Agbriefings September 2019 By Asia Gaming Brief

A second Success Dragon project in Ho Chi Minh City is for 118 machines in the Le Meridien Hotel which is a five star resort with 343 rooms and 26 suites which opened in 2015. It also has restaurants, pool, health space and convention hall. The deal is with Tien Phuoc and 990 Company Ltd, the house owners, to arrange and function a slot corridor for a minimal of 10 years. The group will receive a monthly administration charge of 4 per cent of complete gross revenues for its services.

Vietnam is the eastern most nation on the Indochina peninsula in South East Asia. With round 95 million inhabitants it is the 14th most populous nation and the eighth most populous in Asia. Vietnam is positioned in South East Asia bordering Cambodia, China and Laos with water borders with the Gulf of Thailand, Gulf of Tonkin and the South China. With its S shape and three distinct regions, that are all completely different in phrases of culture and economic system, the nation is diverse. Hanoi has been the capital since reunification of the north and south in 1975.

There were 5 agents arrange in Ho Chi Minh City who can then arrange subsidiaries with gross sales retailers. In terms of revenues the lottery market has seen a gradual development during the last four years and gross sales have been up by 7.8 per cent in 2015. Back in 2011 the revenues had been VND47,900bn (US$2.1bn) rising to VND63,000bn in 2014 ($2.8bn) – a progress rate of 32 per cent. The majority of gross sales take part in southern Vietnam compared to central Vietnam with VND4,500bn and northern Vietnam with sales of VND3,200bn. In 2014 the lottery contributed more than VND20,000bn to the state price range.

Prior to 2006 only three star plus motels with a separate area for gaming halls may apply for a gambling licence. At this time solely two corporations were given licences to function horse and dog races and 33 enterprises, primarily big resorts, could probably be involved in card and machine video games. 9.Success Dragon International is a consolidated service provider of outsourced administration solutions to the gaming business and has headquarters in Hong Kong and offices in Macau and Vietnam. The firm is now keenly looking at creating its business in Vietnam and bringing electronic gaming companies here and initially was taking a glance at two projects in One Opera Hotel in Da Nang and a second in Le Meridian Hotel in Ho Chi Minh City. Success Dragon additionally offers IT providers to the pari-mutuel wagering sector and developed a racing system for greyhound and horse racing companies and has entered into an agreement with three racing enterprises to supply this technique.

eight.So at the moment the one race observe open is via the greyhound racing monitor at Lam Son Stadium in Vung Tau City with races held twice a week. The monitor was opened in 2000 and a 25 12 months licence was given to Sports Entertainment Services. The stadium has a total capability for up to 6,000 individuals and SES had deliberate to open a community of seven other tracks in Vietnam though there still stays simply the one track. In mid 2016 Hong Kong‟s Success Dragon International Holdings Ltd entered into an settlement for the availability of outsourced administration services with SES for greyhound racing in Vietnam. The management deal is for seven years and gives Dragon a monthly administration payment with the goal of „identifying areas of possible expansion‟ within the gaming sector in Vietnam. The observe has on average around three,000 attendees most race evenings and the average guess is around $3.

The two-day conference is held in Phnom Penh, and includes a one-day optionally available tour in Sihanoukville, a must-attend occasion for anybody with curiosity in the Mekong gaming industry. Our tour boat was escorted by the police throughout during our La Hong trip till we returned to shore whereas a VIP group of two folks travelling was escorted by 5 uniform policemen. During a latest 2019 tourism conference attended by over 300 delegates, uniform policemen were to be seen at every entrance of the conference hall, giving a poor impression to visitors.

The White House said the assistance was a part of its Net Zero World Initiative, a project launched eventually year’s Glasgow climate summit by which the united states companions with the personal sector and philanthropists to advertise clear vitality. The United States will assist Thailand develop nuclear energy by way of a model new class of small reactors, a half of a program geared toward combating local weather change, U.S. He mentioned attending leaders from international international locations had been impressed by the style and fantastic thing about the Thai dishes served. They also expressed interest in the cultural shows carried out in the course of the dinner, he added. Digital Economy and Society Minister Chaiwut Thanakamanusorn on Friday praised the scrumptious Thai dishes and cultural performances organized for the APEC leaders’ gala dinner on Thursday in an interesting display of Thailand’s soft power. The buzz of anticipation at every ping-pong lotto draw is palpable however the pleasure is invariably short-lived.

