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Vietnam appears to be the next country ready to join the likes of Macau, Singapore and the Philippines under the spotlight. Since the beginning of 2017, there have been trial periods that allow gambling for ‘economically-qualified’ citizen. If the Vietnamese markets were to open for the locals, then there would be a huge interest from foreign investors which would inevitably lead to the emergence of casino-resorts that would attract foreign players as well.
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Vietnam appears to be the next country ready to join the likes of Macau, Singapore and the Philippines under the spotlight. Since the beginning of 2017, there have been trial periods that allow gambling for ‘economically-qualified’ citizen. If the Vietnamese markets were to open for the locals, then there would be a huge interest from foreign investors which would inevitably lead to the emergence of casino-resorts that would attract foreign players as well.
Malaysia is a country with a 60% Muslim population, which is subject to the Sharia law that forbids gambling activities. This prohibition applies to both the local Muslim population, but also to Muslim tourists that visit the country. Still, there are legal forms of gambling that apply to Chinese minority (1/3 of the population) and tourists, which are not of Muslim faith.
For business men and rich people, taking money out of China is not an easy thing to do. Therefore, in this case, the junkets play an important role, that is to provide money to the gambler and then recover the money back in the home country. Though this was an illegal activity before Macau return to China, after 2002 a series of laws came into effect and regulated this activity.
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