Leading casino junket operator Suncity Group has inked a deal to steer VIP gambling whales to Cambodia’s newest gaming venue.
This week, SunCity announced that it was opening a VIP gambling facility at Naga 2, the second phase of NagaCorp’s flagship property NagaWorld in Cambodia’s capital Phnom Penh. SunCity’s new VIP facility will have its grand opening ceremony on March 1.
Earlier this week, NagaCorp reported that its VIP turnover shot up 142% in 2017, due in part to the launch in November of the Naga 2 facility, which added 300 gaming tables (not all of them VIP, mind you) to the property’s existing offering. NagaCorp also hailed its existing junket relationships for driving VIP traffic.
Union Gaming analyst Grant Govertsen commented this week that Macau junkets were near-unanimous in their positive view of the Naga 2 development and expressed interest in delivering VIPs to the facility. As such, Govertsen predicted Naga’s VIP program would generate “Macau-flagship-like VIP volumes on a go-forward basis.”