Every 15 minutes, a small crowd gathers at a shack in a Bangkok market to wait for the numbers to be drawn. A huge music festival, which sees a complete of 9 live shows happening over nine days, is underway in Pak Nam Pran.



One of the landmarks worth visiting in Hanoi’s French Quarter is the Hotel Metropole, now the Sofitel Legend Metropole, in-built 1901. It was a hangout for celebrities and diplomats and it has the distinction of being the longest running resort in the metropolis. Workers constructing a new bar recently unearthed a Sixties bomb shelter in the resort. Metropole, the one hotel within the city with a bomb shelter and an anti-aircraft gun on the roof, presents guided excursions of the struggle relics. Everywhere you go, you could see that Hanoi’s residents don’t settle for a big lunch, as a substitute preferring to graze on snacks throughout the day. While walking alone, I discovered some of the city’s greatest culinary spots.

The slot halls are only permitted in 5 star resorts once they have been profitable for no less than one 12 months and may offer one slot per five resort rooms. They are mainly discovered in the Ho Chi Minh City space with 12 halls and Hanoi has six halls. There are a total of round 22 slot halls in Vietnam all run in five star resorts by a 2013 government decree. New rules launched at the finish of last yr additionally state a minimum ninety per cent payout for slot machines. 2.It nonetheless depends on its wet rice cultivation and agriculture although Vietnam‟s economic system has still been plagued with inefficiency and corruption. Today manufacturing and data technology now type a big a part of the economic system and it is also ranked as the eighth largest crude petroleum producer within the Asia and Pacific region.

Jockeys are often kids and can start coaching to be jockeys from the age of 14. One such observe is the Dai Nam Joint Stock Company which has sealed its plan for the opening of a brand new horse racing monitor on the Dai Nam Tourism Park in the Binh Duong province. The tourism park is a large resort with amusement park, water park, theme park, temple and zoo. The race course was as a outcome of open at the end of 2016 after development started in July 2016 with a $100m investment. It will occupy a 60 hectare area at the tourism park and accommodate 20,000 folks initially elevated to 60,000 complete capability. It may even host dog tracing, motorbike racing, water motor sports and all terrain car racing.

The firm received permission from the Binh Phuoc province to build a racecourse in the southern region as a half of the Binh Phuoc Recreation Complex Project. However because of delays in construction it appears this licence has since been revoked. It was originally granted in 2010 to the Australian owned Binh Phuoc Entertainment Company Ltd to include race monitor, villas, shopping center, resort and sports activities venues. But six years later construction hasn‟t started The Lam Dong province also approved a racecourse project from the Thien Ma Madagui Racing Joint Stock Company in 2014. After a lull development has just begun right here and is predicted to be operational by 2018.

The three-wheeled rickshaws, manufactured in India, generally known as tuk tuk, or rickshaws, are to be discovered in all places, urging you to experience. I was glad that I rejected all overtures for a ride and selected to stroll the entire afternoon, getting a possibility to mingle with the locals I met and a chance to take some remarkable pictures. Vietnamese people are friendly and seem to realize the contribution that tourism has been making to their economy. This cultural capital of Vietnam has many attractions to see and things to do. Fortunately, most attractions are inside strolling distance of one another.

Current regulation limits the variety of OTBs to 5 per monitor and these have to be located in the same province because the observe. A report suggests that if three race tracks are open in the subsequent three years the market could see round $1bn in total deal with by 2019. Online handle could be liable for no much less than $87m in annual handle by 2019 as on-line gaming catches on with an estimated 10,000 daily gamers by this time. CASINOS & SLOT HALLS Currently the country has forty five registered gambling companies of which 15 are in the north, six within the central and 24 in the south.

