NagaCorp is reportedly seeking additional assistance from Russian construction companies to build its casino resort in the Primorye gaming zone.
Naga Corporation ищет подрядчика для постройки казино в Приморье (News of Gambling)
Through government action and a cultural norm of wearing face masks when ill, Cambodia has seen few get sick during the COVID-19 pandemic. According to the World Health Organization, Cambodia has 275 COVID cases and zero COVID-related deaths as of the last week of September.
The concept of a casino and entertainment hub in Russia’s Far East will take a further step towards fruition this summer with the expected opening of the Shambhala Casino.
Cambodia’s gaming industry has taken a major knock from the Covid-19 crisis and last year’s ban on online gaming, but those on the ground are optimistic it will bounce back stronger than ever.
Cambodia’s largest casino operator is set to cut more than 1,300 jobs at its Phnom Penh casino and pay a fraction of the severance pay that staff are entitled to, according to a worker union leader.
Cambodian casino operator NagaCorp continues to be optimistic about the ASEAN travel bubble that is currently being considered by the country’s Ministry of Tourism.
Cambodia’s capital city could see a quieter than normal New Year festival if the number of covid cases continues to rise, according to government officials.
Nagacorp said its mass market business continued to improve in Q1, gaining sequentially from the second half of last year and returning to about 99 percent of its Q1, 2020 levels before the pandemic took hold.
NagaCorp’s ambitious plan to build a non-gaming resort not far from the world heritage site of Angkor Wat appears to have met a hard end, according to a report in the Phnom Penh Post.
Just over a year after Cambodia announced a blanket ban on the country’s thriving online gambling scene, the industry is quietly flourishing in Sihanoukville.
The Cambodian government is seeking to establish a travel bubble with China, Japan and South Korea, which would boost international tourism and further aid NagaCorp’s recovery, Union Gaming says.