NagaCity Walk gives capital a taste of duty-free shopping
The NagaCity Walk, a $94 million subterranean shopping centre in Phnom Penh aimed at high-rolling tourists visiting the adjacent NagaWorld casino and hotel complex, held its soft opening yesterday, with duty-free luxury goods ranging from affordable tobacco, perfumes and designer watches to a $3,400 bottle ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacity-walk-gives-capital-taste-duty-free-shopping
Cambodian casino operator NagaCorp reports net profit growth of 49%
As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem. The latest casino operator to reveal an impressive growth of net profit is NagaCorp Ltd. The Group reported an increase in profit of 49% ($101 ...
Alex Lanter
http://news.worldcasinodirectory.com/cambodian-nagacorp-casino-operator-reports-net-profit-growth-of-49-11757
Tourists from Thailand gambling on Cambodia’s Poipet lure
Just 3.5 hours away from Bangkok, Poipet is popular with tourists looking to exit and reenter Thailand’s border to gain more time in the kingdom, said Thaiger, a Thai based media outlet. ...
Khmer Times Staff
https://www.khmertimeskh.com/501226605/tourists-from-thailand-gambling-on-cambodias-poipet-lure/
Entertainment and Investment expo slated for early next year
The third edition of the Asia Entertainment and investment Expo, also known as AGE Cambodia 2020, will be held at Sokha Beach Resort in Sihanoukville on March 26 and 27, according to the official website for the event. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50661036/entertainment-and-investment-expo-slated-for-early-next-year/
Thousands of Chinese leave Kingdom after ban on online gambling
The General Department of Immigration yesterday reported that tens of thousands of Chinese nationals left the Kingdom before the end of last year since the ban on online and arcade gambling was announced by Prime Minister Hun Sen in August. ...
Ben Sokhean
https://www.khmertimeskh.com/50685775/thousands-of-chinese-leave-kingdom-after-ban-on-online-gambling
Naga 3 pushed back till Sept 2029
Hong Kong-listed casino operator and developer NagaCorp Ltd, known for its flagship NagaWorld integrated resort in Phnom Penh, on June 4 announced that it has moved the $3.5 billion Naga 3 project’s planned completion date from September 30, 2025 to exactly four years later, in ...
May Kunmakara
https://www.phnompenhpost.com/business/naga-3-pushed-back-till-sept-2029
Government approves Sihanoukville ‘Casino city’ plans
Malaysia-based company SV International was granted permission by the Council of MInisters earlier this month to begIn the Initial stage of grand plans to turn part of Sihanoukville Into a “casIno city,” an official confirmed. ...
Hannah Hawkins and Ben Sokhean
https://www.cambodiadaily.com/news/government-approves-sihanoukville-casino-city-plans-110478/
Cambodia earns $2 bn from its casino annually
Cambodia’s casino industry has generated a revenue of approximately $2 billion per annum, the country’s central bank chief said here on Wednesday. ...
Business Standard News Staff
http://www.business-standard.com/article/news-ians/cambodia-earns-2-bn-from-its-casinos-annually-115093000332_1.html
Chinese tourists overtake S Koreans at Angkor
China has overtaken South Korea to become the largest tourist source to at the Angkor world heritage site, state-run Agency Kampuchea Press (AKP) reported yesterday. ...
Agence Kampuchea Press team
http://www.khmertimeskh.com/news/14009/chinese-tourists-overtake-s-koreans-at-angkor/
NOCC draws up plan for 2023 SEA games
The National Olympic Committee of Cambodia (NOCC) has drawn up a master plan for the 2023 SEA Games, kick-starting official preparations to ensure that the country is ready to host the region’s most important sporting event, NOCC Secretary-General Vath Chamroeun said Monday. ...
Simon Henderson and Aun Chhengpor
https://www.cambodiadaily.com/news/nocc-draws-up-plan-for-2023-sea-games-90599/
Phase two of stadium for 2023 SEA Games commences
On Tuesday, two more buildings in the series of buildings in the Morodok Techo National Sports Complex commenced construction at a groundbreaking ceremony presided over by Prime Minister Hun Sen. ...
Moeun Nhean
http://www.phnompenhpost.com/post-property/phase-two-stadium-2023-sea-games-commences
Viet Nam reiterates support for Cambodia’s ASEAN Chairmanship and hosting of SEA Games 2023
Viet Nam is ready to help Cambodia successfully organize the 40th and 41st ASEAN Summit and related meetings in November as well as the 32nd SEA Games in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501147234/viet-nam-reiterates-support-for-cambodias-asean-chairmanship-and-hosting-of-sea-games-2023/
Big investments can succeed in Cambodia - Nagaworld
NagaWorld has just celebrated its 21st anniversary since its inception on May 1, 1995, and sited near the beautiful Mekong River in the capital city of Phnom Penh, NagaWorld is the biggest integrated entertainment resort in the Mekong region. ...
Khmer Time Team
http://www.khmertimeskh.com/news/25642/big--investments-can-succeed--in-cambodia---nagaworld/
NagaWorld’s profits soar in 2017
Phnom Penh’s NagaWorld casino posted a massive increase in profits and revenue driven by strong growth in high-value guests last year, with the amount of money gambled by VIPs at the capital’s only casino exceeding Cambodia’s gross domestic product for 2016. ...
Brendan O’Byrne
http://www.phnompenhpost.com/business/nagaworlds-profits-soar-2017
Junket investor’s profit falls but sticking to its Cambodia bets
Jimei International EntertaInment Group, a Hong Kong-listed casIno junket Investor that promotes at least seven gamIng tables In NagaWorld casIno In Phnom Penh, reported a steep declIne In profit durIng the first half of 2016 despite Increased turnover. ...
Cam McGrath
http://www.phnompenhpost.com/business/junket-investors-profit-falls-sticking-its-cambodia-bets
Donaco dumps its new junket operator
Donaco International Ltd has termInated its junket deal with Macau VIP gamIng promoter Heng Sheng Group, sayIng the arrangement proved too restrictive for the marketIng of its flagship Star Vegas Resort and Club In Poipet. ...
Cam McGrath
http://www.phnompenhpost.com/business/donaco-dumps-its-new-junket-operator
$30B casino, theme park project mooted
MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...
Kali Kotoski
http://www.phnompenhpost.com/business/30b-casino-theme-park-project-mooted
Immigration Dept says 400,000 Chinese have left because of online gambling ban
The General Department of Immigration yesterday reported hundreds of thousands of Chinese nationals left the country after Prime Minister Hun Sen in August issued a directive banning all online and arcade gambling operations. ...
Ben Sokhean
https://www.khmertimeskh.com/50675447/gdi-attributes-mass-departure-to-online-gambling-ban
Lottery hopes to soar on Wing network
Mohaleap Lotto, a subsidiary of Cambodia’s Royal Group, officially entered the Kingdom’s lottery gaming market this month, hoping to disrupt a business sector currently dominated by black market outlets, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/lottery-hopes-soar-wing-network
Poipet fire kills 26 and injures 57
The blaze that tore through a Poipet casino has killed 26 people and injured 57, with most of the victims Thai, Banteay Meanchey Provincial Governor Oum Reatrey said. ...
Chhorn Raksmey
https://kiripost.com/stories/poipet-fire-kills-26-and-injures-57