{"id":17418,"date":"2021-04-30T15:58:18","date_gmt":"2021-04-30T15:58:18","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17418"},"modified":"2026-04-23T19:55:06","modified_gmt":"2026-04-23T22:55:06","slug":"donaco-revenue-falls-to-au2-8-in-q1-due-to-covid-19-restrictions","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-revenue-falls-to-au2-8-in-q1-due-to-covid-19-restrictions","title":{"rendered":"Donaco revenue falls to AU$2.8 in Q1 due to Covid-19 restrictions"},"content":{"rendered":"\n

Donaco\u2019s Star Vegas casino remains closed until further notice due to a spate of Covid-19 cases.<\/p>\n\n\n\n\n\n\n\n

Australia.-\u00a0Donaco International<\/strong>\u00a0has reported that revenue for the first quarter of the year 2021 was down from AU$6m in the past quarter to AU$2.8m. EBITDA for the quarter was AU$0.29m<\/strong>.<\/p>\n\n\n\n

The Australian-listed operator said the arrival of second and third waves of Covid-19 cases <\/strong>in Cambodia and Thailand affected its revenues and EBITDA.<\/p>\n\n\n\n

Donaco\u2019s Star Vegas casino<\/a>\u00a0has closed its doors until further notice along with other casinos in Poipet amid\u00a0new Covid-19 countermeasures<\/strong>.<\/p>\n\n\n\n

Paul Porntat Amatavivadhana<\/strong>, non-executive chairman of Donaco International Ltd, stated: “The March quarter was a challenging period due to the Covid-19 pandemic with the\u00a0outbreak in January leading to a more severe outbreak in April<\/strong>.\u00a0<\/p>\n\n\n\n

“Nonetheless, we have continued to focus on what we can control<\/strong>, our internal operations and protecting our balance sheet. We have done everything to manage what had to be managed internally within the business.” <\/p>\n\n\n\n

During the first quarter of the year,\u00a0Donaco\u2019s Star Vegas casino reported net revenue of AU$2.51m\u00a0<\/strong>down from AU$5.57m in the previous quarter.<\/p>\n\n\n\n

Star Vegas registered an\u00a0average daily visitation<\/strong>\u00a0of 290 players,\u00a0down 88 per cent<\/strong>\u00a0from the first quarter of 2020 when there was an average daily visitation of 2,584 players.<\/p>\n","protected":false},"excerpt":{"rendered":"

Donaco\u2019s Star Vegas casino remains closed until further notice due to a spate of Covid-19 cases.<\/p>\n","protected":false},"author":176,"featured_media":17419,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Donaco International Ltd reported a significant decline in Q1 2021 revenue to AU$2.8m and EBITDA to AU$0.29m, primarily due to the ongoing closure of its Star Vegas casino in Poipet, Cambodia. The closure, prompted by new Covid-19 countermeasures and outbreaks in Cambodia and Thailand, severely impacted visitation and net revenue for the gaming vertical. The company is focusing on internal operational controls and balance sheet preservation amidst the challenging market conditions.","focusai_entities":"Donaco International Ltd, Donaco, Star Vegas, Paul Porntat Amatavivadhana","focusai_location":"Cambodia, Thailand, Australia, Poipet","focusai_target_profile":"ceo_executive (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Donaco's Liquidity Position?","query":"Given the sustained operational disruption and revenue decline, what is Donaco International's current liquidity position and its burn rate, and what measures are in place to ensure long-term solvency?"},{"label":"Regional Market Recovery?","query":"How does Donaco International assess the broader regional market recovery trajectory for land-based casinos in Southeast Asia, particularly concerning cross-border visitation and potential regulatory shifts post-pandemic?"}],"footnotes":""},"categories":[16336,163],"tags":[966],"class_list":["post-17418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-finance-news","tag-donaco"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17418","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=17418"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17418\/revisions"}],"predecessor-version":[{"id":17440,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17418\/revisions\/17440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17419"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}