Question
Hi Jon, I was wondering what your latest thoughts were on Donaco?
Answer
Hi
Firstly, I apologise for the delay in responding to your question. Donaco continues to disappoint, seemingly encountering one hurdle after another. The question of course is whether these setbacks are temporary or permanent.
The death of the King of Thailand and the subsequent one year mourning period have affected visitation at its Star Vegas casino in Poipet, Cambodia. (As Cambodians are forbidden from gambling, around 95% of Star Vegas’ customers are Thais – Poipet is on the Thailand-Cambodia border). But this is likely to be a short-term hiccup and now that the mourning period is over, the Thai economy should start to recover and visita…
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