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Donaco says local casino business has not been hit by Coronavirus

Chhut Bunthoeun / Khmer Times No Comments Share:

Operators of Donaco International Ltd, an Australia-listed boutique casino group in Indochina, say they have not yet noticed any impact on business from the Novel Coronavirus at Cambodia’s Star Vegas, the largest casino in Poipet, a bustling border town on the Thai border.

The outbreak of the virus, which was declared a global health emergency by the World Health Organization, is now named CoVid-19. It has so far killed more than 1,600 people and infected hundreds.

The company said the border crossing from Thailand into Poipet remains open as usual. However, it is concerned that fears of the epidemic will likely affect its business operations in Cambodia if the outbreak persists.

“In the longer term, if efforts to contain the virus are unsuccessful, there is likely to be an impact on the Thai economy generally, which has a strong tourism element. This may lead to an overall reduction in demand from Thai visitors to the Poipet casino,” it explained.

Meanwhile, the company said the virus has already hurt its business operations at the Aristo International Hotel in Lao Cai, Vietnam, which borders Yunnan province, China.

“It has suffered a substantial reduction in players visiting the Aristo casino hall and a consequent reduction in gaming turnover because the border crossing at Lao Cai is currently tightly restricted, allowing through only visitors with “urgent” or “official” business reasons,” it pointed out.

For the first 11 days of February, total casino visitors numbered 1,374, averaging about 125 per day, a  75 percent drop from the first 11 days of January, when there were 5,510 visitors, averaging approximately 501 a day, it noted.

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