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Donaco warns casino closures will have “material impact”

Australia-listed Donaco International has warned that the closure of its casinos in Vietnam and Cambodia will have a “material impact” on its business.

Cambodia orders casinos to close

Cambodian Prime Minister Hun Sen has ordered the closure of all casinos in the country to halt the spread of the coronavirus and said the Finance Ministry will work with the operators on tax exemptions during the time they are closed.

Covid-19 turns out lights in most of Asia’s casinos

From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.

Donaco describes impact of coronavirus on business

Australia-listed Donaco International on Tuesday released a statement describing the impact of the coronavirus crisis on business operations at its Star Vegas hotel, located...

Donaco settles legal dispute with former Thai vendors

Donaco International announced that it has settled its various legal disputes with its former Thai vendors for the Star Vegas casino in Poipet, including...

BBIN & TGB Charity support children’s education in Cambodia

TGB Charity, a subsidiary charity brand of BBIN, partnered with Cambodian Children’s Fund (CCF) this year and donated US$40,000 to various educational projects to...

World Poker Tour returning to Cambodia in July

The World Poker Tour has announced that an open WPT Main Tour event will be held in Cambodia at the NagaWorld Integrated Resort in...

Economic toll deepens, but underlying optimism intact

The Coronavirus, now renamed as Covid-19, has devastated the near-term outlook for Asia’s casino operators, though analysts still expect demand to snap back sharply once the outbreak is under control. The big question is when that might be.

NagaCorp GGR up 20 percent in final quarter of 2019

NagaCorp has announced strong financial results across the board for the final three months of 2019, seeing GGR up 20 percent to US$1.7 billion. Moreover,...

Sihanoukville rental prices plummet, aims to turn into a second Shenzhen

Sihanoukville, a coastal town in Cambodia that has become known as a hub for Chinese investment, has seen it house rental prices fall dramatically...

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