Head of Hong Kong’s Century Entertainment to relocate Sihanoukville casino ops to new hotel

Hong Kong’s Century Entertainment International Holdings, formerly known as Amax International Holdings, is set to relocate gaming tables under its operation in Sihanoukville, Cambodia to a new location after the company’s Chairman and owner of the casino in question revealed it was relocating.

According to a Monday filing, Century Entertainment Chairman and CEO Ng Man Sun has informed the company that he would be moving his Cambodian casino operations from its current home at Sihanoukville’s Sunshine Bay Hotel after the landlord failed to agree to improved lease terms in the wake of recent COVID-19 closures.

Instead, the casino, operating under Ng’s wholly-owned Lion King Entertainment Company Limited, will relocate to the newly opened Ming Guan Hotel. The move comes only months after Century Entertainment signed a five-year deal with Lion King under which it was assigned Gaming Table Business Rights for five years at a total consideration of HK$120 million.

In full: https://www.asgam.com/index.php/2020/07/07/boss-of-hong-kongs-century-entertainment-to-relocate-sihanoukville-casino-ops-to-new-hotel/

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