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NagaCorp Faces Union Backlash over Wage Dispute

Hong Kong-listed NagaCorp is under fire from labor rights groups after dismissing a union leader amid an ongoing wage dispute.

Nagacorp Reports 20% Growth in Gross Gaming Revenue

Nagacorp, the operator of the NagaWorld resort in Phnom Penh, which has also expressed interest in bidding for the potential Sasebo IR, reported that gross gaming revenue (GGR) in the first nine months of the year was US$1.28 billion, up 20% year-on-year, with the mass market slightly outperforming the VIP sector.

AGB Launches First Mekong Gaming Summit

The first edition of the Mekong Gaming Summit, a two-day conference organized by Asia Gaming Brief and focused on gaming developments across the region, kicks off today in the bustling city of Phnom Penh, Cambodia.

Cambodia Moves to End Online Gambling

Cambodia will no longer issue licenses to online gambling businesses, and all existing licenses will not be renewed when they are expired, Prime Minister Hun Sen said in a directive on Sunday.

NagaWorld to Become Largest Riverine IR in Mekong

Hong Kong-listed NagaCorp on Sunday shared further details around its US$3.5 billion Naga 3 expansion plan.

Cambodia Casino Growth Could Threaten Genting Malaysia

Cambodia’s growing casino and tourism industry could pose a challenge to Genting’s Malaysia operations, according to a note from JP Morgan analysts.

Cambodia Upgrades Anti-Money Laundering Efforts

The Cambodian government has announced a new working group and action plan aimed at cracking down on money laundering in the nation.

Chinese Own As Much As 90% of Businesses in Sihanoukville

As many as 90% of businesses in Sihanoukville are owned by Chinese nationals, according to a report from Preah Sihanouk provincial authorities.

AGB Receives Government Endorsement for Mekong Gaming Summit

Asia Gaming Brief is delighted to announce that it has received official endorsement from H. E. Academician General Aun Pornmoniroth, deputy prime minister and minister of economy and finance of Cambodia, for its hotly anticipated Mekong Gaming & Hospitality Investment Summit.

Legislation to Spur Investment

Cambodia is seen as one of hottest casino markets in the region and the government in Phnom Penh is expected to introduce long-delayed legislation to regulate the industry.

Trending Articles

IR Market Projections May Be Too Rosy

While many industry analysts continue to assume that either Tokyo or Yokohama will pursue an IR bid, the political realities of Japanese local communities seem to indicate otherwise.

PRIME Philippines in Talks for Davao Casino

PRIME Philippines says it’s in talks with Davao City Investment Promotion Center for a hotel and casino in the area, local media reports.

Genting Bids for Andorra’s First Casino License

Genting, through its UK unit, is one of thirteen bidders for the first casino license in the principality of Andorra in the Pyrenees, Spanish media reports.

Iwanuma Struggles to Find Pro-IR Mayoral Candidate

Since the Iwanuma City Council passed a resolution last June to launch a feasibility study for an IR bid, little progress has been made. With mayoral elections approaching in about two weeks, there is no candidate yet to represent the pro-IR position.

Tourism Trends Offer Good News for Regional IRs

There may only be one or two IRs established in the smaller, regional areas of Japan in the 2020s, but current trends in the tourism industry offer them an encouraging outlook.