Chairman of
Tuan Chau Group, Dao Hong Tuyen, a prominent Vietnamese entrepreneur, has
declared that he is intending to build two new casino resorts in the northern
part of Vietnam. The businessman explained that the Group and its partners wish
to build a gambling establishment in the Quang Ninh province and a second one
in the Van Don Island District. Tuyen, also known as the “Tuan Chau Island’s
King”, said that his company succeeded in proving its financial capacity,
taking into consideration that Vietnamese regulators request operators who wish
to open a land-based casino in this region to invest a minimum $4 billion in
the project.
Thus, Tuyen
explained that he will cover the $4 billion cost and will also add $3.5 billion
to the Tuan Chau gambling establishment due to the fact that commercial banks
and financial institutions agreed on providing the necessary loans. In
addition, the entrepreneur explained that the company has also submitted the
procedures regarding the design and plan of the upcoming project. Vietnamese
regulators have also admitted that it is time for residents of the country to
come play at casinos based in Vietnam instead of travelling to Macau, Hong Kong
or Cambodia to gamble. This information was offered by CasinoWebScripts, the
premier casino software company which offers online casino software for sale.
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