NagaCorp records mass, premium mass gains in 1Q22

Hong Kong-listed NagaCorp reported a significant increase in mass-market and premium mass gaming revenue in 1Q22, aided by strong domestic travel and the reopening of international borders.

During the three months ended March 31, 2022, the company recorded $109.9 million in gross gaming revenue, down 13.7 percent from the prior-year period.

The company saw strong gains in its mass tables, EGM, and premium mass GGR but was weighted by a significant fall in referral VIP GGR.

The company reported 1Q22 EBITDA of $60.5 million, up 57.4 percent from the prior-year period.

Source: https://agbrief.com/news/cambodia/04/04/2022/nagacorp-records-mass-premium-mass-gains-in-1q22/