Queenco Leisure International Ltd. generated €500,000 ($654,000) in gross gaming revenue from its new casino in Sihanoukville. The London-listed company posted earnings before interest, tax, depreciation and amortization of €400,000 from the casino, unchanged from a year earlier, after attracting 4,000 visitors, with a gross win per visit of €149. It has a 70 percent stake in the casino. Net revenue doubled to €200,000. The company said it had hired an agent to market 9 hectares of land it holds in Cambodia to raise funds.
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
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.