This warfare ended in 1975 with a north Vietnamese victory and the nation was then unified under a communist authorities. After the war the southern Vietnamese have been despatched to „re-education camps‟ and endured torture and starvation. Today Vietnam, together with China, Cuba and Laos, is likely certainly one of the world‟s 4 remaining one- celebration socialist states formally adopting communism. In 1986 the government initiated a collection of financial and political reforms and by the yr 2000 it had established diplomatic relations with all nations and its financial growth price has been among the many highest in the world. four.Madly the primary draw saw no winners and 39 draws later in October final year a farmer in Tra Vinh province held the profitable ticket with an amassed prize of VND92bn (around $4.11m). Max4D – Launched recently this recreation is performed by choosing a four digit quantity on a betting slip from 0000 to 9999 or have a quantity randomly picked.

Instead, the traffic whisked past us, majority of them honking to get out of the greatest way. Pedestrians may find themselves perplexed when attempting to get from one facet of the street to the other. With so many motorbikes zipping round, one has to be taught the artwork of how to permit them to dodge round you. If you stand round ready for them to cease, you’ll be waiting a very long time. An island near Ha Lang Bay is Quan Lan, which holds an annual competition to mark a historic victory in opposition to Mongol invaders in the 13th century. During the two-week celebrations held in June, villagers are forbidden to go away the island, however friends are warmly welcomed.

Each betting worth is VND10,000 although you'll be able to up the value with a maximum worth of VND1m. First prize for those with matching numbers in the exact order is VND15m (or 1.500 occasions the betting value). Vietlott is a member of the Asia Pacific Lottery Association and is governed by the Ministry of Finance. In July 2016 the corporate celebrated the launch ceremony which additionally noticed the area vietlott.vn arrange. Some 800 PoS terminals have been put in in the course of the first month of operation with some 10,000 PoS are deliberate nationwide throughout the subsequent 5 years.

The project may even embody golf course, sport and leisure space, housing and equestrian centre and polo club. The company also aims to open 70 betting shops in 54 cities and provinces and is said to be the biggest such project. In addition in June 2016 in Phu Yen province the Australian Golden Turf Club company agreed to take a position $100m to construct a racecourse on 134 hectares of land due to be accomplished by 2019.

Who is conscious of what type of visa the European world travelers are on, but it’s unlikely that they have permission to sell jewelry in Thailand. “We go to Phuket yearly or two, so why ought to it's totally different this year? The Thai government reckons that 1 million Russian tourists will have visited the nation by the tip of the yr, but Vladimir Putin, the Russian president, will not be one of them. APEC 2022 host Thailand welcomed economies of APEC to change ideas on how making use of the bio-circular-green financial system model may foster sustainable growth for the area. A lion named “Chao Boy” at Khon Kaen Zoo in northeast Thailand has made his first predictions for the World Cup 2022, which kicks off in Qatar on Sunday.



The solely legal types of gambling permitted at the moment are the horse race betting on the state owned tracks, greyhound race betting on the Vung Tau and the Vietnam Lottery. Casinos are permitted on the basis that they don't permit locals to enter. These are mostly operated by international companies across the Ho Chi Minh City area. Locals merely cross the border to Cambodia and gamble largely within the town of Bavet, which is simply an hour drive from Ho Chi Minh City. Vietnam‟s total gaming market is alleged to price round $300m-$400m of which half apparently comes from the slot clubs sector. Culturally south Vietnam has the highest presence for authorized playing perhaps due to its background, as playing was widely accepted on this half until the nation was unified in 1975.

Director-general Chomparee Chompurat said on Friday that a low-pressure system close to Borneo would pass over Cape Ca Mau on the southern tip of Vietnam on Sunday and Monday and enter the Gulf of Thailand from Tuesday to Thursday. I simply stepped out of my hotel in the old district and I was proper in the shoppers’ paradise district with distributors and hawkers, clamouring for my dang. This a part of Hanoi is crammed with distributors selling fruits to greens to shops with footwear and baggage. Canada’s flag carrier will fly between Vancouver International Airport and Suvarnabhumi International Airport on Mondays, Wednesdays, Fridays, and Sundays. The flight route is seasonal and can run between Dec. four, 2022, and April 14, 2023.

