With Macau’s junket market shrinking considerably over the past few years, Century Entertainment International Holdings Ltd, a former Macau junket investor, has set its sights on a new target. It announced Monday that it’s going to conduct gaming operations at a casino in Dara Sakor, Cambodia.
Century said it’s signed a five-year agreement to operate eight tables at the casino. It’s a deal that didn’t need a lot of massaging, as the casino’s owner is Ng Man Sun, Century’s chairman and CEO, who needed to fill a financial void.
The casino was previously in Sihanoukville, which has become a target of Cambodian authorities looking to crack down on illegal gambling. Prior to the increased attention, the casino relocated to Dara Sakor, a China-backed investment zone.