Heng Sheng Group

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    Donaco terminates agreement with Heng Sheng Group, suspends operations

    Australian-listed Donaco International Ltd announced its previously agreed exclusive deal with gaming promoter Heng Sheng Group has been terminated, with operations suspended from January 2016, according to an investor presentation of its half year results. Heng Sheng previously had exclusivity for certain jurisdictions, which prevented Donaco from striking new deals with other junkets. Donaco says […]

    Imperial Pacific ends loan agreement with Heng Sheng

    Imperial Pacific International said that through a subsidiary has terminated a loan and profit transfer agreement with Macau casino junket Heng Sheng Group. Excel Earth Limited, a wholly owned subsidiary of the company, ended the agreement because “the downturn of Macau gaming business is expected to continue.” “The Junket shall forthwith return the unsecured, interest-free […]

    Donaco launches Heng Sheng gaming facility

    Donaco International Limited has confirmed that the Heng Sheng VIP club at the Star Vegas casino in Poipet, Cambodia, was successfully launched on September 20. Heng Sheng Group is one of Macau’s leading VIP gaming promoters. Under the three-year deal, Heng Sheng will bring its VIP players to a new dedicated gaming facility at the Star Vegas […]

    Imperial Pacific reports net loss of $21.8 million in 15H1

    Imperial Pacific International Holdings, a casino license holder on the island of Saipan, reported a net loss of HK$168.8 million ($21.8 million) in 15H1, compared with a loss of HK$19.6 in the prior corresponding period. Revenue for the six months ended June 30 fell 52.9 percent year-on-year to HK$138.2 million as administrative costs rose 400 […]

    Donaco strikes agreement with VIP promoter Heng Sheng Group

    Donaco International has signed an agreement with Heng Sheng Group, a Macau VIP gaming promoter, to bring its VIP players to the Star Vegas Resort & Club in Cambodia starting this year. Under the three year deal, Heng Sheng Group will bring its VIP players from Asia to a new dedicated gaming facility, to open in September, […]