Amax Holdings strikes 3-year deal to operate Genting Crown Casino VIP room

Hong Kong-listed gaming investor Amax International Holdings has finally named the Cambodian gaming venue that houses the VIP room that the erstwhile casino junket company will operate.

In a filing, Amax announced that its wholly owned subsidiary Victor Mind Global Ltd. has signed a three-year license agreement with Crown Resorts Co. Ltd. for the exploration of a VIP room in the Southeast Asian country.

Under the deal, Crown Resorts has agreed to rent the Target VIP room in the Genting Crown Casino in Poipet starting Dec. 1.

Amax will outsource the operation of the VIP room’s 13 VIP baccarat gaming tables to an undisclosed third-party junket operator, which the company described as “one of the top junkets” at its now-defunct Greek Mythology Casino. The junket operator also runs VIP rooms at Sands in Singapore and Imperial Pacific Resort Hotel in Saipan, according to the filing.