Australian-listed Asian casino operator Donaco International said net sales rose to A$25.5 million ($17.2 million) in the first quarter of this year, up about 7.2% from A$23.65 million a year earlier.
Donaco provided this information in a quarterly trading update released on Friday. 릴게임 The document selectively cited data for the period. Donaco said group earnings before interest, taxes, depreciation and amortization (EBITDA) fell by about 1.9% to A$10.82 million from A$11.03 million in the first three months of the calendar year. The company\'s fiscal year ends on June 30.
"Increased group sales and enhanced management of corporate costs drove the results," the company told ASX.
Donaco runs the Star Vegas Resort and Club in Poipet, Cambodia, which targets players from neighboring countries Thailand without licensed casinos, while Vietnam\'s Aristo International Hotel primarily hosts players from neighboring countries mainland China without licensed casinos.
From Jan. 1-March 31, Donaco\'s net profit in its Star Vegas business rose to THB 439.6 million ($13.74 million) from THB 437.1 million a year earlier, but real estate-level EBITDA fell to THB 197.6 million from THB 264.6 million.
According to the update, "the increase in total gaming revenue for table games was offset by higher junket fees and profit sharing costs, and lower slot machine revenue."
"Star Vegas\' VIP revenue rose to THB 20.3 billion during the March quarter of 2019 compared to THB 18.52 billion in March 2018 as management rebuilds its VIP gaming business," the company said.
"Main hall sales nearly tripled over the same period to THB 64.6 million following the introduction of a new public market tour group, mainly in Thailand," it added.
Aristotel International Hotels\' calendar first-quarter net income fell to $4.5 million from $4.6 million a year earlier, but real estate-level EBITDA was steady at $2.3 million, the same as a year earlier. The update attributed the results to tight cost controls.
"The Aristo business recorded a low rolling chip turnover of $294.1 million during the March quarter of 2019 compared to $368.1 million in March 2018 as management continued to rebuild its VIP business," the filing said, adding that "junket fees fell 40%."