Launch of VIP tables marks a new chapter for Century in Cambodia

Lea Hogg June 26, 2024

SiGMA news

Launch of VIP tables marks a new chapter for Century in Cambodia

Century Entertainment International, a Hong Kong-listed company, is set to commence operations of its VIP rooms in Dara Sakor, Cambodia, by early September. This move is projected to generate a consistent revenue stream before the end of 2024, thereby enhancing the group’s financial performance and market position.

The latest update from the group reveals that Wisdom Ocean Group, a subsidiary of Century Entertainment, has been spearheading negotiations with LongBay Entertainment, a Cambodian company. The discussions revolve around the operation of VIP Rooms in the Dara Sakor casino.

The agreement stipulates that Century, through Wisdom Ocean, will manage all seven tables within the 650-square-metre space at the Dara Sakor casino. This arrangement is set for an initial period of three years. In return, Century will pay a monthly rent of $35,000 to LongBay. Furthermore, Century will be entitled to 100 percent of house winnings and will bear 100 percent of house losses, in addition to associated staff costs and taxes.

The Dara Sakor casino boasts approximately 40 mass gaming tables, 55 VIP tables, and 80 slot machines. Additional amenities include a Chinese restaurant, a spa, and a nightclub.

Century Entertainment’s plans have been in motion since 2023, beginning with a deal with the company’s then-CEO. This deal was later cancelled and renewed under the current subsidiary.

In 2021, Century Entertainment relocated its business from Sihanoukville to Dara Sakor. The group’s report also mentions Cambodia’s new directive to combat illegal gambling, introduced in early 2024, as a factor in its decision and plans for Dara Sakor. This strategic move marks a new chapter in Century Entertainment’s growth and expansion in the casino industry.

Dara Sakor Casino at the forefront of Asia’s integrated resorts

The Dara Sakor Casino, situated in Koh Kong province, Cambodia, spans a gross floor area of 10,500 square meters, with the casino areas accounting for 7,000 square meters. The casino offers a comprehensive gaming experience. It is classed as one of the best forward moving integrated resorts in Asia.

The casino houses approximately 40 mass gaming tables, 55 VIP tables, and 80 slot machines. The mass gaming tables feature games like baccarat, poker, blackjack, and sic bo. In addition to the gaming facilities, the casino also includes a Chinese restaurant, a spa, and a nightclub.

Century Entertainment International, a company listed in Hong Kong, has plans to operate VIP rooms in this casino. As part of the agreement, Century Entertainment will manage all seven tables in a 650-square-meter space at the Dara Sakor casino.

The casino’s strategic location in Dara Sakor, one of the fastest-growing districts in Cambodia, enhances its appeal. The area is planned to be surrounded by luxury hotel resorts and a golf course. The proximity of a new international airport near the casino could also help attract visitors.

In summary, the Dara Sakor Casino is a significant player in the region’s gaming industry, offering a wide range of gaming options and amenities to its patrons. With the upcoming operations of Century Entertainment’s VIP rooms, the casino is set for further growth and expansion.

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