• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Donaco says won an appeal in fight with Star Vegas vendor

Nov 13, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck  


Donaco says won an appeal in fight with Star Vegas vendor

Asian casino operator Donaco International Ltd said in a Wednesday filing it had won the final stage of a particular court process in Cambodia linked to a long-running dispute over its Cambodia operation.

The overall dispute is with a Thai party that sold it the rights to run the Star Vegas Resort and Club in Poipet, a town on Cambodia’s border with Thailand.

The casino firm has also been pursuing legal remedies against the Thai party via processes in Singapore and Australia.

Donaco claimed in its latest filing on the matter – made to the Australian Securities Exchange – that the Thai vendor of the Star Vegas business had “conducted a campaign of legal harassment against the company” in Cambodia.

Donaco stated: “In particular, the Thai vendor has made two attempts in lower courts to seize various assets of the Star Vegas business, purportedly as security for the vendor’s claim for the financial-year 2017 management fee.”

The effort by the other side had involved attempts to freeze the Cambodian bank account of the Star Vegas business, said Donaco. It added the Thai vendor’s “attempts to seize assets were rejected by the lower courts” in Cambodia, on July 6, 2018 and January 10, 2019.

“The Thai vendor appealed the second ruling to the Appeal Court in Phnom Penh. The Appeal Court has now ruled in Donaco’s favour, and once again rejected the vendor’s claims. There is no further appeal in this matter,” the firm said in its Wednesday filing.

The Appeal Court was the same court that would rule, “in due course”, on the company’s appeal against what Donaco termed the “Cambodian lease arbitration decision”.

The firm stated: “In that matter, a further appeal will be available to the Supreme Court in Cambodia.”

Last month Donaco said it would put to a vote at its annual general meeting on November 29 an attempt by two people – Gerald Tan Eng Hoe and Patrick Tan Teck Lee – to remove all the current directors and replace them with the duo and three other named people.


  • tweet
Related articles
  • Donaco 1H Cambodia revenue up, post-tax loss US$25mln
    Donaco 1H Cambodia revenue up, post-tax...

    Mar 01, 2023  

  • Donaco posts US$1.3mln 4Q EBITDA, flags positive outlook
    Donaco posts US$1.3mln 4Q EBITDA, flags...

    Jan 31, 2023  

More news
  • Pagcor mulls pure regulator role via US$1.5bln casinos sale
    Pagcor mulls pure regulator role via...

    Mar 21, 2023  

  • Macau ops getting overseas visitors via private jets: report
    Macau ops getting overseas visitors via...

    Mar 21, 2023  


Latest News

Pagcor mulls pure regulator role via US$1.5bln casinos sale

Pagcor mulls pure regulator role via US$1.5bln casinos sale

Mar 21, 2023  

The Philippines is looking to raise circa PHP80 billion (US$1.47 billion) from the sale of its network of small, state-owned casinos, said on Tuesday the head of the country’s regulator the...
Read More
Macau ops getting overseas visitors via private jets: report

Macau ops getting overseas visitors via private jets:

Mar 21, 2023  

Crane gets US$1.65bln financing to support biz split

Crane gets US$1.65bln financing to support biz split

Mar 21, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The [Macau] month-to-date run-rate represents an approximately 45-percent recovery versus pre-Covid-19 levels for headline gross gaming revenue”

DS Kim and Mufan Shi

Analysts at brokerage JP Morgan Securities



Most Popular

  • Universal Ent seeks to end SPAC deal for Okada Manila listingUniversal Ent seeks to end SPAC deal for Okada Manila… March 20, 2023
  • Macau GGR for March 1 to 19 at US$845mln: JP MorganMacau GGR for March 1 to 19 at US$845mln: JP Morgan March 20, 2023
  • Let’s Win hosts grand opening for club at Hoiana in VietnamLet’s Win hosts grand opening for club at Hoiana in… March 20, 2023
  • SJM Holdings to sponsor Macao Golf Open for next 3 yearsSJM Holdings to sponsor Macao Golf Open for next 3 years March 21, 2023
  • Macau ops getting overseas visitors via private jets: reportMacau ops getting overseas visitors via private jets: report March 21, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us