Donaco inks junket deal to boost Star Vegas’ VIP gambling

Casino operator Donaco International has enlisted the help of more junket operators to boost VIP gambling traffic at its flagship Star Vegas casino in Cambodia.

On Friday, Donaco informed the Australian Stock Exchange that it had signed a contract with ‘international casino market agency’ Vivo Tower Limited to broker deals with junket operators in Macau, Hong Kong, Malaysia and beyond to ferry high-rolling gamblers to Star Vegas.

The deal calls for Vivo Tower to pay Donaco a minimum fixed fee of $1.5m in FY18, rising to $3m in subsequent years, plus a variable revenue share based on which junkets Vivo brings into the fold.

Vivo Tower already has relationships with Malaysian junket Da Kim Global Group, which is currently funneling gamblers into VIP rooms at Genting properties in Malaysia, Singapore and Manila, as well as to NagaCorp’s NagaWorld casino in Cambodia’s capital Phnom Penh. Under the Donaco deal, Da Kim will begin steering VIPs to Star Vegas as of July 1.