Australian-listed casino company Donaco International on Tuesday confirmed a seven-day extension of its temporary suspension of gaming operations at the Aristotel International Hotel (file photo) in Laoqai, Vietnam. The initial 15-day shutdown amid the COVID-19 pandemic ran until April 15.
In the same filing, Donaco confirmed the suspension of casino operations at its Star Vegas Resort and Club in Poipet, Cambodia. The temporary closure followed restrictions by the Cambodian government, the company said.
"…The closure of casino operations [in Vietnam and Cambodia] will have a significant impact on Donaco's business," the company stated in the filing.
However, it added: "Donaco is successfully carrying out practical measures to reduce costs, which will mitigate this impact to some extent."
The casino operator said earlier this month that it expected to incur "cash attrition rates" of US$800,000 and US$900,000 per month during the temporary closure of two casinos. Donaco said those costs were related to casino assets and other corporate costs.
On April 1, the Vietnamese government ordered social distancing measures and the closure of non-essential businesses to curb the further spread of the novel coronavirus and related COVID-19. Several casino operators in Vietnam confirmed the closure of venues for 15 days starting that day. 파워볼사이트
"The company believes that the current COVID-19 situation poses a risk to the health and safety of Aristo's employees and visitors if operations resume, which could have long-term adverse consequences for Donaco," Donaco said in a filing explaining the extension of precautions in Vietnam on Tuesday
Vietnamese Prime Minister Nguyen Xuan Phuk said at a cabinet meeting on Monday that he had seen an easing in the situation related to COVID-19 and that "risk levels" in various regions could be revised down at Wednesday's meeting, the Vietnamese news agency reported.
But Nguyen urged continued vigilance and said social distancing measures must be seriously followed.
![Australian-listed casino company Donaco International on Tuesday confirmed a seven-day extension of its temporary suspension of gaming operations at the Aristotel International Hotel (file photo) in Laoqai, Vietnam. The initial 15-day shutdown amid the COVID-19 pandemic ran until April 15.
In the same filing, Donaco confirmed the suspension of casino operations at its Star Vegas Resort and Club in Poipet, Cambodia. The temporary closure followed restrictions by the Cambodian government, the company said.
"…The closure of casino operations [in Vietnam and Cambodia] will have a significant impact on Donaco's business," the company stated in the filing.
However, it added: "Donaco is successfully carrying out practical measures to reduce costs, which will mitigate this impact to some extent."
The casino operator said earlier this month that it expected to incur "cash attrition rates" of US$800,000 and US$900,000 per month during the temporary closure of two casinos. Donaco said those costs were related to casino assets and other corporate costs.
On April 1, the Vietnamese government ordered social distancing measures and the closure of non-essential businesses to curb the further spread of the novel coronavirus and related COVID-19. Several casino operators in Vietnam confirmed the closure of venues for 15 days starting that day. [url=https://www.homeplate.kr/]파워볼사이트[/url]
"The company believes that the current COVID-19 situation poses a risk to the health and safety of Aristo's employees and visitors if operations resume, which could have long-term adverse consequences for Donaco," Donaco said in a filing explaining the extension of precautions in Vietnam on Tuesday
Vietnamese Prime Minister Nguyen Xuan Phuk said at a cabinet meeting on Monday that he had seen an easing in the situation related to COVID-19 and that "risk levels" in various regions could be revised down at Wednesday's meeting, the Vietnamese news agency reported.
But Nguyen urged continued vigilance and said social distancing measures must be seriously followed.](https://www.geogebra.org/resource/jckpbm4q/eNSV4aHxP7QnS6rH/material-jckpbm4q.png)