Donaco plans to reopen DNA Star Vegas
Donaco International Limited announced the limited reopening of DNA Star Vegas in Poipet, Cambodia. The date for reopening is set for September 25, 2020. The venue “is set to operate on a limited scale for patrons located in Cambodia, and the reopening will allow the Company to test its operational systems whilst ensuring the health and wellbeing of staff and visitors.”
The group doesn’t expect any additional material expenses to be incurred during the reopening because the majority of guests reportedly come from Thailand and the border between countries is still closed. Donaco promised it “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.”
The venue was temporarily closed on April 1 and was later inspected by the Cambodian government to ensure the proper preparation and safety measures. Earlier this month, Donaco reported that despite the ongoing pandemic, it lowered its fiscal-year loss to AUD58.9m ($41.6m) compared to AUD198m the previous year.
In the statement, Donaco assures its “two casinos are ready to resume to 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.”
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