Cambodian Land Casino Operator Mulls Online Venture

Donaco International considers using Star Vegas online licence to enter sector

Donaco International, a land casino operator active in the Cambodian market, has informed shareholders that it is contemplating an entry into the online gambling sector next year, using an online licence awarded to Star Vegas, a company that it acquired last year.
CEO Joey LIm said the project was at the exploratory stage but that he expected progress during the course of 2017.
Donaco certainly has the resources to fund the new venture; last year the company posted a net profit of A$77.2 million, mainly achieved through its acquisition of Star Vegas.
Donaco has some peripheral experience in the online milieu, having acquired an Australian odds comparison site called Way2Bet as part of its takeover of Two Way Limited four years ago.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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