Friday, March 29, 2024

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NagaCorp to suspend Vladivostok project “indefinitely”

Nagacorp said it wants to indefinitely suspend its plans to build an integrated resort in Russia's Primorye gambling zone, as it is "surrounded by various uncertainties."

NagaCorp pushes back Naga 3 completion by 4 years, to September’29

Cambodian gaming operator NagaCorp has announced that it is pushing back the completion date of its $3.5 billion Naga 3 project in Phnom Penh by four years, to September of 2029, as opposed to the previous completion date of September 2025.

Nagacorp’s Naga 3 floor area to be 93% non-gaming

Nagacorp, the operator of Nagaworld in Phnom Penh, said 93 percent of the floor space in the resort’s third phase of expansion will be devoted to non-gaming amenities.

NagaCorp posts 2021 loss, but sees business strength returning

Nagacorp posted a loss for 2021 due to the impact of Covid closures, but said it had seen a strong rebound in volumes following Nagaworld’s reopening in September.

NagaWorld ramps quietly, expansion projects still on the cards

NagaWorld, Nagacorp’s integrated resort in Phnom Penh reopened its doors after more than a six month shutdown on September 15 without its usual fanfare.

Your Daily Asia Gaming eBrief: NagaWorld ramps quietly, expansion projects still on the cards

NagaWorld, Nagacorp’s integrated resort in Phnom Penh finally reopened its doors after more than a six-month shutdown in mid-September 2021.
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NagaWorld ramps quietly, expansion projects still on the cards

NagaWorld reopened after a six-month shutdown. NagaCorp chairman Timothy McNally however stresses that the company has not stood idly by over the last year.

NagaWorld reopened as of Sep 15: Chairman

NagaWorld has reopened as of September 15 after more than six months of temporary closure due to Covid-19, according to NagaCorp chairman Timothy McNally.

NagaCorp resumes Primorye construction, selects Russian contractors

NagaCorp. has resumed construction of an 11-storey hotel and entertainment complex Naga Vladivostok in the territory of the Primorye gambling zone.

NagaCorp posts 1H loss, but upbeat on prospects

NagaCorp has swung to a loss in 1H21 as Covid closed the resort for all but two months of the period, but the operator remains upbeat about prospects.