Saturday, May 18, 2024

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Cambodia puts a stop to NagaCorp’s Angkor Wat project

NagaCorp’s ambitious plan to build a non-gaming resort not far from the world heritage site of Angkor Wat appears to have met a hard end, according to a report in the Phnom Penh Post.

UNESCO concerned about NagaCorp’s Angkor Wat plans

NagaCorp’s US$350 million Angkor Lake of Wonder project has drawn eyes narrowed in suspicion from the United Nations’ cultural agency UNESCO.

NagaCorp gains development land near Angkor Wat

NagaCorp has announced that it has received a fifty-year lease, with an option to renew, on a prime piece of development land sited just about 500 meters south of the outer restricted zone of Angkor Wat in Siem Reap, Cambodia.

Cambodia bets big on tourism despite yet having visa-free policy with China: Insider

Tourism is a “major focus” of Cambodia under the new leadership of the country’s Prime Minister Hun Manet, as the Southeast Asian country has “set up many initiatives to attract Chinese, not just Chinese tourism, but in general, all tourism to Cambodia,” notes gaming expert Daniel Li in an interview with AGB.

Moody’s cautious on Naga’s expansion plans

Nagacorp, the operator of Cambodia’s NagaWorld, has undoubtedly been one of Asia’s integrated resort success stories, though credit ratings agency Moody’s is now sounding a note of caution about its expansion plans.

Moody’s cautious about NagaCorp expansion plans

Nagacorp, the operator of Cambodia’s NagaWorld, has undoubtedly been one of Asia’s integrated resort success stories, though credit ratings agency Moody’s is now sounding a note of caution about its expansion plans.

Your Daily Asia Gaming eBrief: Unexpected shakeup at SkyCity

The week launches with two operators big announcements: SkyCity surprised with the news that it has replaced some of its top executives for reasons that it will presumably explain later in the day.