Australian-based company eyeing Macau, ASEAN gaming market

Australian-listed Donaco International Limited is eyeing opportunities for the expansion of its leisure and entertainment operations in different locations across Asia’s gaming markets, including Macau, South Korea, the Philippines, and Japan, the Star Online reported.
The group’s main operations are currently located in Vietnam, where it owns the Aristo International Hotel in Lao Cai, and in Cambodia, where it runs the Star Vegas Resort & Club, a casino-resort established in 1999 in Poipet, on the border with Thailand.
Both properties operate by targeting customers from neighbouring countries, since both Vietnam and Cambodia do not allow locals to patronise gaming facilities.
Referring to comments by Donaco’s managing director and CEO, Joey Lim Keong Yew, in an interview with StarBizWeek, The Star Online noted that the company is actively seeking to expand its footprint in the ASEAN (Association of South East Asian Nations) countries and Asian markets in “the next three to five years,” by developing or acquiring new casinos, and “particularly by digitising gaming experience.”
In addition to expanding its hotel and casino portfolio business, Donaco is also reportedly seeking to introduce real-time online gaming, as well as investing in property development.
Lim is a substantial shareholder of the company, owning an equity interest of some 32 per cent.