We developed, own, and operate Dreamworld Pailin a casino in the Pailin Province of Northwestern Cambodia near the Thailand border.
Strategically located on a growing trade route with solid infrastructure between Cambodia and Thailand (approximately five hours from Phnom Penh and three to four hours from Bangkok by car), Dreamworld Pailin caters to mass market and premium players from the major nearby cities in the region.
Initial phase opened in May 2012
Mass market floor houses 26 table games and 52 EGM Seats
The initial capital investment by us was approximately $2.5 million (funded internally) for the design and construction, and casino equipment
We have exclusive management control of the casino’s development and business operation
We lease the land from a local land owner and we receive 80% of the profit before depreciation and land lease expense
We have first right to lease from the local land owner adjacent land to the initial phase of the project, where an existing and popular casino is currently in operation, to potentially develop additional phases