Cambodian casino operator NagaCorp says business posted a positive result attributable to the increase in business volume across all segments of the gaming business.
In a filing to the Hong Kong Stock Exchange on Monday, NagaCorp, which operates NagaWorld, Cambodia’s largest casino and the only one in the capital Phnom Penh released a financial highlights for 2015 to December 31st, showing gross gaming revenue up 26% to $480.6 million.
The more profitable mass market business saw table buy-ins rise 18% to $550.2 million and electronic gaming machines bills-in increased by 16% to $1.4 billion.
NagaCorp’s deal with Macau casino junket operators paid off with VIP rolling chip turnover rise 27.3% to $7.9 billion and a win rate of 2.8%.