Vietnam’s Phu Quoc casino serves nearly 300,000 local customers over past 5 years

March 16, 2024

About 300,000 Vietnamese, aged 21 to 97, entered an authorized casino on Phu Quoc Island, off Kien Giang Province in southern Vietnam, from 2019 to 2023, according to Minister of Finance Ho Duc Phoc. The majority of these local customers were in the 39-year-old bracket, with men accounting for approximately 51 percent. This casino earned VND6.404 trillion ($259 million) in accumulated revenue and provided VND3.679 trillion ($149 million) to the state budget. The minister added that the casino last year recorded better business performance than the year earlier, with VND2.18 trillion ($81 million) in revenue and VND1.23 trillion ($49 million) in tax payment. In 2016, the Politburo approved a pilot program for Vietnamese to enter the casino on Phu Quoc Island and another in northern Quang Ninh’s Van Don District, but only the Phu Quoc casino began commercial operations in January 2019.

The source of this news is from Tuoi Tre News