Tagged nagacorp limited

Foundation work begins on coming Naga Vladivostok facility

April 23, 2018

Latest Casino and Gambling News, Casino project updates, Russia

In Russia, the state-owned Primorsky Krai Development Corporation has reportedly declared that Asian casino operator NagaCorp Limited has begun construction on the foundations for the first phase of its planned...

NagaCorp Limited financials lifted by VIP players

Adam Morgan

March 19, 2018

Latest Casino and Gambling News, Cambodia, Economy/Finance

Asian casino operator NagaCorp Limited has released its financial results for 2017 showing that it experienced an almost 80% increase year-on-year in total revenues to $956.3 million alongside an over 28% impro...

Suncity Group to open new junket service at NagaWorld

Adam Morgan

February 8, 2018

Latest Casino and Gambling News, Cambodia, Casino News, Mergers, Acquisitions & Partnerships

In Cambodia, prominent junket operator Suncity Group has reportedly announced that it intends to begin running a new VIP service for high-value clients inside the NagaWorld casino and entertainments complex fro...

NagaCorp Limited delegation surveys SunCentral potential

Adam Morgan

November 20, 2017

Latest Casino and Gambling News, Australia, Casino News

As part of an effort to get foreign firms interested in investing in the regeneration of its Maroochydore district, Australia’s Sunshine Coast Regional Council reportedly recently welcomed a high-level delegati...

Primorsky Krai auction attracting domestic and international interest

Adam Morgan

August 29, 2017

Latest Casino and Gambling News, Casino proposals, Casino project updates, Russia

In Russia, the state-owned Primorsky Krai Development Corporation has reportedly declared that it has received inquiries from both domestic and international casino firms regarding the three plots of Far East l...

NagaCorp Limited records improved half-year results

Adam Morgan

August 23, 2017

Latest Casino and Gambling News, Cambodia, Economy/Finance, Asian Casino News

Asian casino operator NagaCorp Limited has released its unaudited financial results for the first six months of 2017 reportedly showing that it experienced a 40% increase year-on-year in gross gaming revenues t...

Russia hoping to speed up development of Primorsky Krai casino zone

Adam Morgan

August 17, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Russia

In Russia, the government has reportedly reacted to criticism over the lack of investment in the Primorsky Krai gambling zone by announcing that it intends to pass federal legislation to streamline the process ...

Russian court upholds decision against Royal Time Group

Adam Morgan

June 7, 2017

Latest Casino and Gambling News, Casino project updates, Fines, Lawsuits & Litigation, Russia

In Russia, a Primorsky Krai court has reportedly upheld a decision from the local government to terminate a contract that had given Kazan-based developer, Royal Time Group, permission to construct a $215 millio...

NagaCorp Limited records improved first-quarter VIP rolling chip volumes

Adam Morgan

April 4, 2017

Latest Casino and Gambling News, Cambodia, Economy/Finance

Asian casino operator NagaCorp Limited has released its unaudited financial results for the first three months of 2017 showing that VIP rolling chip volumes had increased by 34% year-on-year to reach over $3.73...

Asian junket operator ends Cambodian partnerships

Adam Morgan

April 1, 2017

Latest Casino and Gambling News, Cambodia, Economy/Finance, Macau

Asian junket operator Jimei International Entertainment Group Limited has reportedly announced the end of a partnership with NagaCorp Limited that saw it promoting seven gaming tables inside the latter’s NagaWo...

New casino legislation for Cambodia expected next year

Adam Morgan

December 9, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia

Following over two years of deliberations, the government of Cambodia is reportedly expected to pass revised legislation for the regulation of casinos sometime in 2017 that could see a gaming commission establi...

Tigre De Cristal second phase could cost up to $500 million

Adam Morgan

November 24, 2016

Latest Casino and Gambling News, Casino project updates, Russia

After last month revealing that its Tigre De Cristal casino resort had generated gaming taxes of over $8 million during its first year of operation, operator G1 Entertainment has now reportedly declared that it...

NagaCorp Limited “on schedule” in Russia after overcoming construction delay

Adam Morgan

October 12, 2016

Latest Casino and Gambling News, Casino project updates, Russia

After earlier reporting that construction on its Seaside Entertainment Resorts City in Russia’s Primorsky Krai region had been delayed due to workers unexpectedly unearthing some archaeological finds, Cambodian...

Melco confirms Hard Rock Phasouri consortium will tender bid for Cyprus casino

Martin Chua

September 30, 2016

Latest Casino and Gambling News, Casino proposals, Cyprus, Licenses

Following the decision of NagaCorp Limited to pull out of the bidding process earlier this week, the race to build and operate the first casino resort for Cyprus is now down to just one candidate in a group led...

NagaCorp Limited reports improved first-half profit

Adam Morgan

August 9, 2016

Latest Casino and Gambling News, Cambodia, Economy/Finance

Cambodian casino operator NagaCorp Limited has released its interim financial results for the first six months of 2016 showing a 24% increase year-on-year in net profit to $125.18 million. The firm behind th...