Successful Soft Opening of the Aristo International Hotel
Sydney, May 19, 2014 AEST (ABN Newswire) - Donaco International Limited (
ASX:DNA) (the Company) is proud to confirm the successful soft opening yesterday, Sunday 18 May 2014, of its brand new five star hotel and casino in Lao Cai, Vietnam.
The new property is known as the Aristo International Hotel. The Chinese characters for "Aristo" can be translated into English as "Everlasting Victory".
At the soft opening, the business was relocated and a traditional prayer ceremony was performed. A lucky time was selected to start the business, and all players were invited to the new casino.
The photograph in link below shows the current state of the project. The landscaping will be completed during the soft opening phase.
The soft opening ceremony was very well attended, with a large and enthusiastic group of players from China. Players and junket operators were thrilled with the quality of the new property.
Forward bookings for hotel rooms at the property are strong, even though many of the hotel rooms have not yet been completed. In addition to the Company's traditional source of players from Yunnan Province, tour groups from Shanghai and elsewhere have already made bookings to visit the property in the next few weeks.
The photograph in link below is of the gaming floor at the new property, prior to opening.
The Aristo International Hotel will remain in soft opening mode until all of the hotel rooms and facilities have been completed. The property is expected to be fully operational in July 2014.
To view all photographs, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-DNA-797691.pdf
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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