Tag Archives: Heng Sheng Group
- Macau junket thief invites victims to come to Vietnam to discuss repayment of $1.3b
October 14, 2016
The man who stole $1.3b in casino junket investor funds two years ago is promising to do whatever he can to repay those victimized by his theft. In April 2014, Macau’s casino industry was rocked by reports that Huang Shan, a shareholder in the Kimren Group junket operation, had absconded...
- Donaco terminates junket deal with Heng Sheng Group after less than six months
February 24, 2016
Asian casino operator Donaco International has cut its ties with junket operator Heng Sheng Group less than six months after the companies started working together. Donaco released its fiscal H1 earnings report on Wednesday, which included the revelation that the company had terminated its agreement with Heng Sheng in January....
- Donaco posts “massive” growth thanks to Star Vegas
November 27, 2015
Australia-listed casino operator Donaco International Ltd. has recorded strong growth, thanks to the star of the company, Star Vegas Resort and Club in Cambodia. During the company’s general annual meeting, Donaco managing director Joey Lim touted Star Vegas Resort and Club as Donaco's new top earner. The casino was already on...
- Imperial Pacific books $28.5m profit off Macau casino junket decline
October 31, 2015
Macau’s VIP gaming downturn has prompted the early termination of a deal between junket operator Hengsheng Group and casino operator Imperial Pacific International Holdings Ltd. In January 2014, the Hong Kong-listed Imperial Pacific agreed to pay HKD 400m in convertible notes for a 5% share of the profits of Hengsheng...
- Donaco launches Heng Sheng VIP room at Star Vegas casino
September 21, 2015
Donaco International Ltd. has launched Heng Sheng VIP club at its newly-acquired casino in Cambodia. Under the three year deal signed in August, Heng Sheng will bring their VIP players to a new dedicated gaming facility at the Star Vegas Resort & Club, expanding the casino’s customer base beyond its...
- Donaco, Heng Sheng Group ink junket deal for new Star Vegas VIP room
August 23, 2015
Casino operator Donaco International has enlisted the help of junket operator Heng Sheng Group to funnel VIP gamblers to Donaco’s Star Vegas casino in Poipet, Cambodia. The two parties announced this week that they’d signed a three-year deal under which Heng Sheng will bring high-rollers to a new VIP gaming...
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