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Cambodia – NagaWorld back up to 95 per cent of pre-pandemic mass revenue
Since the re-opening of the casino businesses on July 8 2020, NagaCorp recorded an initial recovery rate, compared to the pre-closure period of 1Q2020, of about 95 per cent for the Mass Market Segment...
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Cambodia – NagaWorld’s mass gaming revenues back to 99 per cent of...
NagaCorp has said it has seen a full recovery of its mass gaming at its NagaWorld casino in the Cambodian capital of Phnom Penh with a return to 99 per cent of the revenues achieved before the...
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Cambodia – NagaCorp confirms job losses to maintain ‘operational and...
Despite NagaCorp seeing a full recovery of its mass gaming at its NagaWorld casino prior to the latest three month closure, the operator says it has been forced to make job cuts. NagaWorld has been...
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Cambodia – Moody’s views NagaWorld as negative with revenues 40 per cent down
Despite a US$200m bonds offering, Cambodian integrated resort, NagaWorld, has been rated with a negative outlook with the ongoing closure of the facility seeing revenue only hitting 40 per cent of...
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Cambodia – NagaCorp. generates EBITDA of US$17.7m despite four month closure
Despite being closed for nearly four months, Cambodia casino group NagaCorp. still managed to generate Gross Gaming Revenue (GGR) of US$129.3m at its NagaWorld casino in the capital of Phnom Penh with...
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Russia – NagaCorp suspends development of its Vladivostok casino project
Cambodia-based casino group NagaCorp has announced the ‘indefinite suspension’ of its huge casino project in the Entertainment Zone of the Primorye Region near the port of Vladivostok in Russia’s Far...
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Cambodia – Gaming revenue up by 9.2 per cent for NagaWorld during first half...
NagaWorld, which owns, manages and operates Phnom Penh’s only integrated hotel-casino entertainment complex with a 51-year monopoly within a 200 km radius, reported GGR of US$237.4m during the first...
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Cambodia – Mass and premium play drive 99 per cent increase in NagaWorld’s GGR
The Cambodian integrated resort NagaWorld, owned by NagaCorp, experienced a 99.5 per cent jump in GGR to US$445.9m in 2022, driven by a spectacular rebound in the mass market gaming sector. Net Profit...
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Cambodia – Naga World benefits from the return of Chinese players and the...
Cambodian operator Naga Corp reported a 6.8 per cent improvement in revenues in its first quarter due to the return of Chinese players and an upturn in the referral VIP market with players from...
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Cambodia – NagaWorld’s mass gaming operating at 82 per cent of pre-pandemic...
NagaCorp has reported that its mass gaming revenues at Naga World in Phnom Penh for the year so far have recovered to 82 per cent of pre-pandemic business volumes. For the nine months ended 30...
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