Tag Archives: acdl
- Harbinger Capital injects additional $50M into Vietnam’s Ho Tram Strip
November 13, 2015
The Ho Tram Strip casino resort in Vietnam is getting a fresh shot in funding. New York-based investment fund Harbinger Capital announced it is investing an additional $50 million into the Asian tourism development project. This is the second capital injection the company has made in the past 14 months....
- ACDL inks deal with NewCity Capital as investor to the Ho Tram Strip project
July 18, 2014
Asian Coast Development Ltd. (ACDL) has signed an agreement with private equity firm NewCity Capital LLC. NewCity will join ACDL as a new financial partner in the Ho Tram Strip resort and casino development in southern Vietnam. Financial terms of the deal weren’t disclosed but it’s expected to create new...
- Vietnam restores ACDL’s Ho Tram Strip casino investment certificate
April 4, 2013
The government of Vietnam has formally re-issued an investment certificate to Asian Coast Development Ltd. (ACDL), the Vancouver-based company behind the stalled integrated resort-casino project on the country’s Ho Tram Strip. The move comes just one month after ACDL’s Ho Tram partner, MGM Resorts International, washed its hands of the...
- MGM Resorts washes hands of Vietnam Ho Tram strip casino project
March 7, 2013
Vietnam’s first resort-casino project has hit yet another snag as MGM Resorts has walked away from its contract to manage the facility. The MGM Grand Ho Tram resort was a co-venture of MGM and Asian Coast Development Ltd. (ACDL), a Vancouver-based company in which US casino operator Pinnacle Entertainment holds...
Sun Group the only approved casino in Vietnam’s Quang Ninh
April 21, 2017
MGM’s Maryland casino National Harbor sets new revenue record
September 7, 2017