Cambodia

It’s 9 a.m. and the Crown casino in the Cambodian border town of Bavet is booming. Hordes of Vietnamese gamblers cram themselves around card games drinking coffee and chewing on cigarette ends.

While some may have caught some sleep since the night’s session, for others, the 24-hour opening cycle has kept the chips and cards rolling all night.

On the surface this wild-west town 160km from Phnom Penh appears to be thriving and the numbers of Vietnamese strong. 

Gaming operators looking for an easy way to set up a casino and cash-in on the thousands of Vietnamese eager for a flutter, could see its luck change as Cambodia introduces new gaming legislation.



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NagaCorp doubled the footprint of its Cambodian casino with the opening of the Naga 2 complex earlier this month, but the Hong Kong-listed operator is not content to stop there, with its founder outlining a vision to become a global hospitality group.

NagaCorp doubled the footprint of its Cambodian casino with the opening of the Naga 2 complex earlier this month, but the Hong Kong-listed operator is not content to stop there, with its founder outlining a vision to become a global hospitality group. The company, which was recently valued at more than $5 billion by Colliers International Hong Kong, started on a barge in 1993 after a United Nations coalition government was formed to restore peace and rebuild the war-torn nation. After opening Naga 2, the company's founder and CEO outlines his vision for growth. 



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The number of Chinese tourists visiting Cambodia rose 45.7 percent year-on-year to 841,340 in the first nine months of the year.

The biggest ever clean-up of Kep’s Angkol Beach took place last month, masterminded by the management of nearby Ha Tien Vegas Entertainment Resort.

Cambodia’s casino industry has seen another year of growth, helped by VIPs from China and growing tourism, though operators are still waiting for the publication of new legislation governing the industry.

NagaCorp hosted a media tour on 2 November in Phnom Penh to showcase the upscale new addition to NagaWorld.

Naga 2, the hotel and gaming extension to the NagaWorld casino and resort, held its soft opening yesterday.

Casino software supplier Asia Live Tech has announced it has launched a new service for Bitcoin online casinos.

Donaco International has announced the signing of a new agreement with RGB Ltd to enhance its slot machine portfolio at Star Vegas casino in Cambodia.

The rising cost of acquiring new online players is forcing operators in Asia to ramp up their customer relationship management (CRM) capabilities in a bid to build deeper bonds and gain more value from existing customers.

 

The rising cost of acquiring new online players is forcing operators in Asia to ramp up their customer relationship management (CRM) capabilities in a bid to build deeper bonds and gain more value from existing customers. In the past, limited competition and high volumes have provided little incentive for Asia facing operators to build a long-term clientele, but that is changing fast. 

 



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