Home border closures
Donaco International said its Star Vegas property in Cambodia reopened on Friday, though on a limited basis to test operational systems.
Jurisdictions around Asia are noting a strong surge in domestic tourism as a result of the pandemic, but border reopenings remain some way off and local traffic is unlikely to do enough to offset lost revenue in the IR industry.
Donaco International said it has seen “significant progress” in moves towards reopening borders in Southeast Asia and its two casinos will be ready to resume operations as soon as the situation warrants.
Genting Singapore is seeking to cut costs by about 20 percent to 30 percent after suffering its worst quarterly loss since it opened Resorts World Sentosa.
Donaco International said it expects Cambodian authorities to allow its Star Vegas casino in Poipet to reopen in the next few weeks, although visitor numbers will remain low due to the closure of the border with Thailand.
Hong Kong, Macau and Guangdong authorities are in discussions aimed at easing border requirements that would allow residents to be exempted from a 14-day quarantine period when travelling across borders.
Macau closed its borders to all non-residents as of midnight on March 18, with the exception of blue-card holders and residents from greater China, after another case of imported Covid-19.