Casino - the "trump card" of the world's leading resorts

It is not difficult to realize that resorts in the world always have a special competitive advantage thanks to the appearance of Casino. In other words, a casino business model in the right direction will bring small successes for resorts.

Casino and "package" complexes in the world

For a long time, casino is still mentioned as an industry that brings huge profits to countries such as Macao, Hong Kong, Korea or Singapore .... The market research firm Statista (Germany) in a published report Recently, the casino industry's revenue reached 115 billion USD in 2016 and is expected to increase to 130 billion USD in 2019.

According to the report, Macao surpassed Las Vegas to become the world's largest casino market. The gambling industry contributes significantly to economic growth for Macao with total revenue increasing from $ 10.5 billion in 2007 to $ 32 billion in 2017.

Las Vegas in Nevada state, the United States is the second largest casino market in the world but perhaps also the most famous casino market. Like Macao and other gaming markets, most Las Vegas casinos are located in tourist areas, with diverse resorts and entertainment. This tourist center has attracted about 39.01 million visitors in 2017 with sustained growth throughout the years.

With resort complexes in many countries, casinos and hotels seem to be inseparable by many reasons, both in business and customer needs.

With resort complexes in many countries, casinos and hotels seem to be inseparable by many causes both in business and customer needs. Statista also pointed out that the leading companies in the casino industry are all "package" providers, including a casino next to the resort, an entertainment complex as well as a shopping center and a shopping mall. exhibition facilities and conferences.

Motivation to activate resort real estate and the economy

The resorts invested by casino are always expected to not only enhance the position of the project itself but also contribute to change the face of the resort real estate market as well as contribute to attracting a large number of visitors, increasing the source. financial resources for infrastructure development, limiting cash flows to foreign countries.

Looking at a smaller scale, there will be effects such as creating more jobs, forming on-site supply chains, and contributing local budgets.

Vietnam itself has the advantage of a young and growing population, a strategic position in Southeast Asia when it only takes a few hours to fly from many other Asian countries and is next to China, a crowded market. rich in potential. This is also the reason that casino will be a promotion for resort tourism in Vietnam to develop to a new height.

Market observations show that many large real estate developers in Vietnam have quickly grasped this trend. Most recently, the Casino project in Phu Quoc was named Corona Resort & Casino in Phu Quoc (Kien Giang), which was prepared to go into operation. At the moment, the casino is preparing to prepare for the operation and exploitation of Phu Quoc Cacino which is built on an area of ​​37ha, belonging to a group of new high-class eco-tourism zones with many entertainment services.

The appearance of information on Vingroup's Phu Quoc casino project immediately re-stirred the real estate market here.

Currently, the casino project in Phu Quoc has been approved for piloting Vietnamese people to play. In Vietnam, there are currently 7 licensed casino projects, but only foreigners are allowed to play and the casino in Phu Quoc is the first place approved by the State to pilot Vietnamese people.

The appearance of information on Vingroup's Phu Quoc casino project immediately re-stirred the real estate market here. Market observers said that land prices in this area are experiencing a strong rise, many investors return to the market to "hunt" land. The market is even forecast to be more vibrant when the casino is completed and officially put into operation.

Many investors may argue that casino alone may not be able to make Phu Quoc resort real estate fever or boom like the previous period.

But it must be said that Phu Quoc is a "not-so-" market because in fact, outside of the casino, it is obvious that there are many other motivations for developing the real estate market, which is the potential for tourism. like the infrastructure system. In addition, the Special Zone Law is expected to be approved in the coming time, which will certainly contribute to the belief to attract investors in the future.

Dantri