Donaco International continues to feel the impact from border closures between Cambodia and Thailand and Vietnam and China in the latest quarter, though says its monthly cash burn remains within its range.
Tim McNally checks in with Asia Gaming Brief Asia editor Felix Ng to discuss the moves that NagaCorp has been making to offset the decline in international visitation this year. McNally also comments on NagaCorp’s initial thoughts on the China Tourism Blacklist, which we have discussed extensively over the past few weeks.
While it’s too early to say Cambodia’s coastal gambling hub has risen phoenix-like from the ashes, there are encouraging signs that Sihanoukville is serious about transforming into a mass market tourism destination, with a significant improvement in urban infrastructure.
According to the World Health Organization, Cambodia has 275 COVID cases and zero COVID-related deaths as of the last week of September.
The Dara Sakor International Airport, capable of handling long-haul aircraft such as Boeing 777s, will open in 2021 improving international access to the mammoth Dara Sakor Resort project in Cambodia's Koh Kong province. The resort includes residential apartments, hotels and casinos.