News

Cambodia revenue drives profit surge at casino supplier

Entertainment Gaming Asia, a Nasdaq-listed company that supplies electronic gaming machines, posted a an 88 percent year-on-year rise in its third-quarter profit, citing higher sales in Cambodia as a major driver of its growth, according its filing to the Nasdaq on Monday in New York.  ...

May Kunmakara
http://www.khmertimeskh.com/news/17676/cambodia-revenue-drives-profit-surge-at-casino-supplier/

EGA posts drop in Q3 gaming revenue

Entertainment Gaming Asia (EGA), a subsidiary of Macau-based gaming giant Melco, posted year-on-year losses at the end of the third quarter on the back of poor player numbers at the company’s NagaWorld operations. ...

Eddie Morton
http://phnompenhpost.com/business/ega-posts-drop-q3-gaming-revenue

Casino sold to relative of CPP lawmaker

Entertainment Gaming Asia (EGA) last week sold Dreamworld Casino in Pailin province for $500,000 to a relative of the CPP lawmaker—and wife of former provincial governor Y Chhean—who owns the land on which the company built the casino, according to a press release Thursday. The gaming ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-casino-sold-to-relative-of-cpp-lawmaker-62750/

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

Thai gamblers drop after coup

The number of Thai visitors crossing the border to place bets at Cambodian casinos has fallen since that country’s military staged a coup late last month. Kim Ledaro, managing director of Crown Resorts Co, which operates three Crown-branded casino resorts in Bantey Meanchey province’s Poipet town, ...

Chan Muyhong
http://www.phnompenhpost.com/business/thai-gamblers-drop-after-coup

Casino owner’s woes persist

The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...

Eddie Morton
http://www.phnompenhpost.com/business/casino-owner%E2%80%99s-woes-persist

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/

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

Gaming Asia opens new club

Entertainment Gaming Asia will open up it’s second Dreamworld Club in Cambodia in the Thai-Cambodia border town of Poipet, in  Banteay Meanchey province,  according to a media release from the US-listed company on Monday. ...

http://www.phnompenhpost.com/2013042565219/Business/gaming-asia-opens-new-club.html

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. ...

http://www.phnompenhpost.com/index.php/2012050756006/Business/game-time-pailin-casino-dreamworld-opens-may-9.html

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