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 complex at its integrated resort.
The KNIR project covers 800 hectares of land in Cam Ranh, including a five-kilometer stretch of beachfront property. Its master plan includes a range of hospitality and residential properties, including a golf course, 4 and 5-star hotels, branded apartments, villas, mansions, retail venues, MICE facilities, and more.
In a Tuesday release, KN Cam Ranh announced their formal intention to develop a casino complex in partnership with an international operator.
KN Cam Ranh said the casino is would cover 16.2 hectares and has been approved for operating 200 gaming tables and 2,000 electronic gaming machines.
The Investment Deputy General Director of KNIR stated that: “It is with great enthusiasm that we are adequately ready to cooperate with the international casino gaming operators for the development and operation of our integrated resort in Cam Ranh. Khanh Hoa Province, Vietnam. Undeniably, our strategic location and development plan will create an indispensable addition to the Pan-Asia integrated resort marketplace.
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264