Savan Vegas Hotel & Casino hotel city: Savannakhet - Country: Lao People's Democratic Republic Address: Nongdeune Village,Kaisone Phomvihan, Savannakhet Lao PDR; zip code: 06000 Savan Vegas. Asia » Laos » South » Savannakhet » Blogs » Savannakhet (17-20 Oct 12) » Savan Vegas Casino. Advertisement « previous next.
Casino services firm Macau Legend Development has entered into a project development agreement with the Laos government to purchase the Savan Vegas hotel and entertainment complex.
Savan Online Music
Source: savanvegas.comAccording to a filing from the firm to the Hong Kong Stock Exchange on Monday, the Lao government agreed to sell the project for US$42m.
Last week, electronic gaming machine manufacturer RGB International announced the tender to operate the Savan Vegas Hotel in Laos had been terminated by the Lao government.
The project development agreement will have an initial term of 50 years, commencing on May 13, 2016. There is an option to extend the agreement for an additional period not exceeding 49 years, said the filing.
The agreement allows Macau legend to operate the project’s gaming tables, semi-automated gaming tables and EGMs, either in the casino or in the form of interactive gaming.
Source: Asia Gaming Brief
New Casino-Hotel to Implement Property Management, |
BOCA RATON, Fla. — July 14, 2008 — Agilysys, Inc. (Nasdaq: AGYS), a leading provider of innovative IT solutions, including specifically-designed hospitality software solutions, has announced that Savan Vegas Hotel & Casino in Savannakhet, Laos has selected a comprehensive portfolio of software solutions to increase efficiency and enhance guest service at the 180-room luxury property, scheduled to open in September. Savan Vegas Hotel & Casino is managed by Sanum Investments, Ltd. The property was looking for a single vendor to provide a suite of solutions that addressed all facets of hotel and casino operations. It also wanted systems that were reliable and user-friendly. The Agilysys portfolio provided that suite, with software that automates property management, inventory and procurement, point-of-sale and document management. “When investigating property management and point-of-sale solutions for our property in Laos, we wanted systems that were proven, scalable and easy to integrate with other applications like casino management, player tracking and financial management,” said Glen Hunter, vice president of information technology at Sanum Investments, Ltd. “We also wanted enterprise solutions that would allow us to add and manage other properties from a single location. The Agilysys software solutions met our criteria, and the fact that they run on IBM iSeries eased our system reliability concerns. We look forward to implementing the Agilysys solutions and developing a long-term working relationship with the company.”
Savan Vegas Hotel & Casino, located in Savannakhet Province, Laos, will be the area’s first five-star hotel and entertainment complex. It will include 180 guest rooms, a 58,000-square-foot casino, two restaurants, a coffee shop, bar, pool and spa. The $25 million property is scheduled to open in September 2008. About Agilysys, Inc. |
Contact:
Maureen Morreale Agilysys, Inc. 440-519-8161 [email protected] |
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