The casino operator announces the appointment of Lee Bug Huy as its new CEO, brings in new board members.
Donaco Int'l reports AU$59m loss in FY20 as COVID-19 uncertainty prompts downgrade of flagship Star Vegas casino value.
On the same day the company’s CEO is walking out the door, two new directors join Donaco’s board.
Casino operator Donaco International sees latest fiscal year turn ugly as net revenue is all but wiped out by COVID-19.
Some 21 casinos in Cambodia's Sihanoukville area have requested permission to reopen but government health inspectors are slow in making the rounds.
Cambodia's government authorizes casinos to reopen provided Ministry of Health ensures proper medical safety measures are in place.
The casino operator’s primary lender has agreed to wait until the end of the year to receive a $5-million payment.
With the situation improving in South East Asia, Donaco may re-open two of its casinos soon, but not yet.
Providing the banks give their approval, Donaco will allow its former business partners to defer settlements payments as long as other conditions are met.
Cambodia's Ministry of Health says Phnom Penh casino staffer tested positive for COVID-19, NagaCorp denies having any such employee on payroll.