Casinos report losses while waiting to be opened to VietnameseVietNamNet Bridge - Most casinos have reported losses, caused mainly by the fall in the number of travelers from China and Taiwan. Casinos’ continued losses or modest profit is not a surprise. Vietnam now has seven licensed casinos open only to foreigners, and most of them report unsatisfactory business results, mostly due to the ban on Vietnamese to enter casinos. Since Vietnamese are now allowed to gamble, casinos’ operation depends on travelers, mostly from China, South Korea and Japan. Analysts have warned that casinos would see their business facing more challenges as there are seven casinos, while more casinos would be set up in the future.

Source: VietNamNet News February 08, 2017 07:30 UTC