09, Nov, 2017

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.

09, Nov, 2017

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.

08, Nov, 2017

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.

08, Nov, 2017

The long-awaited gaming bill was submitted to the country’s cabinet in September. It is expected to set out a new tax regime, as well as formalizing a system for licensing; regulation of junkets; accounting and reporting procedures; greater disclosures and anti money laundering rules.

Ros Phearun, deputy director-general of the Finance Ministry’s financial industry department, told local media that the bill will help the government to manage the fast growing sector, but also to attract more large-scale foreign investment.

07, Nov, 2017

At the time, there were predictions that with a solid legal framework in place, Vietnam would be among the top five Asian gambling destinations within five years. There has undoubtedly been interest from foreign investors, but by no means a flood as operators waited for the detailed regulations fleshing out the initial decree.

Professor Augustine Ha Ton Vinh says the circular containing the details has now been approved and will go into effect on Dec. 1.

03, Nov, 2017

Vietnamese locals will finally be able to gamble at selected casinos in the country starting from next month, according to local media reports.

02, Nov, 2017

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

02, Nov, 2017

Suncity Group Holdings on Wednesday confirmed its plans to acquire a 34 percent stake in a US$4 billion integrated resort project located in Hoi An, Vietnam.

30, Oct, 2017

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

29, Oct, 2017

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

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