![]() Daily visits were off 18% from last year and 31% from final six months of 2015, before royal mourning began. ![]() But Donaco and Sukjaroenkraisri were unable to agree on extending the deal, so Donaco took over management of the property, now branded DNA Star Vegas, and found the going rough.įor the first half of Donaco’s 2017-18 fiscal year, gross gaming revenue fell 41% and total revenue fell 31%. ![]() He delivered on this promise, despite the death of Thailand’s King in October 2016 and the 12 month mourning period that followed. Under the deal, Thai businessman and former politician Somboon Sukjaroenkraisri, agreed to manage the property through Jand guaranteed $60 million in annual EBITDA (e arnings before interest, taxes, depreciation, and amortization). When Donaco acquired Star Vegas for an eye-popping $369 million in 2015, its gaming revenue for the 12 months ended June 30 was $95 million, up 4% from the year before.
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