Saturday, September 25, 2021

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.
Cambodia-Angkor Wat

Cambodia readies for border reopening with seven-day quarantine for tourists

Cambodia prime minister Hun Sen is expected to soon announce the reopening of the country’s borders to fully vaccinated international tourists.  It comes a week...

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.
Sihanoukville

Preah Sihanouk region emitting positive recovery signals

Sihanoukville is showing signs of recovery after a period challenged by an exodus of Chinese tourists and a ban on online gambling.
online gambling

China renews pressure on Cambodia to stamp out online gambling

China is again putting pressure on Cambodia to stamp out online gambling in the country, which has continued to thrive despite a 2019 ban.
Resorts World Sentosa (file)

Outlook for ASEAN gaming downgraded due to slow opening: MS

The outlook for Southeast Asian gaming stocks has been downgraded to "in-line" by analysts at Morgan Stanley, who cite the slow pace of reopening and potential drag from China's clampdown on overseas gambling.
Star Vegas Cambodia

Donaco posts FY21 loss as Covid shuts casinos

Australia-listed Donaco International posted an EBITDA loss for FY21 after Covid forced the intermittent closure of its properties in Vietnam and Cambodia.
Nagacorp

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.
Dara Sakor Concept

Century Ent. sees Cambodia casino opening in Oct.

Century Entertainment said it expects the Dara Sakor casino in Cambodia to open in October and that cash flow from the tables will cover operating costs.
Phnom Pehn-Cambodia

Phnom Penh extends suspension on casinos for 14 days

Authorities in Cambodia’s capital of Phnom Penh have extended the citywide curfew and other restrictions in the capital.

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