NagaCorp reports higher Cambodia gaming revenue despite VIP weakness

Wednesday, April 8, 2026 11:22 AM
Photo: StreetVJ/Shutterstock.com
  • Ben Blaschke, Inside Asian Gaming

Hong Kong-listed NagaCorp, operator of Cambodia’s only integrated resort NagaWorld in Phnom Penh, saw its gross gaming revenue rise by 2.1% year-on-year to US$174.7 million in 1Q26, fueled entirely by growth across its mass market segments.

Providing a top-level view of its performance via a filing, the company revealed a 23.9% increase in mass gaming table revenues to US$91.3 million on a 15.7% surge in mass buy-ins to US$379.6 million. Electronic gaming GGR also grew by 8.4% to US$38.3 billion on a 21.3% rise in bills-in to US$811.4 million.

However, direct VIP GGR fell by 16.2% to US$35.9 million on a sizeable 42.2% decline in rollings to US$1.16 billion, and referral VIP GGR dropped 52.4% to US$9.17 million on a 54.5% fall in rollings to US$225.9 million.