NagaCorp, the owner and operator of the NagaWorld integrated resort in Phnom Penh, Cambodia, said Wednesday it generated gross gaming revenues of US$532.2 million for the nine months to 30 September 2025, up 29.6% year-on-year thanks to improvement across all gaming segments.
The result also suggests a particularly strong third quarter in which GGR reached around US$200 million versus US$332.3 million for the first six months combined, based on previously released figures for 1H25.
NagaCorp said in a filing that mass table GGR had risen by 29.9% year-on-year to US$258.4 million in the nine months through September, while mass electronic gaming grew by 16.4% to US$106.1 million and premium VIP by 35.8% to US$109.8 million. Referral or agent-based VIP booked growth of 45.3% to US$57.9 million.
The company said the release of its updated financials was voluntary and did not provide any color around them.
However, in its previously released 1H25 results, NagaCorp noted that its rising fortunes this year were largely on the back of mass gaming tables showing both higher volumes and an increased win rate.
“Our premium mass tables high-limit areas continue to attract high-value patrons, significantly enhancing table yield and contributing to a notable shift in customer mix,” NagaCorp said at the time.
Likewise, the 29.9% improvement in mass table GGR for the full nine-month period also came off a 14.1% improvement in buy-ins, indicating the property has boosted win rates so far in 2025.
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