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.
Futurist and entrepreneur Earle Hall, CEO of AXES reflects on the sixteen predictions made nearly 12 months ago during the AGB Webinar: Life After Covid-19, which looked at how business and personal and work-life would change as a result of the pandemic.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
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.