Hong Kong-listed Century Leisure Worldwide Holdings Ltd says there was no additional progress on preparation work for a brand new on line casino in Dara Sakor, Cambodia, the place it plans to relocate its on line casino gaming desk enterprise.
In line with a Friday submitting, the work that’s wanted earlier than opening contains each techniques testing and the availability of coaching to on line casino workers, with the delay as a result of strict lockdown measures in place nationwide.
Century Leisure mentioned the brand new on line casino “will proceed with the remaining preparation works and try for re-opening as quickly as the present COVID-19 epidemic scenario in Cambodia eases and personnel are in a position to transfer within the metropolis.”
As such, the corporate and its CEO Ng Man Solar – who will run the on line casino in query through his wholly-owned entity Lion King Leisure Firm Ltd – have now agreed an extension of the Lengthy Cease Date till 31 October 2021 for completion of an settlement they signed in February permitting Century Leisure to function some mass market gaming tables within the on line casino. The on line casino had been anticipated to open in March till this latest wave of COVID-19 struck Cambodia at first of that month.
The continued saga of Century Leisure’s Cambodian gaming enterprise comes after it had initially signed a five-year deal with Lion King in 2019 to function 4 gaming tables at Ng Man Solar’s on line casino in Sihanoukville.
Nevertheless, on line casino operations have been pressured to close down in April 2020 as a result of COVID-19 pandemic, with Ng later revealing he had obtained a more attractive offer to move his casino to Dara Sakor.
When finally prepared, the brand new location will cowl a gross flooring space of 10,500 sq. meters with 20 mass gaming tables, seven tables for niu-niu poker, 10 tables for baccarat together with Century Leisure’s project, 1 desk every for blackjack, sicbo and poker, 25 VIP tables, 50 EGMs and a Chinese language restaurant.
Beneath the revised agreement signed with Ng and Lion King in February, Century Leisure could also be granted permission to function greater than 4 tables pending a valuation of every gaming desk on the new location by an impartial valuer. The tables will likely be primarily used for baccarat with the corporate entitled to 100% of home winnings and chargeable for 100% of home losses.