Macau casino junket operators are increasingly looking to Vietnam to help offset their falling VIP gambling business.

The Crown International Club in Da Nang – which opened in 2010 under the name Silver Shores – has become a priority for junkets, with industry insiders estimating the property’s VIP gambling turnover rose to $3b per month this year. That sum represents twice the VIP turnover enjoyed at some larger regional gaming venues, including Solaire in the Philippines, NagaWorld in Cambodia and Genting Highlands in Malaysia.

Ben Lee, a consultant at iGamiX, told Reuters that the property, which is owned by Chinese businessman Hui Kong, was a prime example of “a casino going under the radar that is doing extremely well.” Lee estimated that there were around 25 charter flights each week shuttling Chinese VIP gamblers to the facility on Vietnam’s south central coast.

As Macau’s VIP business imploded over the past 18 months, junkets like Hengsheng Group have been inking deals with Crown International. At least 10 junkets are now believed to be exclusively focused on doing business with Vietnam’s seven casinos.