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Cambodian casino operator NagaCorp pins down growth plans

New Phnom Penh complex will more than double gaming capacity amid VIP bet surge

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Security stands guard in front of NagaWorld casino in central Phnom Penh.   © Reuters

HONG KONG -- Cambodian casino operator NagaCorp plans to open its new Phnom Penh gaming floor in October, capitalizing on a surge in high-roller betting.

The Naga2 complex will include more gambling machines and fewer hotel rooms than previously indicated. Company officials said Tuesday in Hong Kong, where NagaCorp is listed, that the complex will feature at least 100 VIP tables, 200 or more public tables, at least 2,500 gambling machines and 850 rooms, though the new capacity may be phased in over 6-12 months.

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