12/22/20 Donaco chairman expresses positive outlook The operator reported revenues of US$40.5m for the full financial year 2020, down from US$65.5m the previous year.
12/15/20 NagaWorld remains open despite Covid-19 spike The casino has sustained activity thanks to its strong domestic customer base, is chairman says.
11/27/20 Century reduces losses despite closure of casinos The company narrowed its losses in the six months ending September 30 despite the closure of venues in Cambodia.
11/22/20 Cambodia introduces new gaming law The legislation establishes taxes of 7 per cent tax on mass GGR and 4 per cent on VIP operations.
11/20/20 Moody’s tags NagaCorp project as “credit negative” The company recently announced a new US$350mnon-gaming resort to be built in Angkor Wat, Siem Reap.
11/17/20 NagaCorp granted 50-year land lease in Cambodia The company has been granted land in the south of the restricted zone of Angkor Wat in Siem Reap.
11/05/20 Donaco closer to agreement with Thai vendor The casino operator needs Mega International Commercial Bank’s consent to issue payments agreed in a legal settlement.
11/01/20 Donaco casinos continue to struggle Net revenues have fallen from over US$17m in the third quarter of 2019 to US$231,956 in the same period this year.
10/27/20 What the new gaming law means for Cambodia Can the country become a top international gambling destination and boost investment from the industry?
10/16/20 Cambodia: foreign visitor tally falls by 72% According to an official report, the number of foreign visitors has plunged, with an 83 per cent decline in arrivals from mainland China.
10/09/20 Over 60 casinos in Cambodia may not reopen There have been permanent and temporary suspensions of staff, as well as closures in Sihanoukville.
10/06/20 Cambodia passes new gaming law The bill approved by the National Assembly sets the minimum capital for investment in a casino and adds a tax on GGR.
10/02/20 Century to move Cambodian location again The company is leaving Sihanoukville for good after signing a 15-year lease on another location. The casino will open in January 2021.
09/29/20 Ten casinos now open in Cambodia Casinos had to obtain permission from the Ministry of Health to resume operations after lockdown.
09/25/20 Cambodia: casino resort to stage “limited reopening” After the shutdown due to the Covid-19 pandemic, the Star Vegas Resort is resuming activities with restrictions.
