Cambodian gaming operator NagaCorp revealed an impressive GGR growth for 2015 in a filing to the Hong Kong Stock Exchange on Monday. According to the information provided by the company, NagaCorp saw its gross gaming revenue jump 26% to $480.6 million, whereas the net casino profit reached $172.6 million; compared to the previous year, the profit noted an increase of 27%.

The strong improvement was present across all gaming segments at its popular Phnom Penh casino complex NagaWorld. Nevertheless, the biggest growth was seen in the mass market, whose GGR went up by 33.4% y-o-y. This segment attributed with $257.7 million thanks to the incredible win rate of 22% at the casino’s public tables.

The VIP segment didn’t disappoint either. In 2015 NagaCorp saw a jump of 18.5% in high roller gambling, which generated the company $222.9 million; the win rate on VIP tables was pretty modest 2.8%. Rolling chip turnover also increased to $7.9 billion, which is for 27% better than 2014.

A decent 30% jump was noted in the earnings before interest, taxation, depreciation and amortization (EBITDA) as well; the filing revealed that NagaCorp’s EBITDA for 2015 reached $228.5 million.

One of the reasons for the positive results, as pointed out by the company, was increased tourism in Cambodia. This led to more visits to NagaCorp’s gaming facility, whereas improved gaming options resulted in incremental growth during the last six months of the year.

NagaWorld implemented a new option for customers back in July, 2015, which made it possible for players to buy-in at all public tables. Previously, buying chips was possible only at the cashier. Additionally, two months later the establishment presented an automated ticketing system on most of their electronic gaming machines (EGMs); this resulted in improved payout options for visitors.

With the changes, the casino noted respective growths in EGM bills-in and public table buy-in of 16% and 18%. The measures boosted EGM revenue by 62% at $136.5 million.

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