Donaco terminates employment of former CEO Joey Lim
Former Donaco International Limited Managing Director and CEO Joey Lim has had his employment with the company terminated with immediate effect. His departure comes three months after Donaco announced that Lim had requested a temporary leave of absence to deal...
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Sihanoukville casino ordered closed for multiple development, environmental violations
Cambodian officials have ordered the closure of a casino resort in Sihanoukville following complaints from locals that raw sewage was being flushed straight into the sea. The Jin Ding Hotel and Casino, which recently opened on Koh Rong Samloem Island,...
Legal battle continues to hurt Donaco’s bottom line
Southeast Asian casino investor Donaco International Ltd has reported a net loss of AU$36.8 million for the six months to 31 December 2018, the results directly impacted by an AU$38.2 million impairment charge on the value of its gaming license...
NagaWorld to welcome Macau’s “Big 4” junket operators by year’s end as 2018 GGR climbs 55%
Hong Kong listed casino operator NagaCorp says it expects all four of Macau’s “mega junkets” to be operational at its flagship Cambodian IR NagaWorld as the company’s gaming stocks continue to soar. NagaWorld saw gross gaming revenue rise 55% to...
Donaco shows signs of recovery in 4Q18 after ongoing business challenges
After a year plagued by a range of legal issues and challenges to its customer base, Southeast Asian casino operator Donaco International has begun its road to recovery with both Cambodian IR Star Vegas and Aristo in Vietnam enjoying strong...
Planned to Perfection
Specializing in MEPF and ELV systems, Commtech Asia is providing IR operators across the Asia-Pacific region with a complete project management service aimed at maximizing efficiency and avoiding the many potential pitfalls around IR development.
Fire rips through Genting Crown Casino in Poipet
Fire has ripped through 18 floors of the Genting Crown Casino building in Poipet, Cambodia overnight. Fresh News Asia reported that calls for help were received shortly after 22:00 last night, with firefighters arriving to find the building ablaze and smoke...
Donaco orders strategic review to improve debt, cash flow position
Australian-listed Donaco International Limited has announced that it is conducting a strategic review in order to restructure its bank debt and free up cash flow. Donaco revealed on Thursday that it is currently in discussions with a number of parties...
