Casino Vietnam
In the past, gambling in Vietnam wasn't much of a tourist draw, and there weren't many casinos to choose from anyhow. However, things are always changing here, and that includes Vietnam gambling. Interestingly enough, casinos are only open to foreigners, as gambling is banned as far as Vietnamese citizens are concerned. Though the Vietnam casinos market is relatively undeveloped, the fact that the socialist government is relaxing its hold on the general economy means that new casinos are springing up on the horizon. Legalizing certain forms of gambling in Vietnam would certainly lead to an increase of funds on the gambling front. Many believe this is in the best interest of the government, which would profit in its own right. However, gambling always has its detractors, and since all gambling in Vietnam was forbidden prior to 2003, one should expect a certain amount of lassitude when it comes to allowing more of it.
January 2019 saw the official launch of a casino that accepts locals on the floor as well as tourists, and ultimately marked the onset of a new era in Vietnam gambling industry. Speaking of which, this change in attitude was accompanied by a range of other alterations to the entire legal framework. The legal gambling. Vietnam approves casino 23 January 2015 A casino for Phu Quoc Island, which will be part of a larger tourism complex, has been approved read more Hard Rock International hires Daniel Cheng as SVP Development, Gaming/Asia-Pacific.
One of the top spots for enjoying some Vietnam gambling is the Royal International Gaming Club. If you want to enjoy one of the best northern Vietnamese beaches while doing a bit of gambling, then this casino at Bai Chay Beach is a good choice. The Royal International Gaming Club offers hotel and villa accommodations, restaurants, an array of facilities, and one of the bigger Vietnam casinos. The casino has eighteen tables for card games like baccarat and blackjack, and there are 70 slot machines to enjoy. The Royal International Gaming Club is open 24 hours a day, so you can fit in some gaming action around the clock. Should you stay in one of the villas or hotel rooms here, you will enjoy amenities and luxury throughout. The views of Ha Long Bay from the rooms here are utterly impressive, which is certainly an added bonus.
North of Hanoi, in the Sapa region of the country, the Lao Cai International Hotel offers the Lao Cai International Casino. You'll find gaming tables here as well, not to mention slot machines, and the casino is open seven days a week and 24 hours a day. For those coming into Vietnam from China, this is an excellent hotel and casino operation to consider, as the accommodations here are quite luxurious. Also, the hotel has tourism services that can help you arrange interesting tours in the area. The two other Vietnam casinos that are currently open to foreign visitors present an experience much like the two discussed here. For those who want more of a Las Vegas experience, the new Vietnam Casino City operation in the Vung Tau province aims to deliver with plenty of glitz and glamor.
Vietnam Map
There was already an existing beach resort area in Vung Tau, and with the development of the new one comes five new casinos, not to mention a Greg Norman-designed golf course, an entertainment district, museums, a cultural center, and more. At the cost of around four billion dollars, you can bet that it's pretty spectacular. Phase one alone introduces a Vegas-style casino, a huge swimming pool, the golf course, a country club, and no less than ten restaurants! Only a two hour drive from Ho Chi Minh City, the new Vietnam Casino City offers an enjoyable side trip option for those visiting the country's largest metropolis. Gambling in Vietnam is becoming more popular, as is the Vietnam tourism industry on a whole, and with new gaming complexes like the Vietnam Casino City, enjoying a bit of gaming action on the side is just one more thing to add to your Vietnam travel itinerary.
Although gambling in Vietnam is basically off-limits for Vietnamese citizens, some still enjoy gambling. Illegal betting shops and semi-illegal betting shops are quite abundant, and cock fights are relatively common across the country. It's not encouraged that you partake in any of these kinds of gambling. Instead, it's better to stick to a legitimate casino in Vietnam.
Gambling in Vietnam is illegal and has been for centuries. A late 1940s travelogue notes that merchants kept bowls of dice at their stalls to engage in gambling with their customers when “housewives would routinely bet on the days their horoscope was fortunate', which means that on slightly more than fifty percent of such occasions they return home empty-handed and with the housekeeping money gone.'[1]
Crackdown[edit]
Until the late 20th Century, the only legal gambling option was the lottery.
In an effort the combat illegal gambling, the government slowly began to legalize gambling, while cracking down on major illegal gambling rings. In March 2018, the government shut down a $420 million gambling ring that implicated two senior government officials and some 90 others (including government officials). In September 2018, leader of an illegal online sports betting ring was sentenced to nine years in jail; the operation was worth some US $26 million. A separate online gambling ring shut down in 2017 was thought to be worth US $89 million. Xinhua reported a rash of pawn shops popping up during the 2018 World Cup, whose only purpose was to serve local gamblers. The black market gambling sector is estimated to be worth billions of dollars. [1]
Legalization[edit]
Danang Casino Vietnam
The country legalized local games of chance in 2017. The country has eight casinos open for foreign passport holders, with investors seeking to open up the larger domestic customer base. As part of a three year experiment, locals are permitted to enter casinos if they can show monthly income exceeding 10 million dong (US$449) and are charged a 1 million dong entry tax. [2] The country announced plans in 2017 to legalize sports betting.[2]
On June 14, 2018, the National Assembly passed a bill legalizing sports betting, with government oversight. This followed a 2017 decree that legalized betting on international football games, horse races and greyhound racing. Players must be at least 21 years of age, with the minimum bet set at 1000 dong and a maximum of one million dong per day. Players wishing to enter a casino must also be at least 21 years old, have the permission from their family to do so and not have a criminal record.[3]
Casinos[edit]
The largest hotel-casino in Vietnam as of 2017 was the Grand- Ho Tram. It is controlled by Philip Falcone and opened in 2013. The US$1 billion building has a 550 room hotel, a Greg Norman-designed golf course and second hotel tower under construction as of 2017. [2] Foreign investors are required to invest over $2 billion to qualify for casino licenses.
In 2018, construction began along a three-kilometer (2-mile) stretch of coastline in central Vietnam where the country’s biggest casino is set to open. Suncity Group Holdings Ltd of Macau invested $4 billion in the Hoiana project that covers almost 1,000 hectares (2,500 acres) and includes shops, restaurants, golf courses and water parks. The casino will be owned by SunCity. VinaCapital, a Vietnamese investment management and real estate firm, and the Hong Kong-based VMS Investment Group will also hold similar ownership stakes in the project. [4]
Two other casinos were under construction in 2018, one in Van Don in the northern province of Quang Ninh, and one on Phu Quoc island. These are part of the pilot project to allow locals to enter casinos. The Van Don is scheduled to open in 2019 and will be managed by SunCity.[4]
References[edit]
Web Casino Vietnam
- ^ abHutt, David (October 8, 2018). 'Short on cash, Vietnam punts on gambling'. Asia Times. Retrieved November 3, 2018.
- ^ abcCohen, Muhammad (February 9, 2017). 'How Vietnam Is Changing Its Gambling Rules To Win Foreign Investment'. Forbes. Retrieved November 3, 2018.
- ^'Vietnam Legalizes Sports Betting'. Dezan Shira & Associates. June 20, 2018. Retrieved November 3, 2018.
- ^ abMaster, Farah (April 20, 2018). 'In Vietnam, a mega casino rises with the help of a Macau junket company'. reuters. Retrieved November 3, 2018.