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Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam

February 24, 2020 Lucky Nugget Casino  No comments

ᅢᆵᅡ카﾿Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam

Building casinos that are new Vietnam is sold with a myriad of government roadblocks

For reasons uknown, in Asian and Russian countries, they like to zone off their casinos. Every thing needs to be in a designated ‘economic zone,’ perhaps showing that many things in these nations aren’t designed to make lots of money, at the least not if they’re legal.

New Casinos on the Runway

Vietnam fits this mold, and legal casinos are still a fairly new concept there, not forgetting almost exclusively directed at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile Vietnamese businessman Dao Hong Tuyen, listed as a CEO to view by the Japan Times wants to create a fresh casino project via his Tuan Chau Groupand its US partners in the Van Don Administrative Economic Zone in Quang Ninh province into the northeast region of Vietnam. He also would like to get a gambling house going in Ha Long City on nearby Tuan Chau island, adjacent to a new marina that will be opening up here.

If he can get ‘er done, Tuyen would be one of only a handful of designers to crack the bureaucracy grid that has long held Vietnam lagging behind its Asian brethren in this arena. A huge sticking point for many casino investors was the significantly odd dictum by the Vietnamese government that a minimum of US$4 billion be dedicated to any projected resort-casino plan; a number that is pretty daunting for even well-funded builders in th...

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White World Country to Release Shooting Star Casino in Bagley

February 20, 2020 Lucky Nugget Casino  No comments

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