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Donaco Updates Coronavirus Impact on its Business

Published

5 years ago

March 26, 2020

Niji Narayan

Donaco Updates Coronavirus Impact on its Business

Photo Source: wsj.com

Reading Time: < 1 minute

Donaco International has provided an update on the impact of coronavirus on the business operations at its Star Vegas hotel, located on the border of Cambodia and Thailand.

The Thailand Government has closed the border crossing from Thailand to Poipet for 14 days. In response, Donaco has decided to close most of the Star Vegas Hotel with only minimal operations ongoing. Star Vegas also arranged unpaid leave for many staff members in March and April.

A total of 53,463 players visited the casino during the first 22 days of March, down 15% from February. Rolling chip turnover was down 9% compared to February.

“The Board and Management is closely monitoring the situation, with the safety of both our visitors and staff foremost in our mind. We are taking proactive measures to ensure a safe operating environment, as well as controlling expenditure,” Donaco said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.