Donaco confident of improved performance in 2023

The Chairman of ASX-listed Donaco International Ltd, Paul Porntat Amatavivadhana, said Friday he expects the company to continue its positive momentum in 2023, boosted by increased traffic flow from Thailand into Cambodia and, eventually, China into Vietnam.

Donaco operates two border casinos – Star Vegas located near the Thai border in Poipet, Cambodia and Aristo International near the Chinese border in northern Vietnam.

Both properties were closed for lengthy periods throughout the COVID-19 pandemic although Star Vegas has quickly returned to profitability after reopening in June.

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