NagaCorp GGR rises in H1

Gross gaming revenue was up 17.2 per cent in year-on-year terms.


Cambodia.- The casino operator and developer NagaCorp has shared its results for the first half of the year. It posted gross gaming revenue (GGR) of US$332.3m, up 17.2 per cent year-on-year. Overall revenue (with hotel-related income included) reached US$341.8m for H1 2025, up 15.5 per cent compared to the same period of 2024.

The mass-market segment accounted for nearly 70 per cent of GGR. Revenue grew 20.9 per cent to US$232.1m. Mass-market table revenue increased 24 per cent year-on-year to US$161.9m, while mass-market electronic gaming machine revenue jumped 14.4 per cent to US$70.2m. 

Premium VIP revenue rose to US$68.5m, a 13.5 per cent year-on-year increase on rolling volume of US$3.40bn, up 87.9 per cent from the January-June period in 2024. VIP revenue from the referral segment reached US$31.7m, up 1.9 per cent, on rolling volume of US$1.12bn, an increase of 36.3 per cent.


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Net profit for the six months to June 30 was up by 68.9 per cent year-on-year to US$148.8m, while earnings before interest, tax, depreciation and amortisation climbed 38.5 per cent to US$200.3m.

NagaWorld.
NagaCorp operates NagaWorld, the country’s largest hotel and gaming resort.

NagaCorp said the stronger results were thanks to a rebound in Cambodia’s tourism sector, with international arrivals rising 6 per cent in the first half to 3.4 million, and air connectivity nearing pre-pandemic levels.

On June 30, Timothy McNally stepped down as chairman of the NagaCorp board after more than 20 years following the company’s 2025 Annual General Meeting. Philip Lee Wai Tuck has been appointed to the role. In a LinkedIn post, NagaCorp highlighted McNally’s work: “His distinguished background, including nearly 25 years with the Federal Bureau of Investigation (FBI) has been an integral part of NagaCorp’s journey.” 

Gross gaming revenue was up 17.2 per cent in year-on-year terms. Cambodia.- The casino operator and developer NagaCorp has shared its results for the first half of the year. It…


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