Get out of the company Siemoukville Siemoukville

Get out of the company Siemoukville Siemoukville

outlookindia.com


Casino investor Naga Corp Ltd said it was interested in developing "IR" in Cambodia's Siem Reap and Sihanoukville regions to complement the casino complex Nagawworld (pictured) in Phnom Penh, the capital of Cambodia.


The term "IR" or integrated resort is commonly used in the gaming industry to describe a large complex resort with casinos and tourist and conference facilities. The term is sometimes used to describe resorts with the latter feature, rather than casinos.


Hong Kong's Nagakov, who has a long-standing casino monopoly in Phnom Penh, cited his ambition to expand the Cambodian market in an interim result released on Thursday.


The company explained, "The group's intention is to use non-gaming as a revenue source to recognize it as a more comprehensive and high-quality integrated resort developer."


"We expect non-gaming and gaming IR to coexist in a mutually beneficial way," he added


Nagakov also noted: "The Group's intention is to seek viable and profitable IR development in the Siem Reap and Sihanoukville regions. At that point, we believe the Group will gain a foothold as a strategic, large-scale, and comprehensive global IR developer to help promote tourism in the Kingdom of Cambodia."


Siem Reap is near Angkor Wat, a UNESCO World Heritage Site in Cambodia, and was a popular attraction for foreign tourists before the pandemic.


The coastal city of Sihanoukville has grown dramatically in recent years due to Chinese investment in real estate projects, some of which have been linked to gaming, according to media reports.


Currently, Naga Corp. is developing plans for a Russian Far East casino resort in the Primorye Integrated Entertainment Zone near the Pacific port of Vladivostok. According to the group's earnings report, the goal is to "start operations by 2022." The company is also expanding its existing NagaWorld complex again. According to the group's statement, Naga 3 has a price tag of $3.52 billion.


BY: 메이저 토토사이트


Report Page