• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Guangdong Group expands VIP service to Naga 2

Jan 09, 2019 Newsdesk Latest News, Rest of Asia, Top of the deck  


Guangdong Group expands VIP service to Naga 2

Macau-based junket operator Guangdong Group has confirmed to GGRAsia that it is currently expanding its VIP gaming service to Naga 2 (pictured), the newest operating casino of the NagaWorld Complex in Phnom Penh, Cambodia. The property is promoted by Hong Kong-listed NagaCorp Ltd.

In a written reply to GGRAsia, the junket firm noted that it will be in a trial stage starting in “early January” for its freshly launched service – run under a partnership with other investors – at Naga 2, which features 10 gaming tables.

Guangdong Group currently hosts 13 VIP gaming clubs in Macau, and it has seen “rapid expansion” for its gaming service overseas, the firm’s chief executive Flora Pu noted to us in a written remark.

“The group’s services have been expanded to Philippines, Jeju, Cambodia, U.S., U.K. and other destinations in the Asia-Pacific region and Europe. We will continue to actively explore further potential partnerships with casino operators and collaborators in a bid to enhance the proportion of earnings from overseas markets for the group,” Ms Pu stated.

NagaCorp operates the NagaWorld Complex and has the only licence to operate casinos in and around the capital Phnom Penh. It started operations with the NagaWorld property, now referred to as Naga 1, which opened in December 2006. That property is linked to Naga 2, an expansion that opened in November 2017.

Macau junket operator Suncity Group – said by investment analysts to be one of the major VIP gambling organisers in Macau – has opened VIP facilities at Naga 2 in the first quarter of 2018.

NagaCorp said in an October filing to the Hong Kong Stock Exchange that the group’s gaming business indicated gross gaming revenue (GGR) would likely exceed US$1.07 billion for the first nine months of 2018, helped by the opening of the Naga 2 extension. At the time, the Hong Kong-listed firm said that its mass-market buy-ins rose by 57 percent year-on-year to US$887.63 million for the first nine months of 2018; while in the VIP table games segment, rolling chip turnover rose by 128 percent to more than US$25.03 billion.


  • tweet
Related articles
  • NagaWorld to launch fresh premium mass gaming area in 2H
    NagaWorld to launch fresh premium mass...

    Jun 13, 2022  

  • Casino bosses from Malaysia see wealth fall on Forbes
    Casino bosses from Malaysia see wealth...

    Jun 10, 2022  

More news
  • Universal hopes Okada Manila biz listed before Sept 30
    Universal hopes Okada Manila biz listed...

    Jun 30, 2022  

  • 5-casino Thai market ok says National Assembly committee
    5-casino Thai market ok says National...

    Jun 30, 2022  


Latest News

Universal hopes Okada Manila biz listed before Sept 30

Universal hopes Okada Manila biz listed before Sept 30

Jun 30, 2022  

Universal Entertainment Corp said in a Wednesday statement it hoped to get the Okada Manila casino operation listed in the United States even before a new September 30 deadline agreed with 26 Capital...
Read More
5-casino Thai market ok says National Assembly committee

5-casino Thai market ok says National Assembly committee

Jun 30, 2022  

2nd tower at Sheraton to be used for Macau Covid fight

2nd tower at Sheraton to be used for Macau Covid fight

Jun 30, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"During our six years in office, we were able to record more than PHP300 billion [in revenue]"

Andrea Domingo

Chairman of the Philippines’ gaming regulator Pagcor



Most Popular

  • Macau casino Covid tests from Fri, ops pay for staff testsMacau casino Covid tests from Fri, ops pay for staff tests June 28, 2022
  • China quarantine easing good signal for Macau: analystsChina quarantine easing good signal for Macau: analysts June 29, 2022
  • LVS full recovery may take until 2024: Moody’sLVS full recovery may take until 2024: Moody’s June 29, 2022
  • SJM to make 2nd of pledged staff subsidy payments for 2022SJM to make 2nd of pledged staff subsidy payments for 2022 June 27, 2022
  • Only 2 Macau satellites closed as concessions extendedOnly 2 Macau satellites closed as concessions extended June 29, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us