Hong Kong’s Century Entertainment ceases Cambodian VIP room lease deal

Hong Kong’s Century Entertainment International Holdings Limited, formerly known as Amax International Holdings, has terminated a lease deal with Cambodia’s Crown Resorts Co Ltd to operate a VIP room at Genting Crown Casino in Poipet, Cambodia.

The lease deal, which was due to expire in November, saw Century Entertainment run 13 VIP tables at Genting Crown for a monthly fee of between RMB500,000 (US$115,000) and RMB600,000 (US$138,000). The company had subsequently outsourced operation of the room to a third party operator it said at the time had previously run a room at Amax’s Greek Mythology casino in Macau between 2006 and 2011, and gaming operations in Singapore and Saipan.

In full: https://www.asgam.com/index.php/2020/05/28/hong-kongs-century-entertainment-ceases-cambodian-vip-room-lease-deal/

© 2020, All rights reserved.