VIPs from Thailand, who aren’t allowed to gamble in their country, continue to drive Cambodia’s gambling industry. The Star Vegas Resort and Club recently posted a 17 percent increase in net revenue from over $65.7 million in FY 2014 to nearly $76.8 million this year.
Cambodia’s gambling industry is on fire, thanks to VIPs from Thailand. The Star Vegas Resort and Club in Poipet recently posted a 17 percent increase in net revenue for fiscal year 2015.
Donaco International, which now owns Star Vegas, reported through its website that the total net revenue for the casino rose to nearly $76.8 million from just over $65.7 million from FY 2014. The casino’s VIP table rolling chip turnover also reached $3.87 billion this year, a 69 percent from last year’s $2.29 billion.
The VIP table game gross revenue is also up by 54 percent, from last year’s $67.6 million to $103.7 million this year. In comparison, revenues from the casino’s main hall tables only increased by 18 percent, to $19.2 million from last year’s $16.3 million.