Donaco International said it expects Cambodian authorities to allow its Star Vegas casino in Poipet to reopen in the next few weeks, although visitor numbers will remain low due to the closure of the border with Thailand.
Cambodia has said it will allow properties to reopen after an inspection from the Ministry of Health and the implementation of Covid-19 safety measures. That inspection is likely in a few weeks, the company said in a statement to the Australian Stock Exchange.
However, Thailand has extended its state of emergency until August 31, which is likely to affect the border reopening date.
The majority of visitors to the Star Vegas resort are Thai nationals who are not allowed to gamble at home.
“The company is optimistic that the Covid-19 situation will continue to improve in the region Star Vegas operates in and the Cambodian government’s announcement is a positive step towards the resumption of normal operations.”
Donaco also operates the Aristo International resort in northern Vietnam.
The Kangwon Land Welfare Foundation announced that it provided KRW630 million (US$561,000) for the operation of social welfare facilities and group programs in Gangwon Province as part of the “Welfare Infrastructure Revitalization Project in 2021.”
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.