NagaCorp
NagaCorp Ltd is one of the world’s most profitable gaming companies and the largest gaming entertainment company in the Mekong Region. Its wholly-owned subsidiary NagaWorld owns, manages and operates Phnom Penh’s only integrated hotel-casino entertainment complex, which owns a casino license with a 70-year tenure (until 2065) and a 51-year monopoly within a 200 km radius of Phnom Penh (until 2045).
ThailandSoutheast Asian economies struggle as Chinese tourists stay away
CambodiaNagaCorp’s EBITDA unlikely to return to pre-Covid values
CambodiaCambodia operator NagaCorp net profit up 57 percent in 1H23, to $83 millionCambodiaMoody’s downgrades NagaCorp’s CFR, citing an absence of refinancing progress for its $472 million bond
Deep DiveNagaCorp pushes back Naga 3 completion by 4 years, to September’29
MalaysiaGenting and NagaCorp bosses amongst Top 10 richest billionaires in Malaysia
CambodiaSearch for Cambodia tourism products rose 233% this year: Trip.com
CambodiaNagaWorld implements Tangam’s SODA software in expanded partnership
ChinaChinese sports star’s gambling debt scandal calls attention of authorities
MacauAsian gaming giants with strong showing on Forbes 2023 billionaires list