Logo of Phnom Penh Post newspaper Phnom Penh Post - Court orders closure of Poipet’s Star Paradise casino




Court orders closure of Poipet’s Star Paradise casino

Court orders closure of Poipet’s Star Paradise casino

A Poipet casino has been ordered to close after the Australian-listed owner of its next-door competitor filed charges in the Banteay Meanchey Provincial Court alleging breach of contract, documents posted yesterday to the Australian Securities Exchange show.

Donaco International bought Star Vegas in 2015 from a Thai businessman, Somboon Sukcharoenkraisri, who signed noncompetition clauses as part of the sale, according to Donaco’s latest and previous filings. Donaco later began to operate a gaming floor in next-door Star Paradise, which was still owned by Somboon.

When Donaco stopped operating that gaming floor, Somboon kept it going – in breach of the anti-competitive clause, Donaco says. The Banteay Meanchey court issued an interim injunction to close Star Paradise unless Somboon and two associates make a $360 million deposit, Donaco’s filings say.

The headline for a previous version of this article misidentified the casino that is being ordered to close by the Banteay Meanchey Provincial Court. It is in fact Star Paradise, not the neighbouring Star Vegas. The Post apologises for any confusion caused.

MOST VIEWED

  • Thousands attend CNRP-organised pro-democracy vigil in South Korea

    Thousands of supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Saturday gathered in the South Korean city of Gwangju to hold a candlelight demonstration calling for the “liberation” of democracy in Cambodia. Yim Sinorn, a CNRP member in South Korea, said on

  • US Embassy: Chinese trade does not help like the West’s

    The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do not

  • H5N6 avian influenza virus detected in Takeo chickens

    Following official confirmation on Sunday that the highly pathogenic H5N6 avian influenza virus was detected in chickens sold at a Takeo province market in February and March, experts reassured the public that the virus is not dangerous to humans. The UN’s Food and

  • Eight people sent to court over violent protest

    Preah Sihanouk provincial authorities on Sunday sent eight people to court for blocking National Road 4 and using violence against authorities in a land dispute in Prey Nop district’s Bit Traing commune. Four police officers and two commune security guards sustained injuries when the protesters