Queenco Leisure International Limited, the emerging markets casino developer and operator, announced the USD 10 million purchase of land in Sihanouk Ville, a coastal area in the south-west of Cambodia, which the company intends to develop as a destination beachfront resort and casino. QLI has purchased 9 hectares of land in an ideal location, situated along the beachfront in Sihanouk Ville...

According to rumours, American and Israeli companies have an eye on greek casinos. Israeli company Queenco seems interested in the Kerkyra (Corfu) casino, but is not ready to invest more than 10 million dollars. Meantime, Arab companies seem ready to invest up to 20 million euro for the Casino of Corfu.

Queenco Leisure International Ltd. (QLI) as finalized the terms of its concession agreement with the Constanta municipality in Romania for concession rights over a historic building in the city, which the company intends to renovate and operate as the “Casino Constanta”. QLI will pay gross annual royalties of EUR 140,000 to Constanta municipality over the 49-year concession period, and has an option to extend for 24 years.