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

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

Building casinos that are new Vietnam includes a myriad of government roadblocks

For some reason, in Asian and Russian countries, they like to zone their casinos off. Every thing has to be in a designated ‘economic zone,’ perhaps showing that many things in these national countries aren’t supposed to make serious cash, at least not if they’re legal.

New Casinos on the Runway

Vietnam fits this mold, and legal gambling enterprises continue to be a fairly new concept here, not forgetting almost exclusively aimed at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile businessman that is vietnamese Hong Tuyen, listed as a CEO to look at by the Japan Times wants to create a fresh casino project via his Tuan Chau Groupand its US partners into the Van Don Administrative Economic Zone in Quang Ninh province within the northeast area of Vietnam. He also wants to get a gambling house going in casino-online-australia.net/ Ha Long City on nearby Tuan Chau island, next to a new marina that will be checking here.

If he will get ‘er done, Tuyen would be one of just a handful of designers to crack the bureaucracy grid that has very long held Vietnam lagging behind its Asian brethren in this arena. A huge sticking point for many casino investors has been the notably odd dictum by the Vietnamese government that the the least US$4 billion be devoted to any projected resort-casino plan; a number that is pretty daunting for even well-funded builders in the gaming industry these days. Daha Fazlasını Oku