Donaco enhances slot machine portfolio at Star Vegas

Casino operator Donaco International has announced the signing of a new agreement with RGB Ltd to enhance its slot machine portfolio at Star Vegas casino in Cambodia.

Donaco currently operates 1,522 slot machines at the Star Vegas property, with the majority of machines supplied by distributors under revenue share deals.

Under the new agreement, RGB will supply more than 900 new slot machines, worth more than US$25 million, replacing a number of old machines.

The slot machines to be supplied include machines from Aristocrat, Scientific Games, IGT and Konami.

RGB will also supply a sophisticated new slot machine and casino table game management system.

Donaco said there was no upfront cost for the supply of the machines, instead it would be done under revenue share deals similar to current arrangements.

Donaco says it expects the newer slot machines to generate increased slot machine revenue at Star Vegas.

“The company expects that the enhanced revenue will start to flow from December 2017, with the new slot machines and systems to be rolled out progressively over the following six months,” said the company in a filing to the ASX.

Donaco’s managing director, Mr. Joey Lim, said “We are very pleased to sign a new agreement with RGB to maintain and enhance our existing relationship. We have identified a significant opportunity to replace legacy equipment and business arrangements at the Star Vegas with improved deal terms, as well as the latest gaming technology and machines for our customers. This latest deal represents another step forward in Donaco putting its management stamp on the business.”

More news from this jurisdiction

CambodiaThursday, Nov 09, 2017

The number of Chinese tourists visiting Cambodia rose 45.7 percent year-on-year to 841,340 in the first nine months of the year.

CambodiaWednesday, Nov 08, 2017

The biggest ever clean-up of Kep’s Angkol Beach took place last month, masterminded by the management of nearby Ha Tien Vegas Entertainment Resort.

CambodiaMonday, Oct 30, 2017

Naga 2, the hotel and gaming extension to the NagaWorld casino and resort, held its soft opening yesterday.

CambodiaSunday, Oct 29, 2017

Casino software supplier Asia Live Tech has announced it has launched a new service for Bitcoin online casinos.

CambodiaFriday, Oct 13, 2017

Cambodia casino operator NagaCorp will start the construction of its Naga Vladivostok hotel with a casino and waterpark in the Primorye gambling zone in November.

CambodiaWednesday, Oct 04, 2017

Nagacorp, which runs Cambodia’s NagaWorld, reported VIP rollings in the nine months to the end of September surged 67 percent to $11 billion, as it continued to benefit from increased China visitation to the country.

CambodiaTuesday, Sep 12, 2017

Cambodia’s draft gaming law will be submitted to the cabinet for approval within this month, opening the doors to foreign investment in the country’s gaming industry.