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NagaCorp offers bright spot in Asia casino market, expansion to drive growth

On an overcast morning in Cambodia's capital, Phnom Penh, the country's flagship casino looks less familiar than it did a year ago as construction obscures the entire front entrance. NagaWorld, which began as a boat moored on the Mekong River 20 years ago, is undergoing a major revamp, which is expected to help accelerate growth at one of the brightest spots in Asia’s casino industry. 

Naga momentum to continue: MSR

NagaCorp’s winning streak is expected to continue, following positive 15Q3 results, as new initiatives bear fruit, according to Morgan Stanley research. NagaCorp reported 58 percent...

Naga delivers strong 15Q3 results despite regional headwinds

NagaCorp reported a 47 percent increase in gross gaming revenue at its NagaWorld Casino in Phnom Penh, Cambodia, for the first nine months of...

Cambodian gov’t approves 10 more casino licenses

The Cambodian government has granted 10 new casino licenses in the third quarter of this year, raising their number in Cambodia to 75, local...

Donaco launches Heng Sheng gaming facility

Donaco International Limited has confirmed that the Heng Sheng VIP club at the Star Vegas casino in Poipet, Cambodia, was successfully launched on September 20. Heng...

Halex buys stake in Cambodian lottery company VW Win

Halex International Sdn Bhd, a subsidiary of Halex Holdings Bhd, has entered into a memorandum of understanding (MoU) to buy at least 51 percent...

Donaco net revenue up 29 percent in FY15

Donaco International reported total net revenue of A$92.65 million ($66 million) for the 12 months ended June 20, up 29 percent on the same...

Donaco strikes agreement with VIP promoter Heng Sheng Group

Donaco International has signed an agreement with Heng Sheng Group, a Macau VIP gaming promoter, to bring its VIP players to the Star Vegas Resort...

Donaco signs sponsorship deal with Manchester United

Donaco International Limited, which operates casinos in Vietnam and Cambodia, has signed an exclusive sponsorship agreement with Manchester United Football Club. The three year deal...

Kings Knight bids for Lasseters, seeks Cambodia business opportunities

Kings Knight Capital, which is backed by a Taiwan businessman with experience in Macau’s VIP sector, has offered to buy Australia’s Lasseters Corp., with...

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