Amax Int’l inks deal to help launch new Sihanoukville casino

Macau junket operator Amax International Holdings has inked a deal to help kickstart a new casino in the Sihanoukville region of Cambodia.

On Thursday, Amax informed the Hong Kong Stock Exchange that its wholly-owned subsidiary Victor Mind Global Ltd (VMG) had entered into a service agreement with Cheung Shing Global Travel Entertainment Ltd (CSG) to provide “technical and pre-opening services” for CSG’s new Cambodian casino.

It’s worth noting that CSG is wholly-owned by Ng Man Sun, who serves as chairman and CEO of Amax, making this service agreement a ‘continuing connected’ transaction between the two entities.

The service agreement calls for VMG to provide input into the new casino’s overall design, its organizational and operational structure, as well as developing and implementing information technology systems, headhunting and recruiting services, procuring essential hardware and securing the necessary licenses and permits from Cambodian authorities.