Jun 17, 2022 Newsdesk Latest News, Rest of Asia, Top of the deck  
Australia-listed casino operator Donaco International Ltd says casino operations at its Star Vegas Club and Casino (pictured in a file photo) at Poipet, on Cambodia’s border with Thailand, “will recommence from 18 June 2022”.
“Donaco confirms that the government of Cambodia and the relevant local authorities have lifted the temporary closure of casino operations in the Banteay Meanchey province, where Star Vegas is located,” stated the casino firm in a Friday filing.
“Operations at Star Vegas will initially recommence on a limited scale, with Donaco positioned to progressively advance towards full operational capabilities over the coming months,” it added.
The property was the firm’s main money-earner prior to the Covid-19 pandemic, but it had been closed for more than two years.
In Friday’s release, Donaco said the “gradual increase to full operations” at Star Vegas would enable the company “to continue the prudent cost control strategy it has implemented across the business” in response to the impacts of the Covid-19 pandemic.
The filing included prepared remarks from Donaco’s non-executive chairman, Porntat Amatavivadhana, saying the company was “delighted” with the reopening of Star Vegas and a “return to full-scale operations on the horizon.”
He added: “The Cambodian border with Thailand has also reopened, which has traditionally been where the vast majority of Star Vegas’ customers originate from.”
The executive said additionally that Donaco will maintain its “focus on prudent control of corporate and operation costs,” adding that it “will take some time before operations return to how they were before.”
Sep 01, 2023
Aug 31, 2023
Sep 27, 2023
Sep 26, 2023
Sep 27, 2023
The operator of the Resorts World Sentosa casino resort in Singapore has been fined for regulatory breaches in the 2022/23 reporting period, according to the first annual report of Singapore’s...(Click here for more)
”The gambling landscape will continue to evolve, and we must stay vigilant and responsive to emerging trends and technological advancements”
Teo Chun Ching
Chief executive of Singapore’s Gambling Regulatory Authority