Corona and Royal Ha Long Operators Report Accumulated Losses
Summary
The article details the financial struggles of two Vietnamese casino operators. Phu Quoc Tourism, operating Corona Resort & Casino Phu Quoc, reported an after-tax loss of over VND211 billion for the first half of 2026, with accumulated losses reaching VND6.19 trillion. Despite raising registered capital, liquidity indicators weakened. Corona, which allows Vietnamese residents to gamble under a pilot program, hasn't seen strong domestic demand. Royal International, operating Royal Ha Long Casino, also incurred a loss of VND1.7 billion, with an accumulated deficit approaching VND600 billion. Both companies aim to improve through new visitor markets and partnerships.
(Source:World Casino News)