Two Years In, Kampot Casino Downsizes
The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...
Thais hit Cambodia casinos to sidestep junta betting blitz
Desperate for a flutter during a junta crackdown on gambling at home, Thais are making a beeline for casinos in a seedy Cambodian border town — which has already been deluged by migrants also fleeing the kingdom. For over a decade Poipet, a scruffy, vice-ridden frontier ...
Business World Online News Staff
http://www.bworldonline.com/content.php?section=World&title=Thais-hit-Cambodia-casinos-to-sidestep-junta-betting-blitz&id=89616
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
Poipet Casino Dragging Feet on Promise
A casino in Poipet that pays wages only in Thai baht is yet to fulfil its promise to improve conditions for its 500 workers, a union representative said yesterday. Workers are still working 12-hour days – often without a break – at the Tropicana casino, one ...
NagaCorp raises $156 million from top-up placement
NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...
http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx
Pailin casino Dreamworld opens May 9
Entertainment Gaming Asia, an American Stock Exchange-listed company with a regional presence in both Cambodia and the Philippines, will launch its Dreamworld Casino in Pailin province on Wednesday, according to a company statement. ...
Police searching for Russian accused of sparking Casino brawl
Police in Preah Sihanouk province are seeking the arrest of Oleg Tikhanov—a Russian businessman on Interpol’s list of most-wanted criminals—for ordering an attack that led to a violent brawl at Sihanoukville’s Queenco Hotel & Casino in February. ...
Ben Sokhean
https://www.cambodiadaily.com/news/police-searching-for-russian-accused-of-sparking-casino-brawl-81227/
Roxy Casino made ‘modest profit’ since soft opening
Roxy Casino in Cambodia has made a “modest profit” since its soft opening on May 26, parent company Cell Aquaculture Ltd said in a filing to the Australian Securities Exchange. It did not provide figures. The profit was attributed to its sports betting activities during FIFA World Cup 2014 ...
GGRAsia News Staff
http://www.ggrasia.com/roxy-casino-made-modest-profit-since-soft-opening/
Turkish target arrested after S’ville shooting
Police in Sihanoukville arrested a Turkish businessman Friday afternoon, less than 24 hours after gunmen fired up to 10 shots at his car from a passing vehicle, leaving a Cambodian man wounded outside Kampongsom City Casino on Thursday night, officials said. ...
Kang Sothear and Sek Odom
https://www.cambodiadaily.com/news/turkish-target-arrested-after-sville-shooting-78846/
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
In Cambodia, Lost Retreats Once Again Found
Kep province – On a sunny weekday in Kep, a seaside village about halfway along Cambodia’s coast, the crab market was heaving. Women in straw hats and rubber boots stood knee deep in the surf shouting out prices, periodically darting into the sea to pull writhing ...
Gov’t renews 70 casino and game of chance firms
The General Secretariat of Commercial Gambling Management Commission of Cambodia (CGMC) of the Ministry of Economy and Finance (MEF) has renewed the validity of 70 licenses to casino and game of chance companies nationwide in the second quarter of this year, according to a release ...
Kang Sothear
https://www.khmertimeskh.com/501135965/govt-renews-70-casino-and-game-of-chance-firms/
NagaCorp to Construct New Election Committee Building
Phnom Penh’s only licensed casino, NagaWorld, has agreed to build a brand-new 15-story tower for the National Election Committee (NEC) as part of its plans to invest $369 million in expanding its current operations over the next three years, an official at the casino said ...
Gaming firm to expand Poipet operations
American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...
Officials to Grace NagaWorld’s Opening of First Vietnam Office
NagaWorld casino is set to inaugurate its first office in Vietnam on Saturday with high-ranking Cambodian officials set to attend. The casino’s owner, NagaCorp, has announced plans to draw more customers from Vietnam, though Hem Sopheak, a senior media executive for the casino, said all details ...
Strikers know when to fold 'em
More than 300 workers from the Tropicana Casino and resort in Banteay Meanchey provinces’s Poipet town obeyed a court order to end striking and return to work yesterday and official said. Hong Prakorb, a provincial official for the Labour Ministry said more than 200 workers ...
Cell Aquaculture updates on soft opening of Cambodia casino
Cell Aquaculture (ASX:CAQ) has advised the soft opening of the Roxy Casino in Cambodia for which it has executed the Heads of Agreement to acquire. It had in March agreed to acquire Roxy Casino and the Haikou Free Trade Zone project from vendors Noble Rate Limited, Tang ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/55215/cell-aquaculture-updates-on-soft-opening-of-cambodia-casino-55215.html
More workers rally at ongoing Naga strike
bout 100 chefs and kitchen staff walked off the job at the capital’s NagaWorld casino yesterday as a workers’ strike at the luxury entertainment venue entered its fifth day. More than 1,000 protesters — the majority of the casino’s workers — rallied outside the front entrance ...
http://www.phnompenhpost.com/2013022761629/National/more-workers-rally-at-ongoing-naga-strike.html
Union representatives summoned
Union leaders representing workers on strike at the Tropicana Casino and Resort were served with a summons by the Banteay Meanchey provincial court yesterday after a complaint by the Casino’s management. The court summons came around the time Sum Sam Ith, the Tropicana representative, sent ...
Dreamworld operator sees revenue drop
Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...
Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/