Monday, August 08, 2022

Sihanoukville property profiles


Asia Gaming Brief’s Mekong Gaming Summit wrapped up with a tour of some of the casino properties in the southern coastal town of Sihanoukville.

The area is in the grip of a massive construction boom fuelled, mostly by Chinese capital, as factories seeking a lower cost base relocate from Mainland China. Investment under Beijing’s  “belt and road” initiative is also boosting growth. 

Out of the 133 operating casinos in Cambodia, 61 are in Sihanoukville and 46 percent of new license applications received in the first half of  2019 has been for the area, according to government figures. Further applications have been received in Q3, despite negative publicity about crime, environmental degradation and safety standards.

Many of the casinos are small operations, with online gaming driving the bulk of revenue, however, some of the newer, luxury resorts springing up are undoubtedly high quality and give some credence to the “new Macau” label that is often used to describe Sihanoukville. 

Below are the profiles of the properties toured. 

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Jin Bei Casino & Hotel



Just two years ago, the seven-story Jin Bei Casino & Hotel was the tallest structure in Sihanoukville. Close to the Golden Roundabout in the center of town, it is now dwarfed by the skyscrapers shooting up all around it.

The property, which opened in 2016, has 2,000 square meters of gaming space, with 3 VIP salons and a main gaming hall. It has 33 gaming tables and 50 electronic gaming machines, including two older models of the AlfaStreet roulette consoles. Like many of the casinos in the city, it has a selection of Chinese-made machines, which are similar to Aristocrat’s Helix cabinet.

The 45 hotel rooms attached to the property are reserved exclusively for gamers. 

In early 2020, Jin Bei will open the Jin Bei Artisan hotel, which will have 151 hotel rooms and 118 electronic gaming machines. Electronic game suppliers include Scientific Games, Aristocrat, Game Source, Alphastreet, and Novomatic.

In early 2020, it also plans to open the 192-room Jin Bei Palace hotel.

The property will have 95 tables, with the availability of 12 types of games, including those not available in Macau, such as Ngam Ngam. it will have 50 Egms. It will have six VIP rooms, containing 39 tables.

It will feature a helipad, retail mall, a golf driving range, spa, swimming pool, and restaurants.

The company says about 95 percent of its players are Chinese, with nearly all junket play. 

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WM Hotel and Casino



WM is located in central Sihanoukville and is another relatively low-rise property. Of the casinos toured, it had the largest proportion of live dealer positions which took center stage on the main casino floor.

A total of 18 live dealer tables offering baccarat, roulette and other in-demand games were available. In addition, it had 32 tables, 16 WMS slot machines, and two Shooting Fish games, which are said to be highly popular in Cambodia. 

WM has four VIP rooms.

As in most casinos in the city, the average minimum bet on the main floor is about $20 and all transactions are in cash. 

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Xi Hu Resort Hotel



The Xi Hu Resort Hotel is a 30-story five-star property situated on the beachfront. It is one of the newer resorts in the town and is one of the most upscale. 

The property boasts 509 rooms and 26 suites. It has several fine dining options, including a Japanese and Chinese restaurant. Its huge swimming pool fronts onto the ocean. 

The resort’s casino is called New Macau and features a wide range of gaming machines from major suppliers, such as Scientific Games, Aruze and Aristocrat.  

Suncity and Venus Group operate a large VIP space on the property with around 32 tables.

There are also VIP tables on the 30th floor with stunning views of the coastline and facilities that would not be out of place in Macau. 

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Queenco Hotel and Casino

[caption id="attachment_85645" align="alignnone" width="300"]Queenco pool Queenco pool[/caption]

Queenco Hotel and Casino is one of the most established resorts in Sihanoukville, opening in 2008.

The beachfront resort with a swimming pool and open-air seafront restaurant has a relaxed feeling that is lacking in some of the larger properties. 

At present, its casino has 38 tables and 115 slot machines. It also features an online studio, with live dealers. There are facilities to play online games with the live dealers from inside the casino itself.

The resort is in expansion mode and is adding another 200 hotel rooms, bringing the total to 400. It is also constructing a new VIP gaming area.

The next step will be a mega project on Queenco’s beach-side land at Otres Beach, with an investment of more than $900 million. The five-star integrated resort will be built on nine hectares of prime beachfront, with two hotels totaling 3000 rooms and suites, a casino, shopping center, convention center and condominiums. 

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Xinhaohui Palace



The Xinhaohui Palace is unusual amongst the newer properties in that it is a boutique hotel, with a color and design scheme reminiscent of the Wynn Palace in Macau. The beachfront property has 123 hotel rooms on just seven floors. 

The resort, which is backed by Chinese investors, features a beachside deck and swimming pool. It opened on July 28th.

The casino was the only one visited to make a feature of the sea view, giving it a more open feel. It has around 40 tables, 18 generic slot machines and works with junkets, such as Tak Chun.

Xinhaohui does have several live dealer tables on the main floor, but said the majority of its business is land-based, so it doesn’t expect a major impact from the decision to ban online gaming.

The casino hires 300 dealers and has brought in about 80 from the Philippines. 

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[caption id="attachment_85644" align="alignnone" width="300"]Century Casino, Sunshine Bay Century Casino, Sunshine Bay[/caption]

Sunshine Bay Hotel and Century Casino

The Sunshine Bay Hotel is one of the most recently opened resorts and is situated on Independence Beach. 

The 130m hotel tower features a spa, sky garden and swimming pool and more than 200 hotel rooms. It is backed by Hong Kong’s Century Entertainment Group, formally known as Amax International.

The casino will be on three floors and will be one of the largest in town. It is expected to hold a soft opening in October, with about 50 tables on the main floor. It will have ten junket rooms with around 11 tables each. In total it expects to have around 138 tables and potentially around 50 slots. 

The equipment will be provided by leading suppliers, such as Angel Eye table products and cards. 

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Kompong Dewa



The Kompong Dewa Resort will be one of the largest in Sihanoukville once it is completed. The five-star facility is halfway between town and the airport, on a hill overlooking Otres beach.

The $350 million project is backed by Singaporean and local investors and the first stage is scheduled to open in 2022. The sprawling resort is being billed as more of a lifestyle destination, featuring offices, an international health center, apartments, and villas, as well as hotels and restaurants. 

The concept is to create an economic cyber park zone, with enough entertainment and other facilities that the clients remain on site. 

The 10-hectare integrated resort will have a hotel with 300 suites and 900 apartment units.

The casino will feature 38 tables, with 150 electronic gaming machines from five main suppliers.

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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