GreaterChinaCorp (fka GCHC)

[chief]

I just read this news from VN news source. This should be interesting since Dragon Beach developement is one of two projects that have been promised casino licenses once the PM ok's the idea. This conference is being held this week.

CASINOS IN THE CROSS-HAIRS

Casinos are one of the hot topics in real estate investment. This issue will be addressed by government officials at the event. For the benefit of the Vietnamese government, one or two presentations will cover the way other countries handle casinos, and the business models they use.

The government has piloted casino investment in some provinces and cities frequented by international tourists and foreign investors. Numerous applications from major international groups have been submitted to operate casinos in different cities and provinces. The first pilot casino project started in Do Son in 1992 but since then the business has been under tight control and restricted in many ways.