Tag Archives: Donaco International
Cambodia – Donaco looking to expand Star Vegas following 16 per cent growth
Donaco International, operator of the Aristo International Hotel in Vietnam and the Star Vegas Resort in Cambodia, has seen its net profit reach A$77.2m (US$58.2m) for the year to June 30, turning around a loss of A$9m the year before. Revenue, which came in at A$143.4m, was boosted by the A$360m acquisition of Star Vegas…
Vietnam – Donaco keen to boost casino with airport investment
Donaco International wants to invest in the development of Lao Cai airport in Vietnam’s province of Lao Cai. The airport would welcome international flights from Indonesia, Singapore, Malaysia, China and Laos, providing a huge boost to tourism and gaming. Joey Lim, Donaco’s Managing Director, said the group would ‘love to work with developer Sun Group…
Cambodia – Heng Sheng to bring VIP’s to Donaco’s StarVegas
Donaco International has signed an agreement with Heng Sheng Group, one of Macau’s leading VIP gaming promoters, to bring its VIP players to the Star Vegas Resort & Club. Heng Sheng Group was established in Macau in 2011, and provides dedicated services to its members in the form of gaming options and leisure travel. The…
Cambodia – Donaco International partners with Manchester United
Manchester United has partnered with Donaco International, making the Asian casino operator the club’s First Official Casino Resort Partner in Thailand, Cambodia, Vietnam, Laos, Myanmar and South Korea. Donaco International Limited, founded in 2002, operates leisure and entertainment businesses across the Asia Pacific region, namely the Star Vegas Resort & Club in Cambodia and a…
Cambodia – Donaco completes purchase of Star Vegas
Donaco International has now completed the acquisition of Star Vegas Resort & Club in Poipet, Cambodia and now has complete ownership and control of the Star Vegas business. The company has also signed binding agreements for the US$20m working capital facility, in accordance with the proposed terms announced on 23 June 2015. It has also…
Cambodia – Casino operations changing hands
Australia-based Donaco International has signed an exclusive term sheet, and is currently conducting due diligence, for a proposed material acquisition of a significant gaming and hospitality business in Cambodia. The market is distinct from the company’s existing China-facing business at the Aristo International Hotel and so the proposed acquisition provides diversification as well as scale…
