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Cambodian gambling operator NagaCorp Limited announced financial results for the first quarter of 2018. NagaCorp reported a whopping spike of 181% in gross gaming revenue (GGR) for the first quarter of 2018.
The company’s earnings during the period were boosted by mass-market business, as mass table buy-ins were up 56% to €214.1 million and EGM bills-in rising 24% to €417.6 million.
NagaCorp said that its VIP business in particular had benefited from an uptick in volume at both properties, “being more pronounced in Naga2, where customers demand for more tables and higher table limits”. The company also pointed to the arrival of Macau’s leading junket operator, Suncity, in March as having made a notable difference.
“An increase in the number of South East Asian players, noticeably from Thailand, has also been observed in addition to the traditional large number of Malaysian and other customers from the regions”, – stated representative of NagaCorp.
