Tuesday,  Oct 23, 2018,12:18 (GMT+7) 0 0
Banyan Tree gets casino business license
Thursday,  May 24, 2018,16:18 (GMT+7)

Banyan Tree gets casino business license

A view of Laguna Lang Co near Lang Co Bay in Thua Thien-Hue Province. Laguna Lang Co has received a 10-year casino license - PHOTO: BANYAN TREE

HCMC – Laguna Lang Co, one of Asia’s largest integrated resorts operated by Banyan Tree Holdings Limited, announced on May 23 it had received a casino license.

Thua Thien-Hue Province’s chairman Nguyen Van Cao handed over the casino license to Banyan Tree Holdings executive chairman Ho Kwon Ping during the recent Vietnam-Singapore Business Forum 2018 in Singapore, with Prime Minister Nguyen Xuan Phuc witnessing.

Phase one of Laguna Lang Co, part of a chain of integrated resorts, created and managed by Banyan Tree Holdings under the Laguna brand, was completed with an investment of US$285 million, comprising Banyan Tree and Angsana hotels, an 18-hole golf course, luxurious villas and residences and convention facilities among others.

The issuance of the casino license is a good start for the second phase of the project in the central coast province of Thua Thien-Hue, said Ho Kwon Ping.

The licensed casino project is expected to give a boost to tourism in Thua Thien-Hue and the central region as a whole.

Known as the first world-class integrated resort, Laguna Lang Co covering 280 hectares near Lang Co Bay is the first project of Banyan Tree in Vietnam.

Banyan Tree is a leading international hospitality brand that operates and develops premium resorts, hotels, residences and spas in Asia, America, Africa and the Middle East.

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