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riverwind casino fireworks 2021Melco Resorts is upping its presence in Japan, as the company announced that it’s adding a third office to its operations in the country that’s readying to legalize commercial casinos. Looser capital requirements could stoke casino investment in Vietnam (Image: Viet Nam Gaming)The country is home to nearly 40 casinos, but long-standing policies take mostly hard lines against gambling. Vietnam’s Ministry of Finance (MoF) is looking to liberalize the currently stringent requirements for companies considering integrated resort projects in the country’s special administrative economic zones (SAEZs), the latest effort by the Southeast Asian nation to boost foreign direct investment. Vietnam’s current policy is that an operator looking to build a casino there must commit at least billion to the project and fork over an initial fee, called a disbursement, of half the venture’s cost before a license is awarded.The new proposal, according to MoF, will help resolve diffiHis relationship with his father is currently being probed by officials in Australia, as Melco seeks to acquire a 19.9 percent stake in operator Crown Resorts.Marina Bay Sands in Singapore has become the gold standard of the IR business, which is why the company is considered the odds-on favorite for licensure in Japan.Japan is doing everything in its power to make sure its legalizing of casinos doesn’t create societal harm.Ho’s father’s alleged links to Asian triad crime networks could present a problem for his Melco winning one of the three IR opportunities. online gambling games win real money