Inside Asian Gaming
NagaCorp confirms reopening of NagaWorld, outlines COVID-19 safety measures
NagaCorp has confirmed the recent reopening of its Cambodian integrated resort NagaWorld after being closed for six months but says access is currently only available for fully vaccinated guests.
Sihanoukville Governor to crack down on forced labor, human trafficking at Sihanoukville hotels and...
The Governor of Sihanoukville, Cambodia, has promised to take action against the owners of any hotels and casinos in the province found to be using forced labor amid concerns over human trafficking and sexual exploitation.
Cambodia set to reopen borders to China, South Korea
Cambodia is preparing to reopen its borders to international tourists, with visitors from China and South Korea among those to be targeted initially.
Donaco sees revenue, EBITDA plummet in FY21 on COVID casino closures
Australian-listed Southeast Asian casino operator Donaco International Limited has reported an 80.7% decline in revenue to AU$10.32 million in the financial year through 30 June 2021 due to lengthy closures of its casinos in Cambodia and Vietnam.
NagaCorp books US$18 million EBITDA in H1 despite four-month closure
NagaCorp Ltd fell to a US$72.2 million loss for the six months to 30 June 2021, with the closure of its Cambodian integrated resort NagaWorld since 2 March putting paid to a strong start to the year.
Century Entertainment still waiting for launch of new Cambodian casino
Hong Kong-listed Century Entertainment International Holdings Ltd says there has been no further progress on preparation work for a new casino in Dara Sakor, Cambodia, where it plans to relocate its casino gaming table business.
Online casinos still flourishing in Cambodia as eight men arrested crossing border for work
Authorities have revealed that eight men detained while trying to cross the border from Thailand into Cambodia were on their way to work in an online casino based in Poipet.
Cambodia implements nationwide curfew, shuts down eight provinces bordering Thailand
The Cambodian government has announced a two-week curfew for all cities nationwide as it looks to quash the spread of the COVID-19 Delta variant.
Cambodia shuts border with Vietnam for one month
Cambodia has suspended all cross-border travel to and from Vietnam for a month as it looks to curb the further spread of COVID-19.
Cambodia shuts borders with Thailand and Vietnam
Cambodia has temporarily shut its borders with Thailand and Vietnam as it looks to slow the spread of COVID-19 within the Kingdom.
Donaco reaches agreement with lender for full loan repayment in 2021
Donaco International Ltd says it has reached an agreement with its main lender, Mega International Commercial Bank Co Ltd, that will see it repay the remaining balance on an initial US$100 million loan by the end of this year.
Century Entertainment reveals going concern uncertainty on HK$43 million loss
Hong Kong-listed gaming investor Century Entertainment International Holdings Limited, formerly known as Amax, says there remain uncertainties around its ability to continue as a going concern after recording a HK$43 million (US$5.5 million) loss for the year ended 31 March 2021.
Macau Legend looking for “amicable solutions” after failing to settle purchase of land in...
Macau-based gaming operator Macau Legend Development Ltd says it is working with the owner of 1,200 hectares of land in Cambodia’s Siem Reap Province on “amicable solutions” after failing to settle a 2018 purchase agreement.
Century Entertainment warns of HK$40 million full year loss
Hong Kong-listed gaming investor Century Entertainment International Holdings Limited, formerly known as Amax, has issued a profit warning on expected losses of at least HK$40 million (US$5 million) for the year ended 31 March 2021.
Moody’s says weaker 2021 to see NagaCorp revenues reach just 40% of 2019 levels
The ongoing closure of casino operations at its Cambodian integrated resort, NagaWorld, will likely see NagaCorp endure a weaker 2021 than in 2020, with revenue only reaching around 40% of 2019 levels according to Moody’s Investors Service.
Casinos banned from opening as Sihanoukville maintains COVID-19 restrictions
Authorities in the Cambodian province of Preah Sihanouk have reiterated the designation of Sihanoukville and Prey Nop district as yellow zones, which prevents the operation of casinos.
Duty-free store becomes first facility at NagaWorld to reopen as Phnom Penh’s COVID-19 restrictions...
A duty-free store operated by China Duty Free Group (CDFG) will become the first outlet at Phnom Penh integrated resort NagaWorld to reopen as Cambodia’s capital city starts easing some COVID-19 restrictions.
Cambodia’s COVID-19 outbreak sees Donaco revenues plummet in 1Q21
ASX-listed Donaco International Ltd has reported a 53.8% sequential decline in revenue for the first three months of 2021, impacted by an outbreak of COVID-19 in Cambodia that has heavily impacted its flagship casino, Star Vegas, in Poipet.
Casinos among venues ordered to close in Cambodian border town of Bavet
Multiple venues in the Cambodia border town of Bavet, including a number of casinos, have been ordered closed by Svay Rieng provincial governor Men Vibol as the region looks to contain an outbreak of COVID-19.
Cambodian capital Phnom Penh goes into two-week lockdown
The Cambodian capital city of Phnom Penh has been placed into a two-week lockdown as the country looks to halt a rapidly growing wave of COVID-19.
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