Business
March 27, 2023
NagaCorp Returned to Profit in 2022 Helped by ASEAN Reopening
NagaCorp Ltd, a company incorporated in the Cayman Islands with limited liability and operator of NagaWorld integrated casino resort in Phnom Penh, Cambodia, published its full-year 2022 financial results, posting a net profit. Positive Financial Results For the twelve months ended December 31, 2022, NagaCorp generated revenue of $460.7 million, more than doubling its 2021 […]
Casino
December 1, 2022
US Urges Cambodia to Address NagaWorld Union Leader Arrest
The arrest of Chhim Sithar, a Cambodian trade union leader, who has opposed the powerful local gaming giant NagaWorld, insisting on better working conditions and job security, has caught the eye of the US State Department. In a statement, the Department condemned the arrest of Sithar and other members of the union who had been […]
Industry
November 29, 2022
LRSU Leader Re-Arrested as Strike at NagaWorld Continues
The labor union leader at the center of the ongoing strike at NagaWorld resort was re-arrested on Saturday, November 26, at Phnom Penh International Airport, raising further questions as to how the dispute between the casino and some of its workers is being approached by the courts. Violation of Travel Restrictions The head of the […]
Casino
March 15, 2022
Cambodia Court Released Eight Women LRSU Activists on Bail
Cambodian authorities released eight of the trade union members detained in January and February this year after the country was condemned for human rights violations by the UN. Ending Repression against LRSU Activists The conflict between the Labour Rights Supported Union of Khmer Employees (LRSU) of NagaWorld and NagaCorp around the unlawful layoff of 365 […]
Casino
March 10, 2022
NagaWorld Protests Finally Attract Senior Officials’ Attention
The ongoing NagaWorld casino workers protest in Cambodia has finally attracted the government’s attention, reported The Phnom Penh Post, stating the country’s Minister of Interior Sar Kheng decided to bring up the subject in a meeting with other government ministers. Government Officials to Discuss the Protests The Minister of Interior will host the meeting following […]
Industry
April 2, 2021
NagaWorld Firmly on Track to Recover to Pre-Pandemic Levels
Gaming in the Asian-Pacific region is on track to complete recovery from the material impact of the coronavirus outbreak last year, an unaudited 2021 first-quarter report released by NagaCorp revealed. Daily Volumes Indicate Return to Pre-Pandemic Levels The operator of the largest integrated resort (IR) in Cambodia, NagaWorld, announced the first 3 months of 2021 […]