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.
09/20/20 Cambodian casino reopens with safety measures Ha Tien Vegas, located near the border with Vietnam, is now open under strict Covid-19 protocols.
09/16/20 US sanctions Chinese resort firm in Cambodia The US Treasury Department fears land seized by the company will be put to use for military purposes.
09/02/20 Cambodia confirms casino prohibition at Angkor Wat A government official has warned that casino developments will not be allowed in the area near the temple complex.
08/28/20 NagaCorp reports net profit of US$20m for H1 NagaCorp revealed its financial results for the first half of the year and showed profits despite pandemic lockdown.
