Donaco Int'l says that the succesful reopening and revamp of its Star Vegas property in Cambodia have driven the group to its first positive EBITDA result since Q1 2021.

Donaco CEO Lee Bug Huy banks on the reopening of the Cambodia-Thailand land borders to fuel the company’s gradually recover in the next financial year.

Australia-listed Donaco International has said its Star Vegas property in Cambodia has been given the green light to reopen from June 18th.

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.

Wynn Resorts saw a massive fourth quarter, with operating revenues rising to $1.84 billion, while net income surged to $729.2 million, as Wynn Palace delivered strong results.

Las Vegas Sands announced strong results for the fourth quarter of 2023, reporting nearly $1.2 billion in adjusted property EBITDA and net revenue of $2.91 billion, amongst the continued rise of its Macau and Singapore operations.

The world-renowned leader in gaming entertainment and content creation, Aristocrat Gaming introduces the first official emoji® brand slot machine, emoji

Works for Marina Bay Sands new tower expansion should be initiated in around "six months to one year" depending on approvals, the President and chief Operating Officer of Las Vegas Sands, Patrick Dumont, stated in the group's latest conference call.