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 new casinos in Vietnam comes with a myriad of government roadblocks

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

New Casinos on the Runway

Vietnam fits this mold, and legal casinos are still a concept that is fairly new, and of course almost exclusively directed 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 watch by the Japan Times wants to create a fresh casino project via his Tuan Chau Groupand its US partners in the Van Don Administrative Economic Zone in Quang Ninh province within the northeast area of Vietnam. He also would like to get a gambling house going in Ha Long City on nearby Tuan Chau island, adjacent to a new marina that will be checking there.

If he could possibly 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 brethren that are asian this arena. A huge sticking point for casino investors that are most has been the somewhat odd dictum by the Vietnamese government that the the least US$4 billion be focused on any projected resort-casino plan […]

Electronic Gaming Funding a Failure for Brand New Minnesota Vikings Stadium

Electronic Gaming Funding a Failure for Brand New Minnesota Vikings Stadium

Electronic pull-tab gaming was likely to buy A minnesota that is new vikings, but that plan hasn’t materialized as prepared

When the Minnesota Vikings decided that they required a new stadium, they desired to make use of general public financing if it had been available. The state of Minnesota obliged, but decided that as opposed to take the cash from the general fund or produce a unique tax to raise the money, they’d bring electronic gambling machines to 1000s of bars along with other venues around the state. It seemed like a sound plan until it was put into practice.

Net Gain: Bupkes

This week, Minnesota announced that residents and people to the state had put down about $15 million on the machines during the period of their year that is first in. Of this, roughly 85% went back to players in the form of winnings, leaving only about $2 million in earnings. That was split among charity expenses, donations and basic taxes, and left nothing at all for the stadium that is new. That is correct: the electronic pull-tab design games raised nothing for their intended function over their first year operating.

The failure is definitely an embarrassment for Governor Mark Dayton, who’s been strongly behind the brand new Vikings stadium. According to him, the numbers that have come in show that the state itself was taking quite the gamble by relying on the machines to finance their percentage of the […]

Elvis Presley Estate Sues Former International Hotel Over Memorabilia Dispute

Elvis Presley Estate Sues Former International Hotel Over Memorabilia Dispute

Elvis Presley performing at the Hotel that is then-International the Westgate, straight back in 1969. His estate is currently suing the casino to rescue priceless memorabilia, which it says has been held hostage in a dispute that is legal.

The Elvis Presley estate is suing the former Global resort, now the Westgate, an off-strip hotel and casino where the legendary performer played 100s of sold out shows, which it claims is holding many regarding the King’s treasured personal belongings hostage.

While Elvis was historically renowned for summarily ‘leaving the building’ after nonstop applause and calls for encores back in his performance days, his memorabilia is currently very much stuck inside the building at the Westgate.

The estate filed a lawsuit Monday in Clark County District Court in a bid to recover the precious artifacts lent to the Westgate casino last year in what could be called a ‘Heartbreak Hotel’ moment.

These include many of Elvis’ original stage outfits, their famously jewelry that is ostentatious and some letters, because well since the TV remote from their Graceland mansion. April these items all were part of the much-feted, yet ill-fated, ‘Graceland Presents Elvis’ attraction, launched at the Westgate last.

Viva Las Vegas

The Westgate may well not be the best-known of Las Vegas’ casino resorts today, but it includes a history that is big Sin City.

Built by Las Vegas pioneer Kirk Ke […]

4liveworldcup.com
4liveworldcup.com 4liveworldcup.com 4liveworldcup.com
4liveworldcup.com
4liveworldcup.com