Hoiana 2nd Stage Sun City Brand to Be Started This Year
The Vietnamese casino resort of Hoiana (rendering photography by the artist), which it launched last year, will begin in its second phase of development this year and will target "southeast Asian tourists," privately owned Macau junket investor SunCity Group said in a news release on Tuesday.
The Suncity brand is well known for serving high-paying casino players from mainland China who want to gamble in Macau. However, in recent years the junket brand has spread its presence in other regulated casino markets.
Alvin Chauchukwa, president of SunCity Group, leads SunCity Group Holdings, a Hong Kong-listed company that has invested in Hoiana.
"The first phase of Hoana covers an area of more than 165 hectares , and the second phase of the project begins in 2021," Suncity Group said in a release on Tuesday.
The data added: "Hoiana will aim to attract tourists from Southeast Asia as a major source market in the future. Suncity Group believes Hoiana will bring significant revenue and sustainable development prospects, demonstrating its commitment to gradually evolve into an integrated resort operator and actively expand its resort management business."
Under the changes to mainland China's criminal law, which takes effect on March 1, anyone "organizing" mainland Chinese for the purpose of gambling abroad is considered to have committed a criminal act.
In the same announcement, Suncity Group said the brand was "expanding into East Asia to further target Japanese and Korean travelers," adding, "We plan to develop non-game resorts on Miyako Island in Japan, Okinawa, and Niseko in Hokkaido, with construction set to begin in 2021."
The brand also reiterated what it dubbed "Westside City Integrated Resort" at Entertainment City in Manila, Philippines, "will open before 2023." Sun City Brands is investing in the initiative through a stake in Sun City Group Holdings' SunTrust Home developer.
In an update on Tuesday, Suncity Group said Russian casino resort Tigre de Crystal, which Suncity Group Holdings is interested in, will "focus on developing local Russian customers while also introducing Japanese and Korean travelers to the resort as a source market." Suncity Group Holdings is the controlling shareholder of Hong Kong-listed Summit Ascent Holdings Inc., the founder of the resort.
Tigre de Cristal's second phase "will begin in 2021 and double entertainment facilities and triple room numbers," it said in a statement.
BY: 바카라사이트 추천
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