NagaCorp VIP program questioned

Citi Research, the strategy and analysis arm of Citigroup Inc, one of the world’s largest financial firms, has questioned NagaCorp’s VIP junket program in a recent report that also cites cross-border competition and tourism failings as potential threats to the program’s success. Citi Research’s analysis was published on NagaCorp’s website on April 8 in response to the casino firm’s unaudited first-quarter results, which show a 14 per cent increase in VIP gambling during the first three months of the year. …

Eddie Morton
http://www.phnompenhpost.com/business/nagacorp-vip-program-questioned