Logo of Phnom Penh Post newspaper Phnom Penh Post - NagaCorp in final round for Cyprus casino bid

NagaCorp in final round for Cyprus casino bid

NagaCorp in final round for Cyprus casino bid

NagaCorp Ltd, the operator of Phnom Penh’s NagaWorld casino and hotel complex, is in the final bidding stage for the exclusive rights to build and operate a casino in Cyprus, according to gaming news website GGRAsia.

Sources have confirmed that the Cambodian casino operator is one of two remaining bidders for the contract, despite local Cyprus media claiming NagaCorp had yet to secure a plot of land for its potential project.

The winning bidder will receive a 30-year casino licence and have the right to be the country’s exclusive casino operator for 15 of those years.

MOST VIEWED

  • Negotiations on EBA being held

    In an effort to defuse tensions, a senior government official said Cambodia is negotiating with the European Union (EU) on the Everything But Arms (EBA) trade deal, which allows the Kingdom to export goods to the 28-member bloc tariff-free. The EU notified Cambodia on October 5

  • Ministers to tackle sea pollutants

    Preah Sihanouk provincial authorities and members of local communities have collected 77 tonnes of water hyacinth at a Sihanoukville beach, Preah Sihanouk Provincial Hall spokesperson Or Saroeun said. He told The Post yesterday that the aquatic weeds had been floating along some of the province’s

  • Chinese police escort deported scam suspects

    Ninety-one Chinese nationals accused of extorting money from victims in a Voice over Internet Protocol (VoIP) scam were deported from Phnom Penh International Airport on Monday under the escort of 182 Chinese police personnel. General Department of Immigration head of investigations Ouk Hay Seila told reporters

  • Sam Rainsy, government group set to clash at IPU Geneva meet?

    Opposition figure Sam Rainsy has been invited to speak at the General Assembly of the Inter-Parliamentary Union (IPU) in Geneva, according to a former Cambodia National Rescue Party (CNRP) lawmaker. A government delegation is also set to attend the meeting, a National Assembly press release