{"id":10543,"date":"2020-10-01T21:20:29","date_gmt":"2020-10-01T21:20:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=10543"},"modified":"2026-04-24T01:20:31","modified_gmt":"2026-04-24T04:20:31","slug":"century-to-move-cambodian-location-again","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/century-to-move-cambodian-location-again","title":{"rendered":"Century to move Cambodian location again"},"content":{"rendered":"\n

The company is leaving Sihanoukville for good after signing a 15-year lease on another location. The casino will open in January 2021.\u00a0\u00a0<\/p>\n\n\n\n\n\n\n\n

Cambodia.-\u00a0Century Entertainment International has announced it has found a second new location to which it will move the gaming machines it previously operated at\u00a0Sihanoukville\u2019s Sunshine Bay Hotel.\u00a0\u00a0<\/p>\n\n\n\n

In early August, the operator announced it would not renew its lease at the hotel and would move its business to\u00a0Ming Guan Hotel<\/a><\/em><\/strong> under more favourable terms.\u00a0<\/p>\n\n\n\n

But in a note to the\u00a0Stock Exchange of Hong Kong, the firm said its wholly-owned subsidiary,\u00a0Lion King, has signed a lease with a new landlord,\u00a0LongBay\u00a0Entertainment, to move its operation at Dara Sakor, Koh Kong Province.\u00a0\u00a0<\/p>\n\n\n\n

The company said in the note that it \u201chas been offered\u00a0even more attractive terms for lease at a second new location” and has signed an agreement\u00a0for a\u00a0term from October 1, 2020, to September 30, 2035.\u00a0\u00a0<\/p>\n\n\n\n

The gaming floor will measure 10,500 square meters and hold 80 slot machines, 40 mass gaming tables and 55 VIP gaming tables. There will also be a Chinese restaurant, a spa and a night club.\u00a0\u00a0<\/p>\n\n\n\n

Century said: \u201cThe company has been advised by Lion King that the casino is expected to be re-opened by 31 January 2021.\u201d  <\/p>\n\n\n\n

Daka Sakor was recently in the news since the US Treasury Department has heavily sanctioned<\/a><\/em><\/strong> the Chinese state-owned resort and tourism complex developer which has rights to exploit land there. The US claims it has seized land under false pretences to turn it into a base for military purposes.\u00a0\u00a0\u00a0<\/p>\n\n\n\n

But Century Entertainment describes Daka Sakor as\u00a0“one of the most rapidly developing districts in Cambodia” and “a well-known tourism destination in Southeast Asia.\u201d<\/p>\n\n\n\n

It said the building in which the gaming machines will be placed is\u00a0“surrounded by luxury hotel resorts and a golf course.\u201d\u00a0\u00a0<\/p>\n\n\n\n

Century is also betting on the new international airport currently under construction, which is expected to be finished by the end of this year.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

The company is leaving Sihanoukville for good after signing a 15-year lease on another location. The casino will open in January 2021.\u00a0\u00a0<\/p>\n","protected":false},"author":2,"featured_media":10545,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Century Entertainment International's subsidiary, Lion King, has secured a 15-year lease with LongBay Entertainment to relocate its casino operations to Dara Sakor, Koh Kong Province, Cambodia, from Sihanoukville. This strategic move, expected to finalize by January 2021, involves a significantly larger gaming floor and more favorable lease terms, despite recent US sanctions on a Chinese developer in the region. The company anticipates leveraging Dara Sakor's tourism development and new infrastructure for growth.","focusai_entities":"Century Entertainment International, Lion King, LongBay Entertainment, US Treasury Department, Stock Exchange of Hong Kong, Sunshine Bay Hotel, Ming Guan Hotel","focusai_location":"Cambodia, Sihanoukville, Koh Kong Province, Dara Sakor, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.8), operator_casino (0.9), product_ux (0.7), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Dara Sakor Risk Assessment","query":"How does Century Entertainment plan to mitigate the operational and reputational risks associated with the US Treasury Department's sanctions on developers in the Dara Sakor region?"},{"label":"Lease Terms Analysis","query":"What specific 'more attractive terms' were secured in the 15-year lease agreement with LongBay Entertainment, and how do these impact the projected NGR and operational expenditure?"}],"footnotes":""},"categories":[28,16333],"tags":[30,23768],"class_list":["post-10543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-cambodia","tag-century-entertainment-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=10543"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10543\/revisions"}],"predecessor-version":[{"id":10559,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10543\/revisions\/10559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10545"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}