The project will include a five-star hotel, an international conference centre, a casino, a golf course, a safari and a museum. The hope is that the casino will be the first built that will allow Vietnam locals to play on its gaming floor as well as attracting a large number of tourists to Ho Long.
Nguyen Duc Long, Chairman of Quang Ninh People’s Committee, said: "Quang Ninh
is striving to make Ngoc Vung a tourist attraction, contributing to the
development of the local smoke-free industry. We are glad to have FLC invest in
Ngoc Vung.”
All eyes will be on Vietnam later this month when a pilot scheme will be
launched allowing Vietnamese to gamble in select casinos for the first time.
Another pilot will allow sports betting nationwide on horse and dog races, as
well as international football matches.
Vietnamese
gambling spend in Macau, Singapore and Cambodia is believed to have reached US$
800 million a year. Local company Sun Group is also planning to build a casino
resort in the Van Don Special Economic Zone. Hong Kong’s Chow Tai Fook and
VinaCapital are spending US$ 4 billion on a casino project in Quang Nam along
the central coast.
Source: GMB / G3 Newswire