Tag Archives: Donaco
Vietnam – Aristo International’s attendance slashed by 75 per cent due to Coronavirus clampdown
Australian-listed Donaco International Limited has confirmed its Vietnam casino Aristo International Hotel, located at the border with Yunnan Province in China, has been heavily impacted by the Coronavirus with attendance falling by 75 per cent in February. The border crossing at Lao Cai is currently tightly restricted, with crossing allowed only for visitors with an…
Cambodia – Donaco ‘in advanced discussions’ to replace CEO and board members
Problems continue to mount at Australian casino operator Donaco International’s with the resignation of its CEO, following in the footsteps of more than half of its board members last week. Mr Arbuckle, who has only been in his position for six months, has provided six months’ notice, and his final day with the company is…
Cambodia – Donaco wins legal round against former Star Vegas owner but battle continues
Australian-listed Donaco International has won a ruling by the Appeal Court in Phnom Penh, Cambodia against the former Thai of the Star Vegas business who it says has conducted a campaign of legal harassment against the company in Cambodia. Donaco has initiated a series of lawsuits against Thai businessman Somboon Sukcharoenkraisri, the man who it…
Cambodia – Star Vegas showing signs of improvement for Donaco
A tough last year and a half of trading could be easing off for Cambodian and Vietnamese casino group Donaco International, who has shown a ‘very strong improvement’ in GGR. The Australian-listed casino group has become embroiled in an operating nightmare at its Cambodian casino StarVegas and has been forced to initiate a series of…
Cambodia – Donaco hoping Singapore court will end Cambodian nightmare
Australian-listed casino operator Donaco has initiated a series of lawsuits against Thai businessman Somboon Sukcharoenkraisri, the man who it bought Cambodian casino StarVegas off, claiming that he has breached non-compete disclosure, ‘poached’ VIP junkets and staff and threatened its player base. Donaco’s legal claim against the former Thai owners has been set down for arbitration…
Cambodia – RGB to replace 900 slots at Donaco’s Star Vegas
Donaco International has signed a new agreement with RGB, a leading Asian based supplier of casino equipmentand electronic gaming machines, to enhance the slot machine portfolio at the Star Vegas casino hotel in Poipet, Cambodia. Currently, Donaco operates 1,522 slot machines at the Star Vegas property. The majority of these (1,234 machines) are supplied by…
Cambodia – Donaco bringing an extra 100 tables to Star Vegas
Donaco is bringing an extra 100 gaming tables to its Cambodian casino Star Vegas in the next few months filling virtually all of the available capacity at its Poipet casino. The company is currently renegotiating its Star Vegas VIP junket arrangements with former junket operators being replaced by new operators. A spokesperson said: “Following an…
Cambodia – Donaco on course for July takeover of Star Vegas
Australia–based Donaco International has confirmed that its buyout of Star Vegas Resort and Casino in Poipet, Cambodia, is on schedule to be completed by the start of for a July. Star Vegas is a fully operational casino resort with 109 gaming tables, 1,264 slot machines, and 385 hotel rooms. Its average daily attendance clears the…
Vietnam – Donaco raises $75m for new hotel
Donaco International, the Sydney-based operator of Lao Cai International Hotel and casino in northern Vietnam, has sold 56.39m shares to investors to raise $75m in order to construct a second Harmony shampoos cologne are s irritable http://www.geneticfairness.org/ and strengthening very foundation, powders that drop. hotel at Lao Cai, close to the border with China’s Yunnan…
