• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 10 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Naga3 plans in “advanced stages”: NagaCorp

Newsdesk by Newsdesk
Tue 2 Oct 2018 at 05:51
NagaWorld

NagaWorld

Print Friendly, PDF & Email

NagaCorp has revealed that it is in “the advanced stages of planning” for the development of Naga3 at its Cambodian integrated resort NagaWorld.

The news, coming less than a year after the company opened Naga2, formed part of an unaudited update of its operational highlights for the first nine months of 2018, including a 115% uptick in gross gaming revenue in 3Q18 to US$357 million – led by a 153% increase in VIP turnover to US$8.2 billion.

For the nine months to 30 September, NagaWorld saw its revenue grow 94% to US$1.07 billion, with VIP volume up 128% to US$25.03 billion and mass table buy-in rising 57% to US$887.6 million. EGM bills-in grew 22% to US$1.60 billion.

Discussing the results, NagaCorp said that the stable political environment in Cambodia following the recent national elections and the positive response from clients to the opening of Naga2 had given it the confidence to accelerate its Naga3 plans.

“In view of the success and fast ramp-up of Naga2 and often times facing capacity constraints for both gaming and non-gaming areas, increasing inbound tourism especially from China and the stable political environment, the group is in advanced stages of planning for the development of Naga3,” the company said.

“Based on feedback from stakeholders (players, visitors, operators, investors), the group is confident that additional capacity is necessary to further fuel business growth (both gaming and non-gaming) to position the group as one of the most successful integrated resorts in Asia.”

RelatedPosts

Sons of NagaCorp founder Chen Lip Keong join Forbes list of Malaysia’s richest

Surging mass market sees NagaCorp gaming revenues, profit enjoy double-digit growth in 1H25

Tue 26 Aug 2025 at 05:30
Donaco looks inward as Lee Bug Huy named new CEO

Donaco’s Star Vegas impacted by Thai border closures in June quarter as revenue, profit falls

Wed 30 Jul 2025 at 10:32
Cambodia’s Hun Sen expected to hand over to son Hun Manet after maintaining power in controversial election

Exiled Cambodian opposition leader alleges Hun Sen’s Thailand fight sparked by fear of losing casino, scam-based revenue streams

Sun 29 Jun 2025 at 17:49
Foreign tourists among those banned by Thailand from travelling to Cambodia to gamble

Foreign tourists among those banned by Thailand from travelling to Cambodia to gamble

Tue 24 Jun 2025 at 06:02
Load More
Tags: Cambodiafinancial resultsNagaCorpNagaWorld
Share15Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

2025 IAG EXPO: Day 1 Highlights

2025 IAG EXPO: Day 1 Highlights

by Newsdesk
Tue 9 Sep 2025 at 18:19

Take a look around on this milestone day for IAG as we launch the first ever IAG Exhibition – part of the 2025 IAG EXPO at Manila’s Newport World Resorts. IAG EXPO also comprises welcome event Manila After Dark, the...

VIDEO: Aristocrat’s Lloyd Robson talks latest products for Asia

VIDEO: Aristocrat’s Lloyd Robson talks latest products for Asia

by Newsdesk
Tue 9 Sep 2025 at 17:57

Aristocrat Gaming’s Lloyd Robson sits down with IAG at the IAG LIVE booth at IAG EXPO to discuss his thoughts on the Philippines market. Lloyd also explains the products Aristocrat has on show at IAG EXPO and provides some insight...

PAGCOR awaiting commission approval to proceed with privatization of Casino Filipino properties

PAGCOR awaiting commission approval to proceed with privatization of Casino Filipino properties

by Ben Blaschke
Tue 9 Sep 2025 at 17:40

Philippine gaming regulator PAGCOR has submitted relevant documentation and is awaiting approval from the Governance Commission for Government-Owned and Controlled Corporations (GCG) to proceed with privatization of its Casino Filipino properties, according to PAGCOR Chairman and CEO Alejandro Tengco. The...

Locals Game

The Grand Ho Tram submits proposal for two-phase financing of freeway project connecting to Vietnam’s soon-to-open Long Thanh International Airport

by Newsdesk
Tue 9 Sep 2025 at 17:25

The owners of Vietnam’s The Grand Ho Tram are one of two separate groups to have proposed the construction of a major four-lane expressway connecting their integrated resort to the new Long Thanh International Airport currently being built in nearby...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English