Donaco International Limited has reopened its Cambodian casino, Star Vegas in Poipet, with limited operations pending the reopening of the border with Thailand.
The company stated in a Friday filing that the limited reopening would allow it to “test its operational systems whilst ensuring the health and wellbeing of staff and visitors.”
Star Vegas has been closed since 1 April following an order from Prime Minister Hun Sen for all Cambodian casinos to suspend operations. That order was lifted on 3 July pending individual approvals from the Ministry of Health, however Donaco had until now refrained from reopening given the majority of its business comes from neighboring Thailand.
The company said Friday it does not expect any significant increase in revenues or expenses in the short-term while the border remains closed, but said both Star Vegas and its Vietnam casino, Aristo International, are ready to resume full operations “as and when conditions ameliorate post COVID-19 and in conjunction with the flow of cross border travel with the reopening of international borders.”
“The Company will continue to maintain its tight cost control strategy, while operations remain at limited operating capacity; and management will maintain the discretion to tailor up or down the pace of operations to local conditions,” Donaco said.