July 24, 2019
Mass growth leads the way for NagaWorld as revenue, profit soar in 1H19
NagaCorp has continued its strong momentum in the six months to 30 June 2019, with gross gaming revenue rising 22% to US$872.4 million and net profit by 36% to US$245.1 million at its Cambodian integrated resort NagaWorld.
Segment growth was attributed to a range of factors, including customer demand for higher limit tables and two new junket operators commencing fixed base operations at Naga2. It also pointed to Suncity Group's recent move to a larger space at Naga2 that accommodates more VIP tables and other supporting entertainment facilities.