News

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

Naga profits hit jackpot again

NagaCorp’s winning streak shows no signs of letting up, with the Hong Kong-listed casino operator posting another impressive half-year result, reporting profits up more than 20 percent year-on-year during the first six months of 2017 on a surge in VIP rollings and visits to its ...

Cam McGrath
http://www.phnompenhpost.com/business/naga-profits-hit-jackpot-again

Casino tax revenue rises

The government collected $48 million from the casino industry last year, a rise of about 40 per cent compared with 2015. Ros Phearun, a deputy director-general of the Finance Ministry’s financial industry department, said that along with an effort by the government to improve tax revenue, ...

May Kunmakara
http://www.khmertimeskh.com/news/36411/casino-tax-revenue-rises/

Modest growth for NagaWorld

NagaWorld, a subsidiary of Hong Kong-listed NagaCorp, recorded a modest four percent increase in gross gaming revenue (GGR) last year, bringing the figure up to $500.8 million.   ...

May Kunmakara
http://www.khmertimeskh.com/news/35315/modest-growth-for-nagaworld/

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

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