Friday, February 8, 2008

QLI sees casino opportunity in Cambodia

The company plans a seafront resort centered on a casino.

Casino builder and operator Queenco Leisure International Ltd. (QLI) (AIM:QLI) has bought a 22.5-acre lot for $10 million in the Cambodian coastal resort of Sihanoukville for the development of a beachfront casino.
QLI has already bought a 120-acre lot in Sihanoukville, which the Cambodian is developing, including the expansion of local airport to handle international flights. The company plans to develop a full-service resort centered on the casino, which will include hotels, conference centers, and other attractions.

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