Australia-listed Donaco International said its Star Vegas property in Poipet, Cambodia, closed from April 27th due to an outbreak of Covid.

Donaco International said it turned EBITDA positive in the December quarter, helped in particular by its Star Vegas property, which is focusing on attracting clients from the local region. Revenue was A$6 million, down from $16.8 million the prior year.

Donaco International said it has now finalized the settlement of a dispute surrounding the Star Vegas casino in Cambodia and the business has returned EBITDA positive.

Cambodian and Vietnamese casino operator Donaco International has reported steadily increasing earnings in 1Q24, almost fully reaching pre-COVID operational levels, as stated in the company’s quarterly report.

Casino operator Donaco International has reported a significant turnaround in its fiscal first-half net profit after tax, marking a notable improvement from the prior-year period.

Aristo International Hotel, located in Vietnam near the Chinese border, has reported an increase in revenue and EBITDA following an influx of tourism from China.  

Cambodian and Vietnamese casino operator Donaco International has reported revenue of AU$9.71 million ($6.1 million) for the third quarter of this year, marking an increase of 53 percent from the previous year.

Cambodian and Vietnamese casino operator Donaco International announced the appointment of Joan Dabon as company secretary, effective immediately.

Cambodian and Vietnamese casino operator Donaco International has reported revenue of AU$24.33 million ($15.8 million) for the fiscal year 2023, marking an increase of 897 percent from the previous year.

Donaco International Limited has seen a decline in its net revenue and operational results in the second quarter of this year, despite an improvement in its Aristo International Hotel property in Vietnam after border repinings with China