Northern casino operator reports Q1 loss - VnExpress International

Tuesday 21st April 2020

Though casino revenues doubled year-on-year to VND15.4 billion ($655,000), revenues from its hotel and villas fell 24 percent to VND20.2 billion ($859,200) as tourist numbers dwindled because of the coronavirus pandemic, the operator of Royal Halong near Ha Long Bay said in its financial report.

Overall revenues remained roughly the same at VND35.7 billion ($1.5 million).

The company last month cut its profit target for this year by half to $404,000 after Vietnam banned international flights and closed down tourist destinations to curb the spread of the novel coronavirus.

Last year RIC had posted a loss of almost VND73 billion ($3.1 million), blaming it on the increasing number of casinos in Ha Long.

Source

Best New Customer Offers

Bonus up to £1000 + 1000 LV Spins

Welcome Package

18+. New customers only. Welcome bonus is valid for first 4 deposits. Min. deposit £10. Wagering requirement 35x. Max bonus: £200 (100%) + £200 (50%) + £500 (25%) + £100 (200%). Max. spins: 200 + 200+ 500 +100 Spins. Full terms apply.

Bonus up to £200 + 100 Free Spins

Welcome Package

18+. New players only. Min Deposit £10. Welcome package splits over 3 deposits. 35x wagering requirement applies to match up bonus. Offer valid for 1 week. 100 spins split to 20 spins a day for 5 days. 50x wagering applies to spins. Full terms apply.

We use cookies and other tracking technologies to improve your browsing experience on our website, to show you personalized content and targeted ads, to analyze our website traffic, and to understand where our visitors are coming from. By browsing our website, you consent to our use of cookies and other tracking technologies. View more
Agree & Continue