Cambodia’s casino king faces new poker hands, says KatrinaHamlin:
Hong Kong-listed NagaCorp, which runs casino resort NagaWorld in Cambodia, said on Feb. 13 that its net profit grew by 53 percent to $391 million in 2018, while revenue rose by 55 percent to $1.4 billion.
Cambodian authorities are reviewing new legislation for the country’s fast-growing gaming sector. The country has issued as many as 97 casino licenses, according to a presentation by the director general of the Ministry of Economy and Finance in 2018.
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