Cambodia | World Casino News

Cambodia casino industry reports $2 billion U.S. annual revenue

October 1, 2015

Latest Casino and Gambling News, Cambodia, Casino News, World Casino News, Licenses, Asian Casino News

Central bank director general Chea Serey has announced that Cambodia’s casino industry generated an estimated $2 billion revenue in 2014 from non-residents, and was assessed as approximately 40% of the country...

Melco profits sketchy before opening of EurAsia properties

Kim M

September 9, 2015

Latest Casino and Gambling News, Cambodia, Casino News, World Casino News, Economy/Finance, Macau, Philippines, Russia

Monday past, in a post-trading filing with the Hong Kong Stock Exchange, Melco International Development Limited announced its year on results ending June 30 to be HK$111.1 million (US$14.3 million), a decline ...

Donaco and VIP promoter Heng Sheng Group have a deal

Kim M

August 23, 2015

Cambodia, Latest Casino and Gambling News, Casino News, Casino reviews from Macau, World Casino News, Casino openings, Casino project updates, Macau, Mergers, Acquisitions & Partnerships

Macau VIP gaming promoter, Heng Sheng Group, and Donaco International will bring its VIP players to the Star Vegas International Resort & Casino in Cambodia according to the agreement signed by both parties...

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...

New brand and logo for Donaco International

Sadonna Price

August 5, 2015

Latest Casino and Gambling News, Cambodia, World Casino News, Vietnam

Donaco International Ltd is a casino operator listed in Australia that has recently undergone a few major changes. The operator announced in a filing earlier this week that the company has a new corporate brand...

Cambodia’s Star Vegas posts heavy VIP profits for FY

Kim M

July 29, 2015

Cambodia, Latest Casino and Gambling News, Asian Casino News, Thailand

The Star Vegas International Resort and Club in Cambodia experienced a substantial increase in revenue during the fiscal year to June 30, seeing an approximate gain of $1.58 billion. Rolling chip turnover for V...

Cambodian gaming tax revenue Up 20% first 6 Months

Lars Jones

July 18, 2015

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

The Cambodian Daily is reporting that gaming tax revenue increased year on year a full 20% in the first half of 2015 to $12 million. A Finance Minister is cited as saying that the increase is due to an increase...

VIP gaming tables coming to NagaWorld via Jimei International Entertainment

Sadonna Price

July 2, 2015

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

The NagaWorld casino resort located in Cambodia will soon begin offering VIP gaming thanks to the Jimei International Entertainment Group. The Jimei group operates in Hong Kong and Macau and will be operating a...

Seventeen casinos scheduled to open before 2020 in Asia Pacific

Renee Kingsley

June 22, 2015

Cambodia, Latest Casino and Gambling News, Australia, Casino News, China, New Zealand, Japan, Asian Casino News, Macau, Oceania Casino News, Malaysia, Nepal, Philippines, Russia, Singapore, South Korea, Vietnam

The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time in expanding their presence throughout the Asia Pacific region. As many as seventeen casinos ...

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...

All Asia Dealers’ Championship grand final Thursday

Sam Mitchell

May 21, 2015

Latest Casino and Gambling News, Cambodia, Asian Casino News, Macau, Philippines, Singapore

May 21st 2015 marks the final for the G2E Asia event of All Asia Dealers’ Championship in Macau. 36 dealers progressed to the quarter finals. The competition is to put focus on Asia’s dealing talent. There a...

Cambodia authorities launch crackdown on illegal gambling establishments

Lars Jones

May 11, 2015

Cambodia, Unlicensed Operation

There's a new cop in town, and provincial chief Chhoun Narin is cracking down on illegal gambling. Cambodia has dozens of casinos, mostly operating in special zones at border crossings. However, some of the ...

NagaCorp charges Chinese co. $40 million negotiation fee

Lars Jones

May 10, 2015

Cambodia, Casino News, Latest Casino and Gambling News, Game manufacturers

CMC Phnom Penh Import Export Co Ltd (CMC) will reportedly tender a $40 million non-refundable negotiation fee to NagaCorp Ltd for the chance to enter into exclusive negotiations to run a slots operation at Naga...

NagaWorld having a good first quarter–VIP revenue doubles

Sam Mitchell

April 13, 2015

Casino News, Latest Casino and Gambling News, Cambodia

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...

Government states Cambodia will have new casino law by year end

Sam Mitchell

April 7, 2015

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

Cambodian lawmakers are very hopeful that a casino bill will be passed by the end of 2015. The bill is going to regulate the management of casinos according to local paper the Phnom Penh Post. The report indica...

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Cambodia casino industry reports $2 billion U.S. annual revenue

Melco profits sketchy before opening of EurAsia properties

Donaco and VIP promoter Heng Sheng Group have a deal

Cambodian casino operator NagaCorp reports net profit growth of 49%

New brand and logo for Donaco International

Cambodia’s Star Vegas posts heavy VIP profits for FY

Cambodian gaming tax revenue Up 20% first 6 Months

VIP gaming tables coming to NagaWorld via Jimei International Entertainment

Seventeen casinos scheduled to open before 2020 in Asia Pacific

NagaCorp inks $50m 10 year slots deal

All Asia Dealers’ Championship grand final Thursday

Cambodia authorities launch crackdown on illegal gambling establishments

NagaCorp charges Chinese co. $40 million negotiation fee

NagaWorld having a good first quarter–VIP revenue doubles

Government states Cambodia will have new casino law by year end

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