Casino Life Magazine published an interview with you back in October 2017.
What changes have Queenco experienced during that time? Too many to mention actually.
But I will highlight the main changes that have occurred over this period.
Firstly we have seen a transformation of the City, from the relatively modest projects into a construction frenzy of hotels, casinos, apartment complexes, resorts and shopping centres.
Development The landscape and skyline have dramatically changed in the 18 months since your last visit.
Regarding the changes at Queenco, we have completed the Casino extension and now have 38 operational tables along with an elegant new VIP room.
Besides this we are currently preparing with our Malaysian partner an Online studio within the Casino that will accommodate 16 tables,
and are looking to be ready for operation within six weeks for the launch of Queenco Online.
The new hotel construction adjoining the main building will finally be completed by November this year, 200 new rooms and suites,which will take us to a capacity of 399 as well as space for online offices. Nothing stands still here! I have never seen such a dynamic place.
Development In recent years, the vast majority of government approved casino licenses in Cambodia have been for Sihanoukville.
Cranes still dominate the city’s skyline.
Has the Sihanoukville casino market been oversaturated?
Queenco experienced And how does Queenco grow within such a market?
Has it been over saturated? Quite simply, yes.
What happened was the criteria for obtaining a Casino license appeared to be somewhat sketchy and relatively within reach, to say the least.
This resulted in many prospective operators looking for a short term gain,
knowing that regulation would stiffen and criteria regarding licence issuing would inevitably become more difficult.
Many small Casinos opened, some still operating, some changed hands quickly, many failed.
Now we are seeing more and more larger scale operations opening
and under construction, that have a long term strategy and the financial structure as well as the marketing support to succeed.
Queenco has always had a long term strategy and developing the
property has been managed in stages as the business increased, no gimmicks, no excessive rebates, just a very good reliable product and good service to match.
Emphasis on giving the clients a safe and secure environment with excellent supporting facilities, bars, restaurants, night club, beach club to name a few.
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