March 14, 2019
Congratulations Nagaworld on Your Continued Success
NagaWorld Casino saw a net profit of over $390M last year!
This is a 53% increase in their net profit. According to NagaCorp's 2018 financial report, they also saw a 55% increase of gross gaming revenue to $1.4 billion. NagaCorp credits this tremendous growth in profit to an increase in VIP gamblers and Chinese tourists. The increase of visitors to the NagaWorld complex is a direct result of the first full year of operation for Naga2. Naga2, designed by Steelman Partners and affiliates, is the second phase of NagaWorld located in Phnom Penh, Cambodia.
NagaCorp credits this tremendous growth in profit to an increase in VIP gamblers and Chinese tourists. The increase of visitors to the NagaWorld complex is a direct result of the first full year of operation for Naga2. Naga2, designed by Steelman Partners and affiliates, is the second phase of NagaWorld located in Phnom Penh, Cambodia.
Specifically, the opening of Naga2 in November 2017 has significantly increased the appeal, capacity, quality, range and reach of our VIP, mass gaming and non-gaming offerings. ~ Timothy McNally - Chairman, NagaCorp Ltd. ~
