July 25, 2018
NagaCorp books 85% revenue increase in 1H18
The performance of NagaCorp's Cambodian integrated resort NagaWorld continues to soar following a record six months to 30 June 2018 in which gross gaming revenue grew 85% year-on-year to US$713.9 million and net profit jumped 20% to US$180.1 million.
The strong results, aided by the launch of Naga2 in late 2017, saw increases across the board including 117% growth in VIP rolling chip to US$16.8 billion, which translated to a 75% jump in VIP revenue to US$552.8 million.