The Hanoi government has approved a US$500 million horse racing and entertainment center of as part of the city’s 2020 economic development plan, reports Inside Asian Gaming.
The facility, to be built on agricultural land in Soc San near the Vietnamese capital, was first OK’d in 1999, but was delayed until 2017, when the country legalized sports betting. The VnExpress reports that foreign firms are also looking to invest in horse racing facilities in Bac Ninh, Vinh Phuc and Ho Chi Minh City.
