Donaco International said its Star Vegas property in Cambodia reopened on Friday, though on a limited basis to test operational systems.
The company said it doesn’t expect any significant extra costs to be incurred as a result of reopening, but said it would keep a tight control over expenses. Management will have the discretion to scale up, or down, operations depending on local operating conditions, it said.
Star Vegas gets most of its clientele from neighbouring Thailand, though at present the border remains closed.
Donaco also said its Aristo International property in Vietnam is ready to resume business once the Covid-19 situation improves and international travel flows resume.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
On 3 April 2020, the Ministry of Home Affairs of Singapore (MHA) announced that it will be reconstituting the Casino Regulatory Authority (CRA) to establish the Gambling Regulatory Authority (GRA) by 2021. The GRA will have an expanded mandate to regulate the entire gambling landscape in Singapore and aims to consolidate and optimize gambling regulatory resources within a single agency.
The Macau Civil Servants Association has urged Chief Executive Ho Iat Sent to encourage the other five gaming operators to follow SJM Holdings in providing a "reward" to employees early in the New Year.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.