Inside Asian Gaming

OCTOBER 2018 INSIDE ASIAN GAMING 45 as of September 2018, with frequent new entrants and closures making that number fluid. All casinos in Cambodia cater only to foreign travelers, as gambling in any form by its citizens was outlawed in 1996. Cambodia’s first casino license was granted to NagaWorld in 1994, which at that time operated a casino boat on the Tonle Sap River in the country’s capital of Phnom Penh. Today, NagaWorld is the country’s largest integrated casino-resort. NagaWorld is comprised of two distinct properties, Naga1 and Naga2. Naga1 contains 797 rooms and suites, 1,660 slot machines and approximately 300 gaming tables. In addition, the facility offers 18 food and beverage outlets, two nightclubs, 1,072 square meters of banquet and meeting space and a spa. In November 2017, the Company opened Naga2, a separate hotel-casino that connects to Naga1 via a newly built underground shopping arcade. Naga2 provides a more upscale gaming, lodging and entertainment experience. It consists of a five-star hotel with 900 hotel rooms, multiple gaming rooms with space for up to 2,500 slot machines and 300 gaming tables, private gaming salons and additional gaming rooms for junket providers. In addition, Naga2 offers a 2,200-seat theater, four restaurants, an 11-station food pavilion, two nightlife venues and multiple entertainment stages. COLUMNISTS Anticipated changes in the regulatory environment coupled with dramatic growth in casino markets throughout the country has caused casino developers to take a closer look at Cambodia. Naga2 in Phnom Penh