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
Melco’s unit disposes of Cambodia assets
Nasdaq-listed Entertainment Gaming Asia Inc, a company linked to Macau casino operator Melco Crown Entertainment Ltd, is selling its assets in Cambodia. The sale includes all assets of Dreamworld Leisure with the exception of all electronic Gaming machines, and prohibits any use of the Dreamworld ...
GGRAsia News Staff
http://www.ggrasia.com/melcos-unit-disposes-of-cambodia-assets/
Gamble on casino in Pailin looks like a loser
Crippling revenue and poor gamer numbers have prompted Entertainment Gaming Asia (EGA) to consider walking away from its Dreamworld Casino in Pailin province, according to a filing on the NASDAQ exchange on January 21. EGA, owned by Melco International Development, runs Dreamworld Casinos in Pailin and ...
Eddie Morton
http://www.phnompenhpost.com/business/gamble-casino-pailin-looks-loser
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/
Gaming Company Posts Record Quarter of $5.2M
Entertainment Gaming Asia Inc. (EGA), which owns a number of casinos in Cambodia, as well as provides Gaming machines to other local gambling venues, announced on Tuesday that quarterly revenues from April through June reached a record $5.2 million, up 14 percent compared to the ...
Don’t bet on elections
The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...
Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections
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
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
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
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
Cambodian Women’s basketball team makes winning move on first day at 4th Asian Para Games
The Cambodian women’s basketball team defeated the Lao team with a score of 65-35 in the opening round of the 4th Asian Para Games at the Hangzhou Olympic Sports Centre Gymnasium, Hangzhou, People’s Republic of China, on Oct. 19. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379448/cambodian-womens-basketball-team-makes-winning-move-on-first-day-at-4th-asian-para-games/
Belt and Road projects yield fruits, forge ahead amid pandemic in Asia-Pacific, especially Cambodia
The China-funded 60,000-seat Morodok Techo National Stadium, built in Cambodian capital Phnom Penh, was handed over to Cambodia in September. The country is now ready to host the Southeast Asian Games in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/50993676/belt-and-road-projects-yield-fruits-forge-ahead-amid-pandemic-in-asia-pacific-especially-cambodia/
105 Chinese arrested at senator’s Poipet casino
More than 100 Chinese nationals believed to be wanted for crimes in their home country were arrested on Wednesday at a CPP senator’s casino in Poipet City, which had to be shut down during the operation, police said. ...
Saing Soenthrith
https://www.cambodiadaily.com/news/105-chinese-arrested-at-senators-poipet-casino-109327/
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/
Cambodia approves legislation to attract MSAR investors
The government of the Southeast Asian kingdom wants to increase the number of Chinese tourists, with Macau investors perceived as a major catch. ...
João Santos Filipe
http://macaubusinessdaily.com/Gaming/Cambodia-approves-legislation-to%C2%A0attract-MSAR-investors
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
Nagacorp casino profits swell to $173M
Cambodian casino operator NagaCorp Ltd. posted a net profit of $172.6 million last year, a 27 per cent increase over the previous year, attributing the surge to increased business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh. ...
Cam McGrath
http://www.phnompenhpost.com/business/nagacorp-casino-profits-swell-173m