Donaco International Ltd., the Australia-listed casino operator, had a good first quarter this year. In a filing with the Australian Securities Exchange (ASE) last Friday, the company said that its net revenue increased to US$17.2 million in the period, an increase of about 7.2% over the same quarter last year when it took in around $$16.86 million.

The company, which primarily operates casinos across Asia, added that its EBITDA (earnings before interest, taxes, depreciation and amortization) dropped 1.9% from $7.7 million to $7.63 million. The first annual calendar quarter represents the company’s third fiscal quarter and Donaco said about the performance, “The result was driven by higher group revenues and tighter management of corporate costs.”

Donaco operates the Star Vegas Resort and Club in the Cambodian city of Poipet, which is popular with gamblers from Thailand. It also operates Vietnam’s Aristo International Hotel, a venue that attracts mainly Chinese mainlanders. Neither Thailand nor mainland China have legal casinos.

For the quarter, Star Vegas saw its net revenue increase to $13.74 million from $13.69 million a year ago. At the same time, though, its EBITDA dropped from $8.29 million to $6.19 million.