EBITDA loss of about $32 million.
Royal International Corp, the owner of Royal Ha Long casino hotel in Vietnam, has seen a dramatic fall in its stock prices after its equally dramatic rise since January.
Vietnam real-estate giant Vingroup Group has announced it will officially open it's long-awaited $2.8 billion Phu Quoc United Center "Sleepless City" on April 21, 2021.
Hospitality firm Vinpearl Co. is proposing the construction of a new VND50 trillion (US$2.2 billion) IR on Vietnam’s Hon Trey island.
A group of casino operators want the government to allow Vietnamese entry to make up for foreigners’ inability to come to the country due to Covid-19 flight restrictions.
Donaco International, the operators of casinos in Cambodia and Vietnam, said it had positive EBITDA of A$0.2 million in the first half of the fiscal year after the final three quarters of the year generated $2.7million. Revenue declined to $6.3 million...
Fitch Ratings predicts a slow return in international tourism flows across the Asia Pacific to begin in 2H21, but arrivals will remain well below pre-pandemic levels and projections will depend on virus containment and effective vaccine distribution.
Commentators in the Vietnamese media have been raising questions about why some casino stocks are seeing massive increases in their stock values while they continue to report financial losses each quarter.
China and Vietnam have agreed on a security pact to cooperate in busting crimes linked to areas such as cross-border gambling, telecom fraud and terrorism.
The Goan government has granted a further six-month extension, until Sept. 30, to the six offshore casino boats in the Mandovi river.
China’s ongoing crackdown on casinos and junkets targeting its nationals may have long-term implications for the industry in Asia and force changes in the business models of many of the region’s integrated resorts.
IDX Games debuts Vietnam’s first X-Stadium product integrated into the casino’s multi-terminal gaming stadium.
For reasons that are not entirely clear, the value of the stock of Royal International Corp, owner of Royal Ha Long casino hotel, has doubled in the past two weeks, even as the stock index itself has been on a declining path.
The Corona Casino in Phu Quoc, Vietnam, held a party and other celebrations to mark its second anniversary since its opening in early 2019.
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