Wednesday, June 29, 2022


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Cambodia gaming down but not out after Covid-19, online gaming ban


Cambodia’s gaming industry has taken a major knock from the Covid-19 crisis and last year’s ban on online gaming, but those on the ground are optimistic it will bounce back stronger than ever.

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Century Entertainment withdraws from Cambodia VIP room


Century Entertainment announced to the Hong Kong Stock Exchange that it has terminated its licensing agreement to operate a VIP room at the Genting Cr

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APE cancels lease agreements due to non-payment


Asia Pioneer Entertainment said it was cancelling lease agreements to casinos in Cambodia and the Philippines due to non-payment of rent and said it will write off about HK$26 million ($3.4 million)  in the first half as a result.

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Cambodia cabinet meets on AML laws


Cambodia’s cabinet, lead by Prime Minister Hun Sen, reportedly met on Friday to discuss long-awaited laws on anti-money laundering, terrorism financing and counter-proliferation financing, The Phnom Penh Post reports. 

Australia court lifts freeze order on Donaco shares


The Supreme Court of New South Wales has lifted a freeze order that restricted a group of Thai businessmen from selling a 17.99 percent stake in Donaco International.

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Will to travel remains strong once safety policies in place


Mainland Chinese are still keen to travel despite the Covid-19 pandemic and Macau and Vietnam are likely to be the first destinations to benefit once travel restrictions are lifted and flights resume.

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NagaCorp unveils new images of Naga 3


Cambodian casino operator NagaCorp has released new images of Naga 3, the operator’s proposed $3.5 billion expansion of its NagaWorld casino in Phno

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Donaco to preserve liquidity as casinos remain closed


Donaco International said its March quarter has been significantly impacted by border and casino closures, as a result of the COVID-19 pandemic. 

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Donaco defers settlement payment until bank consent


Australia-listed Donaco International on Friday said that the payments relating to its settlement with its former Thai vendors for the Star Vegas casi

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Cambodia union calls on operators to pay wages


A Cambodian trade union has called on casino operators in the country to pay up the last month’s wages and to maintain 50 percent of salaries during the closure of casinos, local media reports.

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NagaCorp posts 15 percent GGR boost in 2020Q1 despite coronavirus


NagaCorp has reported to the Hong Kong Stock Exchange “relatively stable” financial results in the first quarter of 2020 “despite such challengi

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Donaco warns casino closures will have “material impact”


Australia-listed Donaco International has warned that the closure of its casinos in Vietnam and Cambodia will have a “material impact” on its business.

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Cambodia orders casinos to close


Cambodian Prime Minister Hun Sen has ordered the closure of all casinos in the country to halt the spread of the coronavirus and said the Finance Ministry will work with the operators on tax exemptions during the time they are closed.

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Covid-19 turns out lights in most of Asia’s casinos


From India to Australia, casinos across the Asia Pacific region have closed their doors in response to efforts to combat the spread of the coronavirus, with little to no visibility at present as to the evolution of the situation.

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Donaco describes impact of coronavirus on business


Australia-listed Donaco International on Tuesday released a statement describing the impact of the coronavirus crisis on business operations at its St

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Donaco settles legal dispute with former Thai vendors


Donaco International announced that it has settled its various legal disputes with its former Thai vendors for the Star Vegas casino in Poipet, includ

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BBIN & TGB Charity support children’s education in Cambodia


TGB Charity, a subsidiary charity brand of BBIN, partnered with Cambodian Children’s Fund (CCF) this year and donated US$40,000 to various education

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World Poker Tour returning to Cambodia in July


The World Poker Tour has announced that an open WPT Main Tour event will be held in Cambodia at the NagaWorld Integrated Resort in Phnom Penh, Cambodi

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Economic toll deepens, but underlying optimism intact


The Coronavirus, now renamed as Covid-19, has devastated the near-term outlook for Asia’s casino operators, though analysts still expect demand to snap back sharply once the outbreak is under control. The big question is when that might be.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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