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.
The FY21 loss, widened from a loss of HK$38.1 million 12 months earlier, comes after Century Entertainment recorded just HK$700,000 (US$90,000) in revenue for the year due to the suspension of its gaming tables business in Cambodia.
Previously operating table games at a casino in Sihanoukville owned by the company’s Chairman and CEO Ng Man Sun, Century Entertainment was in the process of relocating its business to a new casino in Dara Sakor when Cambodia’s latest outbreak of COVID-19 struck in March.
