14 days ago
Vietnam locals-play pilot confirmed to year-end
There has been official confirmation that Vietnam’s so-far only pilot scheme allowing economically-qualified locals to gamble, is to be extended until the end of this year.
That is according to local news outlet VNExpress, citing a government decree. It applies to Corona Resort and Casino (pictured). A news report from VietNamNet in August, had said the authorities were minded to keep the locals scheme running until at least the end of the calendar year.
Corona Resort and Casino, on Vietnam’s holiday island Phu Quoc, in Kien Giang province, opened in January 2019. Its launch marked the start of the locals pilot scheme.
For Vietnam citizens to be able to use the casino, they must be over 21, and have a monthly income of at least VND10 million (about US$394, currently).
https://www.casinositewiki...
There has been official confirmation that Vietnam’s so-far only pilot scheme allowing economically-qualified locals to gamble, is to be extended until the end of this year.
That is according to local news outlet VNExpress, citing a government decree. It applies to Corona Resort and Casino (pictured). A news report from VietNamNet in August, had said the authorities were minded to keep the locals scheme running until at least the end of the calendar year.
Corona Resort and Casino, on Vietnam’s holiday island Phu Quoc, in Kien Giang province, opened in January 2019. Its launch marked the start of the locals pilot scheme.
For Vietnam citizens to be able to use the casino, they must be over 21, and have a monthly income of at least VND10 million (about US$394, currently).
https://www.casinositewiki...
1 month ago
Macau 2024 GGR to reach 82 pct of 2019 level: CLSA
Macau’s gaming sector could see casino gross gaming revenue (GGR) reach HKD228.1 billion or US$29.2 billion in 2024, a tally that would represent close to 30 percent year-on-year growth, says Jeffrey Kiang, an analyst at brokerage CLSA Ltd, in comments to GGRAsia.
It would also equal about 82 percent of 2019 GGR. For 2025, the institution anticipates Macau’s casino GGR can reach “89 percent” of the 2019 pre-pandemic level.
“By segment, we forecast 2024’s overall mass GGR (including premium mass, but excluding slot machines) to increase 31 percent year-on-year to US$23.2 billion (or HKD181.2 billion, being 18 percent above 2019’s level),” Mr Kiang remarked to us. He added: “
we expect holiday GGR performance [in 2024] to be robust – but that would be quite even” in terms of split, between “the first half (Chinese New Year and May Golden Week) and the second half (summer holiday and October Golden Week)”.
by https://www.casinositewiki...
Macau’s gaming sector could see casino gross gaming revenue (GGR) reach HKD228.1 billion or US$29.2 billion in 2024, a tally that would represent close to 30 percent year-on-year growth, says Jeffrey Kiang, an analyst at brokerage CLSA Ltd, in comments to GGRAsia.
It would also equal about 82 percent of 2019 GGR. For 2025, the institution anticipates Macau’s casino GGR can reach “89 percent” of the 2019 pre-pandemic level.
“By segment, we forecast 2024’s overall mass GGR (including premium mass, but excluding slot machines) to increase 31 percent year-on-year to US$23.2 billion (or HKD181.2 billion, being 18 percent above 2019’s level),” Mr Kiang remarked to us. He added: “
we expect holiday GGR performance [in 2024] to be robust – but that would be quite even” in terms of split, between “the first half (Chinese New Year and May Golden Week) and the second half (summer holiday and October Golden Week)”.
by https://www.casinositewiki...
