Tag Archives: Cambodia
- Donaco’s online gambling launch getting further and further away
September 20, 2017
Asian casino operator Donaco International’s plans to launch online gambling operations in Cambodia may not actually happen until well into the new year, according to the company's chief executive. The Australian-listed Donaco, which operates the Star Vegas casino in Poipet, Cambodia and the Aristo International Hotel in northern Vietnam, first...
- Cambodia’s overdue gaming law update ready for cabinet okay
September 12, 2017
Cambodia’s long-awaited new gambling law is reportedly ready to be submitted to the government’s cabinet for approval later this month. On Tuesday, the Khmer Times quoted Ros Phearun, deputy director-general of Cambodia’s Finance Ministry’s financial industry department, saying the gambling draft law – which has been promised for over three...
- Amax Holdings seeks to operate VIP room at Cambodian casino
September 5, 2017
Erstwhile casino junket operator Amax International Holdings has struck a deal to operate a VIP room at an undisclosed casino in Cambodia. On Tuesday, Amax informed the Hong Kong Stock Exchange that it had signed a non-legally binding letter of intent regarding the exclusive operating rights of a VIP room...
- Donaco says September start for Cambodian online gambling ops
August 29, 2017
Asian casino operator Donaco International saw its fiscal year profit fall by more than half due to an unfortunate series of one-off items. The Australia-listed Donaco released its fiscal 2017 report card on Tuesday, which showed group revenue falling nearly 5% to A$136.4m (US $108.6m), earnings improving 17.6% to A$65.3m...
- Political stability in Cambodia serves as NagaCorp’s buoy in H1
August 22, 2017
The good times rolled in Hong Kong-listed casino operator NagaCorp Ltd. in the first half of 2017, thanks to a stable political climate in Cambodia. NagaCorp Chairman Timothy McNally stated in the company’s interim report dated August 18 that the 20.3 percent net profit growth in the January to June...
- Donaco to fill Star Vegas halls with 100 new gaming tables
July 24, 2017
Fresh off signing deals with several international junkets, casino operator Donaco International is now looking to add 100 gaming tables to its flagship Star Vegas casino in Cambodia. The new tables, which will be added over the next few months, will add to the 140 tables that Star Vegas already...
Newest Cambodian casino was NOT built in Thailand nat’l park
March 21, 2017
New Cambodia border casino sparks trade war with Thailand
April 19, 2017
Bond exercise gives CEO Chen full control of NagaCorp
March 28, 2017