Fear of losing customers, if Casino in Vietnam is legalized

The news that Vietnam was open to gambling in the country immediately made many of our neighboring countries worried, afraid of being "severely affected", the financial broker Union Gaming Securities Asia Ltd based in Hong Kong made such a judgment.
 
"We think that casinos near the border in cities like Bavet in Cambodia will be hit hard, because the border casinos... have long enjoyed huge market share from Vietnamese customers, " ggrasia.com quoted Union Gaming analyst Grant Govertsen as writing.

"We believe many casinos will struggle during Vietnam's pilot years." - This page concludes.

Previously, casino activities in Vietnam only served foreign passport holders, only Phu Quoc casino allowed Vietnamese people to join but also had to meet strict requirements.
 
Curently:
  • Vietnamese people will be allowed to gamble at some casinos opened in the country, according to new regulations. For a long time, Vietnam has always banned people from gambling at casinos, despite the high demand among the population.
  • Notably, the new regulation has a provision that allows close relatives such as parents, spouses, children or the person who wants to enter the casino to have the right to make an application to submit a proposal that the casino business does not allow allow that person to play.
     
Gambling Industry
Regulation