Hong Kong-listed NagaCorp has reported gross gaming revenues at its Cambodian integrated resort NagaWorld of US$171.2 million in 1Q25, up 17.7% year-on-year due to strong growth in its mass and direct VIP segments.
In a voluntary filing that the company said was designed to provide shareholders and potential investors with a business update, NagaCorp revealed a 4.8% increase in mass gaming table buy-ins and EGM bill-ins to US$997.3 million, with segment GGR rising 17.9% year-on-year to US$109.0 million. The segment includes premium mass results.
In Premium VIP, the company’s direct VIP segment, rollings grew by 72.6% to US$2.01 billion with GGR up 20.6% to US$42.9 million.
Referral VIP rollings also grew by 41.3% to US$496.5 million with GGR rising 11.0% to US$19.2 million.
The update comes just weeks after NagaCorp released its FY24 financial results, which highlighted a 5.5% increase in gross gaming revenues to US$542.9 millions thanks in part to the launch of a new premium mass gaming area.
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