​Casino operator signs deal for junket trips | Phnom Penh Post

Casino operator signs deal for junket trips

Business

Publication date
19 June 2017 | 08:35 ICT

Reporter : Post Staff

More Topic

Donaco International has inked a deal with marketing firm Vivo Tower Ltd to operate junket trips to its Star Vegas casino in Poipet, the Australia-listed company said in an announcement to the ASX on Friday.

The agreement will see Vivo Tower pay Donaco an annual fixed fee of $1.5 million in 2018 and then $3 million for the following years for the right to organise the junkets.

The deal also creates a revenue-sharing model that varies based on the scale and operations of the junkets, it said.

Vivo Towers has already partnered with Malaysia-based junket operator Da Kim Global Group, which will begin operating trips to the Star Vegas casino on July 1, it added.

Contact PhnomPenh Post for full article

SR Digital Media Co., Ltd.
'#41, Street 228, Sangkat Boeung Raing, Khan Daun Penh, Phnom Penh, Cambodia

Tel: +855 92 555 741

Email: [email protected]
Copyright © All rights reserved, The Phnom Penh Post