Sign up | Log in



Home  >>   Daily News  >>   Cambodia News  >> Economy  >> Gamble on casino in Pailin looks like a loser
NEW UPDATES Asean Affairs   28  January 2014  

Gamble on casino in Pailin looks like a loser

Crippling revenue and poor gamer numbers have prompted Entertainment Gaming Asia (EGA) to consider walking away from its Dreamworld Casino in Pailin province, according to a filing on the NASDAQ exchange on January 21.

EGA, owned by Melco International Development, runs Dreamworld Casinos in Pailin and Banteay Meanchey provinces.

In the filing, EGA said it would write off its initial $2.5 million investment in the Pailin venture, as it struggles to lure gamers from across the Thai border, and would think about whether or not to stay put in the future.

“The company is reviewing all potential options for the Dreamworld Pailin operations, which include seeking additional leasing contracts with third-party operators, subletting the entire facility or exiting the Dreamworld Pailin operations altogether,” said the statement from EGA, which sells slot machines to NagaWorld in Phnom Penh and the Bokor mountain casino in Kampot province.

EGA recorded a decrease of more than $475,000 between the second quarter and third quarter of 2013 at Dreamworld Pailin. The casino first opened its doors in May of 2012.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories   28 January 2014 Subsribe Now !
• Cambodian citizens implicated in murder of protester Subcribe: Asean Affairs Global Magazine
• Leave voluntarily, illegal Filipino workers in M'sia advised Asean Affairs Premium
• iPhone 5S, iPhone 5C on sale in local market
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Increasing holiday demand ignites national CPI
• Gamble on casino in Pailin looks like a loser
Asean Analysis                    27 January 2014 Advertise Your Brand
• Asean Analysis-January 27, 2014
Achieving Trade Promotion Authority Will Require a Heavy Lift from the President
Asean Stock Watch     27 January 2014
• Asean Stock Watch-January 27, 2014
• Asean Analysis-January 27, 2014
Mirrorless cameras remain popular amidst lowering demand for digital still cameras in Singapore: GfK

The Biweekly Update
• The Biweekly Update  January 24, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand