The SunCity Group, a casino junket operator based in Macau, recently announced that it will be previewing the Hoiana, a new Vietnamese integrated resort project this weekend. The operator holds 34% indirect equity interest in the said project, which is scheduled to open next year.
Work on the resort began in 2016 and several operational facilities have now been completed. Attendees at the preview event scheduled on June 28 will be able to experience some of the amenities on-site.
The Hoiana SunCity entertainment and gaming venue, Hoiana Shores Golf Club and the Hoiana Hotel and Suites are just some of the facilities that will be open for viewing this weekend.
“I am delighted to see that our projects continue to grow as they all undergo transformation; the metamorphosis of SunCity never stops,” Chau Cheok Wa, SunCity chairman, said.
The preview follows after the operator announced earlier this month a 23.5% decline in revenue for 2019 to RMB611.8 million ($86.4 million), while losses went up to RMB 1.50 billion due to another year of rising financial costs.