NagaCorp<\/a>\u00a0posted gross gaming revenue (GGR) of US$145m for the first quarter of the year, up 23.7 per cent when compared to Q1 2023.\u00a0Earnings before interest, tax, depreciation and amortisation (EBITDA) was US$80.3m, up\u00a033 per cent year-on-year.\u00a0GGR for Mass Market table games increased by 34 per cent. The key growth driver was premium mass high-limit table games, up 51 per cent in year-on-year terms.<\/p>\n","protected":false},"excerpt":{"rendered":"The company said it is confident that 2024 notes will be discharged in full upon maturity.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"NagaCorp has drawn down US$70m from an US$80m loan facility to refinance a portion of its outstanding 2024 notes, expressing confidence in their full discharge upon maturity. Concurrently, the integrated resort operator reported robust Q1 2024 financial performance, with GGR increasing 23.7% to US$145m and EBITDA rising 33% year-on-year, driven significantly by premium mass high-limit table games.","focusai_entities":"NagaCorp","focusai_location":"Cambodia","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Debt Refinancing Strategy","query":"What is NagaCorp's long-term capital structure strategy beyond the 2024 notes, particularly concerning future debt maturities and potential equity financing?"},{"label":"Q1 Performance Drivers","query":"Can NagaCorp provide further granularity on the specific marketing initiatives or operational enhancements that drove the significant growth in premium mass high-limit table games GGR?"}],"footnotes":""},"categories":[163,16333],"tags":[2336],"class_list":["post-777016074","post","type-post","status-publish","format-standard","hentry","category-finance-news","category-south-east-asia-news","tag-nagacorp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777016074"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016074\/revisions"}],"predecessor-version":[{"id":777016081,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016074\/revisions\/777016081"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}