NagaWorld in Phnom Penh
Nagaworld gaming floor in Phnom Penh

NagaCorp Ltd. (Chinese: 金界控股有限公司) (SEHK: 3918) is a Hong Kong-listed hotel, gaming and leisure company. Its Cambodian property, NagaWorld, is the country's largest hotel and gaming resort,[1] and is Phnom Penh's only integrated hotel-casino entertainment complex. NagaCorp holds a 70-year casino licence in Cambodia which runs until 2065,[2] and has a monopoly within a 200-kilometre (120 mi) radius of Phnom Penh (except the Cambodia-Vietnam border area, Bokor, Kirirom Mountains, and Sihanoukville) until 2045.[3][4]

The Naga casino first opened on May 1, 1995 on a boat moored in the Mekong River in Phnom Penh.[5][6] The casino moved to its current land-based facility in 2003.[6][7] NagaCorp held its initial public offering on the Hong Kong Stock Exchange in 2006, making it the first gaming-related company to trade on the exchange, and the first company with operations in Cambodia to become publicly traded.[8][9] Junket operator SunCity Group have a VIP Club located on Level 23 of Naga2 hotel tower in Phnom Penh.[10]

The company is also developing a casino resort in Vladivostok, Russia.[11]

See also

References

  1. "NagaCorp Makes Casino 'Holiday In Cambodia' No Joke". Forbes. Retrieved 2016-03-29.
  2. "GGRAsia – NagaCorp reassures investors over Cambodia licence". www.ggrasia.com. Retrieved 2016-03-29.
  3. "NagaCorp signs 10-year extension to Phnom Penh casino exclusivity agreement through 2045". Inside Asian Gaming. Retrieved 20 November 2019.
  4. "NagaCorp gets casino exclusivity extended to 2045". GGRAsia. Retrieved 21 November 2019.
  5. Tricia Fitzgerald (May 1, 1995). "Cambodia opens floating casino". UPI. Retrieved 2018-05-26.
  6. 1 2 Charles Rollet (May 15, 2015). "NagaWorld celebrates 20 eventful years at the table". Phnom Penh Post. Retrieved 2018-05-26.
  7. Kate Woodsome (September 26, 2003). "Naga Casino moves to riverfront complex". The Cambodia Daily. Retrieved 2018-05-26.
  8. "NagaCorp raises HK$715m from IPO". South China Morning Post. October 13, 2006. Retrieved 2018-05-26.
  9. "NagaCorp Ltd". NagaWorld. Retrieved 2018-05-26.
  10. "SunCity celebrates 1st anniversary of VIP premise at Naga2". Khmer Times. Retrieved 28 June 2019.
  11. "NagaCorp open to new development opportunities: chairman". GGRAsia. Retrieved 15 July 2019.
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