{"id":777024981,"date":"2025-04-08T01:45:26","date_gmt":"2025-04-08T04:45:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777024981"},"modified":"2026-04-22T00:05:17","modified_gmt":"2026-04-22T03:05:17","slug":"cambodia-casinos-nagacorp-ggr-rises-in-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/cambodia-casinos-nagacorp-ggr-rises-in-q1","title":{"rendered":"NagaCorp GGR rises in Q1"},"content":{"rendered":"\n

Gross gaming revenue was up 17.7 per cent in year-on-year terms.<\/p>\n\n\n\n\n\n\n\n

Cambodia.- The casino operator and developer\u00a0NagaCorp\u00a0<\/strong>has shared its results for the first quarter of the year. It posted\u00a0gross gaming revenue (GGR) of US$171m, up 17.7 per cent year-on-year<\/a>. Net gaming revenue was US$148.2m, an increase of 20.6 per cent.<\/p>\n\n\n\n

Table buy-ins and slots bills-in\u00a0for Mass Market Tables increased by 4.8 per cent to US$997m. GGR for this segment grew by 17.9 per cent from US$92.4m to US$109m.<\/p>\n\n\n\n

Premium VIP Market rollings\u00a0rose 72.6 per cent to US$2.01bn. Premium VIP GGR\u00a0<\/strong>stood at US$42.86m, up 20.6 per cent.\u00a0The\u00a0VIP referral segment\u00a0<\/strong>experienced an increase, with GGR rising by 11 per cent to US$19.28m.<\/p>\n\n\n\n

For full-year 2024<\/a>, NagaCorp posted GGR of US$542.9m, up 5.5 per cent\u00a0year-on-year<\/a>. Net gaming revenue was US$480.3m, an increase of 8 per cent in year-on-year terms. The casino operator posted\u00a0net profit of US$109.6m, down by 38.3 per cent in year-on-year terms mainly due to a non-cash impairment loss of US$89.1m related to the company\u2019s Vladivostok project. Unaudited preliminary earnings before interest, tax, depreciation and amortisation (EBITDA) were US$202.8m, down 31.3 per cent year-on-year.<\/p>\n\n\n

\n
\"NagaWorld.\"
NagaCorp operates NagaWorld, the country\u2019s largest hotel and gaming resort.<\/figcaption><\/figure>\n<\/div>\n\n
\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t<\/p>\n

\n\t\t\t\t\tSee also:<\/span> TRLEI posts gross gaming revenue of US$153m for Q4<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Gross gaming revenue was up 17.7 per cent in year-on-year terms.<\/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 reported a 17.7% year-on-year increase in Q1 GGR to US$171m, driven by strong performance across Mass Market and Premium VIP segments. Despite robust revenue growth, net profit declined by 38.3% to US$109.6m, primarily due to an US$89.1m non-cash impairment loss related to its Vladivostok project.","focusai_entities":"NagaCorp, NagaWorld, TRLEI","focusai_location":"Cambodia, Vladivostok","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":"Vladivostok Project Outlook","query":"What is NagaCorp's revised strategic outlook for its Vladivostok project following the significant impairment loss, and how will this impact future capital expenditure and regional expansion plans?"},{"label":"Segmental GGR Sustainability","query":"Given the robust growth in Premium VIP rollings and Mass Market GGR, what operational strategies is NagaCorp implementing to sustain this momentum and mitigate potential market saturation or competitive pressures in Cambodia?"}],"footnotes":""},"categories":[163,16333],"tags":[30,2336],"class_list":["post-777024981","post","type-post","status-publish","format-standard","hentry","category-finance-news","category-south-east-asia-news","tag-cambodia","tag-nagacorp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024981","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=777024981"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024981\/revisions"}],"predecessor-version":[{"id":777025042,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777024981\/revisions\/777025042"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777024981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777024981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777024981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}