Casino operator weathers pandemic storm

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Asia-Pacific casino operator Donaco International has reported a net profit afer tax of A$25.2m for the full year ended June 30.

The company had negative EBITDA of A$0.1m down from a positive A$10.4m and generated an underlying net loss of A$12.7m.

Its annual report said that it had weathered the Covid pandemic and also successfully settled all legal cases with its Thai vendors in relation to the Star Vegas and would soon resume full casino operations in Cambodia and Vietnam.

Star Vegas in Cambodia had only been operating for seven months in the financial year.

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