Nagacorp | World Casino News

NagaCorp reveals impressive GGR growth for 2015; Casino profits up by 27%

February 3, 2016

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

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 ...

Melco Crown competing for Cyprus casino licence?

K Morrison

January 27, 2016

Latest Casino and Gambling News, Casino proposals, Casino News, World Casino News, Gaming Industry News, Cyprus, European Casino News, Licenses

A slump in profits among Asian gambling operators could benefit the Mediterranean island of Cyprus’ attempts to establish its first casino resort as Macau gaming operator Melco Crown Entertainment Ltd. and othe...

Cambodia’s gaming tax revenues increase by 35 percent in 2015

Renee Kingsley

January 15, 2016

Gaming Law & Legislation, Cambodia, China, Economy/Finance, Licenses, Asian Casino News, Taxation

Cambodia’s government went out of its way to welcome gambling providers into the country during the past few years and its liberal gambling laws have been successful in attracting major investors into its casin...

NagaCorp Cambodian expansion delayed

Alex Lanter

January 12, 2016

Latest Casino and Gambling News, Cambodia, World Casino News, Casino expansion projects, Asian Casino News

The planned acquisition of the developing company of NagaCity Walk by the NagaCorp Ltd has been delayed to the end of 2017. The 18-month delay was revealed by the Cambodian gaming operator and a possible reason...

Eight companies compete for Cyprus casino license

Sadonna Price

December 19, 2015

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

With one casino license available in the southern half of Cyprus, there has been much interest from companies unknown. Eight companies have shown interest in a formal fashion for the licensing, proposing a bid ...

With days to go, the five most important suitors for Cyprus casino license

Lars Jones

December 15, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Cyprus, Licenses

In a scant few days the deadline will pass for companies to show their interest in a single casino license to be issued in the southern or Greek region of the divided country of Cyprus. The government of the...

NagaCorp and Grand Korea Leisure dropping out of Korean resort license bidding

D. Graham

November 13, 2015

Latest Casino and Gambling News, Casino proposals, World Casino News, Casino project updates, Licenses, South Korea

Both South Korea’s state-run casino operator Grand Korea Leisure (GKL) and Hong Kong-listed NagaCorp have announced that they have abandoned plans for building an integrated casino on Korea’s Yeongjong Island, ...

Cambodian casino operator NagaCorp reports net profit growth of 49%

Alex Lanter

August 13, 2015

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

As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem. The latest casino operator to reveal an impressive growth of net profit is NagaCorp...

Site-prep started on Selena World Resort & Casino, Primorsky Krai Russia

Lars Jones

July 6, 2015

Latest Casino and Gambling News, Russia, Russia

On Friday it was announced on the official website of the executive authorities and administrators of Primorsky Krai in Russia that another operator has started construction of an entertainment and casino reso...

NagaCorp inks $50m 10 year slots deal

Lars Jones

May 29, 2015

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

A group of four investors will get a 30% share in the take from 300 slot machines at NagaWorld in Phnom Penh, Cambodia over the next 10 years for a stake of $40 million. The "negotiation fee" was already promi...