Hong Kong’s Century Entertainment International Holdings Limited, formerly known as Amax International Holdings, has terminated a lease deal with Cambodia’s Crown Resorts Co Ltd to operate a VIP room at Genting Crown Casino in Poipet, Cambodia.
The lease deal, which was due to expire in November, saw Century Entertainment run 13 VIP tables at Genting Crown for a monthly fee of between RMB500,000 (US$115,000) and RMB600,000 (US$138,000). The company had subsequently outsourced operation of the room to a third party operator it said at the time had previously run a room at Amax’s Greek Mythology casino in Macau between 2006 and 2011, and gaming operations in Singapore and Saipan.
The decision followed a directive by Cambodian Prime Minister Samdech Techo Hun Sen for all casinos in the country to close from 2 April 2020 to stop the spread of COVID-19 – an order that remains in place today.
The company still operates four VIP tables at a property in Sihanoukville owned by its own Chairman and CEO, Ng Man Sun.