NagaCorp has revealed that gaming volume at its Phnom Penh integrated resort, NagaWorld, in August recovered to almost the same levels as before the property’s three-month closure due to COVID-19.
The Hong Kong-listed firm revealed a profit of US$20.6 million during the first six months of 2020, with Adjusted EBITDA of US$88.7 million. NagaWorld closed its doors in April before reopening on 8 July.
Despite ongoing travel restrictions, NagaCorp said its IR has experienced strong recovery through August with average daily VIP roll reaching 98% of pre-closure (1Q20) levels at US$104.0 million. Main gaming floor table buy-ins have reached 90% at US$3.4 million and EGM buy-ins 93% at US$5.1 million.
In full: https://www.asgam.com/index.php/2020/08/28/nagacorp-turns-us20-6-million-net-profit-in-1h20-as-cambodia-business-volumes-show-rapid-recovery/