NagaCorp Ltd, a Cambodian casino operator, released first quarter earnings on April 1, 2015. NagaCorp revealed that their NagaWorld resort in Phnom Penh posted a gross revenue increase of 48% in a year to year review. January to March of 2014 and 2015 were compared to find the VIP revenue doubled from $32.6 million to $65.5 million. The total gross revenue for NagaWorld went from $76.9 million to $113.5 million for the same period of time.
The company filed the numbers with the Hong Kong Stock Exchange, but did not comment on specifics. The documents did show that the growth was mostly in the high roller section, which is inline with other numbers coming out of Asia in the midst of Beijing’s corruption crackdown on Macau.