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Focus Gaming News Asia Pacific | NagaCorp

NagaCorp

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10/04/21

NagaWorld GGR down 37% for first nine months

NagaCorp has revealed its financial results for the first nine months, reporting that GGR from NagaWorld, Cambodia, dropped 37 per cent to $415,000.

09/17/21

NagaWorld reopens after six months of temporary closure

NagaWorld in Cambodia has reopened after being closed for nearly six months due to Covid-19 cases.

08/31/21

NagaCorp posts losses of US$77.2m for H1

NagaCorp has posted a loss of US$77.2m for the first half of the year, compared to a profit of US$20.6m in H1 2020.

08/31/21

NagaCorp resumes Primorye casino development with Russian contractors

NagaCorp has announced it has resumed its casino development in the Primorye Gambling Zone in Russia.

06/28/21

NagaCorp share award scheme delayed

NagaCorp has announced it will defer its award shares to no later than December due to the voluntary temporary suspension of business in NagaWorld owing to Covid-19 concerns.

06/23/21

Cambodian government to intercede in NagaCorp conflict with unions

A meeting between NagaCorp’s management and laid-off workers will be attended by the country’s Ministry of Labour and Vocational Training.

06/16/21

NagaCorp completes issue of US$200m in senior notes

NagaCorp has announced that its additional US$200m issue of 7.95 per cent senior notes has completed.

06/10/21

NagaCorp revenue to reach 40% of pre-pandemic levels in 2021

Moody’s Investor Service Inc has reported that a full recovery will not come until 2022 due to multiple closures in 2020 and 2021.

06/09/21

NagaCorp lists US$200m in senior notes

NagaCorp has announced it has listed US$200m 7.95 per cent senior notes which will not be convertible into shares.

06/08/21

NagaCorp confirms cut jobs due to economic crisis

NagaCorp has confirmed dismissals and pay cuts due to the impact of the Covid-19 pandemic and the closure of NagaWorld since March.

06/04/21

Cambodia: NagaCorp to cut 600 jobs

NagaCorp is to lay off almost 600 employees amid criticism from unions.

05/28/21

Nagacorp approves final dividend for shareholders

Nagacorp has approved a motion to pay out a final dividend for the year ending December 31 2020.

05/04/21

Cambodia: Job cuts expected at NagaCorp

NagaCorp has announced plans to cut more than 1,300 jobs in Cambodia as a result of the continued impact of the Covid-19 pandemic.

04/21/21

NagaCorp reports revenue of US$$878.7m for 2020

NagaCorp delivered stable financial results for 2020 despite the temporary closure of its casino operations in Cambodia due to the Covid-19 pandemic.

04/06/21

NagaWorld reports positive recovery in mass market for Q1

NagaWorld has reported that average daily mass table game buy-ins reached US$3.74m in the first quarter of the year.

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