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NagaCorp VIP rolling up 67 pct y-o-y

Gaming operator NagaCorp Ltd., owner of NagaWorld located in Phnom Penh Cambodia, has seen a 67 per cent year-on-year increase in its VIP business, based upon the VIP rolling results for the first nine months of the year, as published with the Hong Kong Stock Exchange. The group saw its VIP rulling chip hit US$11 […]

Gaming operator NagaCorp Ltd., owner of NagaWorld located in Phnom Penh Cambodia, has seen a 67 per cent year-on-year increase in its VIP business, based upon the VIP rolling results for the first nine months of the year, as published with the Hong Kong Stock Exchange.
The group saw its VIP rulling chip hit US$11 billion during the period in question, up from US$6.60 billion last year.
The group’s mass market segment also saw increases – with both table buy-ins and electronic gaming machine bills-in increasing by double digits – 24 per cent and 16 per cent, respectively. EGM bills-in amounted to US$1.32 billion while mass table buy-ins reached US$566.4 million.
The company notes in the filing that the values indicated ‘represent indications of business volumes […] and do not constitute profit numbers’.

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