While it’s too early to say Cambodia’s coastal gambling hub has risen phoenix-like from the ashes, there are encouraging signs that Sihanoukville is serious about transforming into a mass market tourism destination, with a significant improvement in urban infrastructure.
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
According to the World Health Organization, Cambodia has 275 COVID cases and zero COVID-related deaths as of the last week of September.
Jurisdictions around Asia are noting a strong surge in domestic tourism as a result of the pandemic, but border reopenings remain some way off and local traffic is unlikely to do enough to offset lost revenue in the IR industry.
Despite turning in relatively encouraging financial results for the second half of 2019, Donaco International signalled that its Vietnam casino was being heavily impacted...
The proposed name change of Amax International Holdings to Century Entertainment International Holdings Limited has gone through as an effort to refresh the corporate image.
The meltdown at Donaco International continued on Thursday when Paul Arbuckle tendered his resignation as CEO only six months into the job.
Amax International Holdings Limited has reported a 54 percent year-on-year drop in revenues in the six-month period ending September 30 to the figure of HK$28.5 million (about US$3.6 million).
Macau Chief Executive Chui Sai On met with Cambodian Prime Minister Hun Sen to discuss how to strengthen cooperation between the two governments. Chui said...
The Cambodian government has granted 10 new casino licenses in the third quarter of this year, raising their number in Cambodia to 75, local...
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