Donaco International Ltd. (AU:DNA) has released an update.
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Donaco International Ltd. reported a solid quarter with Group net revenue of A$10.81m and EBITDA of A$6.34m, underscoring a year-on-year EBITDA growth of 164%. The company saw increased visitation at its casino operations, attributed to successful membership programs and government tourism initiatives. Despite a robust cash balance of A$29.30m, Donaco faces challenges such as potential impacts from Thailand’s casino legalization discussions and a tax audit at Aristo in Vietnam.
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