U.S. group Pacific Peninsula named as partner in Hoi An casino

Iowa-based Pacific Peninsula Group will join with Vietnam’s VinaCapital on a long-delayed $4 billion casino project in South Hoi An, according to local media reports. Work on the casino has been delayed since previous partner Genting Bhd pulled out in 2012. The project has been scaled back from an original plan for a 1,540 hectare development to 1,000 hectares, however the number of gaming tables has been increased to 90 from 20 and there will also be a golf course, the reports said.