Former Macau junket investor Century Entertainment International Holdings Ltd says it has signed a new five-year deal with its own Chairman and CEO, Ng Man Sun, to operate eight gaming tables at a casino in Dara Sakor, Cambodia.
The casino in question, which is owned by Ng, was previously located in Sihanoukville but relocated to the China-backed investment zone during the COVID-19 pandemic.
According to details filed by Century Entertainment, formerly known as Amax International Holdings, on Monday, the total consideration due for use of the eight gaming tables over the next five years is HK$58 million. However, this amount will be offset after Ng and Victor Mind Global Limited, a wholly-owned subsidiary of the company, reached an agreement in relation to profit guarantees under a previous agreement signed in 2019.
