Century Entertainment says that the opening of a new casino in Dara Sakor in which it aims to place its mass market tables, will be delayed until further notice.
The Hong Kong-listed company had plans to launch mass market tables at the casino after switching from a similar plan to operate tables in the coastal casino hub of Sihanoukville.
The new casino, operated by Lion King Entertainment will include 40-mass market tables, 25 VIP tables and 50 slots.
“In view of the current strict lockdown measure, there has been no significant progress on the re-opening preparation works of the new casino including systems testing and provision of training to casino staff,” said the company in a filing to the Hong Kong Stock Exchange.
“The New Casino will continue with the remaining preparation works and strive for reopening as soon as the current COVID-19 Epidemic situation in Cambodia eases and personnel are able to move in the city.”
The casino, located in a controversial China-backed entertainment zone spanning 36,000 hectares in a remote area of the country, was due to open by the end of April.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.