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The ASX casino and resort stocks with a first holiday season out of Covid-19 ahead of them

While newly-issued decrees for business in prize-winning electronic games for non-nationals in Vietnam is expected to bring better management in the sector, some outstanding issues are been reflected on.

Donaco International Ltd (ASX:DNA) 1H FY21 Results Investor Briefing    FRA:UGS) hosted an investor briefing to discuss the Company's Half Year Results on Friday 26 February 2021. Below is the accompanying summary provided by the Donaco management team during the briefing followed by investor questions answered during the webinar. Presentation - Gordon Lo, Chief Financial Officer The Half Year was a period of changes and challenges for Donaco, as we had to navigate external challenges with COVID-19 and internally navigate through shareholding and management changes. The period saw Don...

Donaco picks up steam as 2020 draws to a close Donaco picks up steam as 2020 draws to a close By Getting a new CEO may have done Donaco International some good. Lee Bug Huy was given the position this past September and the casino operator has now moved into better times in the fourth quarter of the year. According to a filing with the Australian Securities Exchange (ASE) from today, Donaco has hit positive EBITDA (earnings before interest, taxes, depreciation and amortization) for October and November and expects the trend to continue through the end of the year. Donaco’s casino efforts ...