Trading Update
Sydney, May 16, 2014 AEST (ABN Newswire) - In response to queries from a number of investors, Donaco International Limited (
ASX:DNA) (the Company) reports there is no sign that recent tensions between China and Vietnam have affected the business of the Lao Cai International Hotel.
The number of players visiting the current property in April, and the first half of May, has been at normal levels. Chinese players are continuing to cross the border freely.
The soft opening of the Company's new five star hotel and casino is on track for this Sunday, 18 May 2014.
About Donaco International Ltd
Donaco International Limited (ASX:DNA) operates leisure, entertainment and associated technology businesses across the Asia Pacific region.
Donaco's largest business is the Star Vegas Resort & Club, a successful casino and hotel complex in Poipet, Cambodia, on the border with Thailand. Star Vegas was established in 1999, and is the largest and highest quality of the Poipet casino hotels. The property has more than 100 gaming tables, more than 1400 slot machines, and 385 hotel rooms.
Donaco's flagship business is the Aristo International Hotel, a successful boutique casino in northern Vietnam, located on the border with Yunnan Province, China. Established in 2002, the property has recently been expanded to a brand new five star resort complex with 400 hotel rooms. Donaco is a pioneer casino operator in Vietnam, and owns a 95% interest in the business, in a joint venture with the Government of Vietnam.
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