PRODUCT
Washington tirbe to build new $100m casino
The chairwoman of the Washington Tulalip Tribes has announced that ground will be broken on a $100m casino premiss later this year.
The new venture will act as the replacement to the existing Quil Cedda Creek Casino,which was originally called the Tulalip Casino when it opened some 25 years ago.
If all goes to plan then the new 110,000 sqft facility,which will be situated directly opposite from the to-be-shuttered premises,will be completed either by the end of 2018 or esrly 2019.
Marie Zackuse,chair woman of the Tupalip Tribes board of directors commented on the planned venture.“we’re going to keep it as the locals’ casino and cater to what they like .It will be more entertainment and more food venues,but keeping that feel for the locals.”
Currently only known as QCC2,the upgraded facility will reportedly cover 15 acres and will feature a larger gaming floor than its predecessor, top-end amenities and the ablility to cater for more than 1,000 visitors.
Commenting on the fate of the land currently occupied by the Quil Ceda Creek Casino vice chair -women for the tribes ,Teri Gobin coyly stated that it is “to be announced” and that “we [the tribe] have dream in our head ,we all have dreams in our head ,we all have these visions, we have to be together to make sure we’re togerther in our vision.”
 
Vietnam to start locals CAsino trial on 1 December
Vietnamese locals will be free to gamble in the country’s casinos from a 1 December2017-but exactly which casinos are permitted to grant entry remains unclear.
The latest circular from Vietnam’s Ministry of Finance stipulates 1 December as the offical  start date for a long-awaited three year tiral that will see locals allowed to enter its casino for the first time subject to certain stirct requirements.
Those requirements include proof that the person earns a monthly income of at least VND10 million(US$440)or are taxed at “Level 3”or higher.Casinios must either open books or issue eletronic cards to monitor locals who enter the property, with the monitoring book or card  required to be archive for a minimun of five years to allow authorities to review and evaluate the tiral scheme.
Local will also be required to buy a tichet for entry,with the proceeds to be paid via tax to the State Treasury.A previous circular suggested the entry fee would be VND1 million(US$44)for a single ticker or VND25 million for monthly pass although new Circular No102/2017/TT-BTC does not clarify the amount.