- Leisure and entertainment operator Donaco International (DNA) has announced the limited reopening of its Aristo Casino in Lao Cai, Vietnam
- The casino was abruptly closed on April 1 following Vietnamese government orders for the 15-day closure of all casinos due to the COVID-19 pandemic
- While non-essential services were allowed to reopen from May 8, Aristo’s Casino has only just returned to operations
- Given its proximity to the still-closed border with China — and the fact the bulk of casino patrons come from across the border — the Lao Cai casino has reopened on a limited basis to mitigate costs during the quiet period
- Donaco shares finished the day grey on Wednesday, priced at 3.7 cents each
Leisure and entertainment operator Donaco International (DNA) has announced the limited reopening of its Aristo Casino in Lao Cai, Vietnam.
COVID-19 shutdown
The casino was abruptly closed on April 1 following Vietnamese government orders for the 15-day closure of all casinos due to the COVID-19 pandemic.
This order was then extended for a further seven days.
While the Vietnamese government allowed for the reopening of non-essential services (except clubs and karaoke) from May 8, Aristo’s Casino has only just returned to operations.
Given its proximity to the still-closed border with China – and the fact the bulk of casino patrons come from across the border – the Lao Cai casino has reopened on a limited basis to mitigate costs during the quiet period.
Outlook is a gamble
Donaco says it will continue to monitor the situation around the pandemic to best gauge how to handle operations at the casino.
The Aristo operators will continue to look after the safety of staff and patrons as the potential for further outbreaks remains a risk factor.
The company is, however, optimistic the COVID-19 situation will continue to improve in the region, and will continue to take positive steps towards the resumption of full operations.
Donaco shares finished the day grey on Wednesday, priced at 3.7 cents each.