Archive

_2020-06-05

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.

_2020-05-29

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

_2020-05-22

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.

_2020-05-15

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. 

_2020-05-08

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.

_2020-05-08

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.

_2020-05-07

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

_2020-05-04

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

_2020-04-20

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

_2020-04-03

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.

_2020-04-02

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

_2020-04-01

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

_2020-03-30

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.

_2020-03-27

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.

_2020-03-25

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

_2020-03-03

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

_2020-03-03

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

_2020-02-25

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

_2020-02-14

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.