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The first results of the first casino where Vietnams can gamble

Published date: 2019-10-08
The Corona Resort and Casino

The Corona Resort and Casino, on Phu Quoc island in Vietnam, posted a pre-tax profit of VND108 billion (US$4.67 million) in its first six months of operation, says promoter Phu Quoc Tourism Investment and Development Company JSC.

 


The company had overall revenues of VND1.15 trillion for the first six months of calendar year 2019, down 10 percent year-on-year, It was unclear from the report whether the figures attributed to Corona referred only to its gambling operations or to the entire property.

The venue also offers hotel accommodation, and food and drink.

Corona Resort and Casino opened on January 19. It is reported to have been the first – and so far only – casino property in Vietnam to be allowed to offer gambling services to economically-qualified locals, under a long-flagged three-year national pilot scheme. Another project, to be located in northern Vietnam at Van Don, is also expected to allow eligible locals to gamble.

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