A draft casino bill at the table in Vietnam would allow locals to gamble at casinos for the primary time and likewise cut the minimum investment needed for brand new Las Vegas-style casino complexes from $4 billion to $2 billion, in step with the Vietnam Investment Review.

This version of the bill comes after seven years worth of discussions on how one can expand the gambling industry within the country.

According to Forbes, Vietnam currently has eight licensed casinos and around 20 slot clubs. They devise a gambling market worth around US$300 million. The Grand- Ho Tram, located two hours south of Ho Chi Minh City, is the country’s largest gambling facility.

The property, called an “integrated resort,” opened in 2013.

Currently, only foreigners and Vietnamese living in other countries can gamble at Vietnam’s casinos. That’s seen as an important hindrance to the present casino market.

Read More... [Source: CardPlayer Poker News]