DNA 0.00% 3.3¢ donaco international limited

Low volume, page-229

  1. 6,615 Posts.
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    It's not a consumer orientated hotel. It's set up purely for large groups / families for 1-2 day gambling trips - mostly from China where you need visas to cross the border and junket operators set this up. It's easier.

    To market the complex in China as a resort would just cost too much. It's much more efficient to tap into the network of junket companies who already have a steady flow of clients.

    Hence why we only spend $20m a year in fees to these companies. And pretty much get a steady flow of gamers. Less risk this way.

    Im sure if you wanted a room you could call and get one. 25% are already being rented out annually though, maybe they will have to expand...
 
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