Every year, Ha Long City holds the Carnaval Ha Long when locals wearing vibrant traditional costumes dance their method by way of the streets, persuading those watching to participate additionally. Another major event to search for is Tet, the Vietnamese New 12 months, which falls in late January or February. During the celebrations which is held throughout Vietnam, towns, cities and even boats adorn themselves in yellow and red to suggest good luck. Another native legend pertains to Ha Long Bay area, a four-hour drive from Hanoi, where it's believed Vietnamese gods despatched mom dragon and her children to earth to help the folks defend their nation. The dragons carved large valleys and gorges with their tails, creating Ha Long Bay. Those who have watched the limestone pillars jut out of the early morning mist have appreciated the magical significance of the story to the Vietnamese people.

There has been a huge input into the schooling system and its sixty three provinces are inspired to diversify into technology. Meanwhile since the Nineties Vietnam has additionally become a major tourism destination assisted by state and private funding in coastal areas. Popular vacationer locations embody World Heritage websites and coastal regions such as Nha Trang, the caves of Ha Long Bay and Marble Mountains.

They hope to attract up to five million visitors a yr to the park as quickly as the observe is opened an elevated from the 2 million guests obtained in the meanwhile. The 1,600m monitor will supply races 3 times every day and 6 occasions every day at weekends. Meanwhile South Korean firm G.O Max I&D Company is also pursing a project to construct a horse racetrack in northern Vinh Phuc province with an anticipated funding of US$1.5bn.

The traditional lottery dominates the market with 95 per cent of sales whilst Lotto is responsible for 3.4 per cent, Computerised lottery with zero.35 per cent and prompt lottery has a zero.7 per cent share. The different conventional lotteries are operated in the nation via the country‟s sixty four provincial governments and are sold through ticket vendors on most avenue corners. They have shown a decline in gross sales following the launch of Vietlott. They have had to enhance their prizes by a third to compete and high prizes from 2017 at the moment are VND2bn (US$86,000) in comparability with VND1.5bn (around $65,000) previously. The Socialist Republic of Vietnam was proclaimed in 1976 with tons of of thousands of fleeing overseas, including many “boat folks,” many of whom additionally got here to Canada. Vietnam, with an estimated 94.6 million inhabitants in 2016 and regarded to be the ninth most populous Asian country, is more and more becoming an attractive vacation spot of financial improvement and tourism.



The group recorded revenues of HK$153.7m Meanwhile one of many main slot halls in Da Nang is Club99 which is located in Furama Resort Da Nang which is likely certainly one of the first 5 star beach resorts in the metropolis. It provides around 100 state of the art machines and is lush and targets Korean shoppers and Vietnamese with foreign passports. Czech‟s Synot has additionally lately opened its second slot hall in Vietnam within the province of Nha Trang. This hall is supplied with VLTs and roulettes and follows on from Synot‟s first operation opened at the end of 2015 in Nghe An.

Success Dragon presently helps on line casino operators to manage their gaming machine operations and have plans for a sequence of slot hall initiatives in Vietnam involving management contracts to function slots and electronic desk games. The Da Nang project was to acquire a forty five per cent stake within the five star One Opera Hotel which included a deal for the digital gaming machine membership within the premises. The deal was for a 70 machine slot hall within the lodge which has 206 rooms and two eating places, karaoke club and convention room.

Also Hong Kong‟s Matrix Holding Limited proposed a development for horse racing advanced in the metropolis of Da Nang which would come with horse racing, health care unit and betting and entertainment companies. Vietnam - Casino and Gambling - Market Report Vietnam’s gambling trade is teetering on the brink of growth with four Integrated Resorts within the pipeline, a pilot project to permit locals into casinos and a new betting law on the playing cards. It is said Vietnam could be the following Macau…we take a glance at what’s occurring.