This strong growth is common in the gaming market, net income rose 33.4 percent in 2015 compared to 2014 257.7 million. This rate is the result of 22 percent growth in its NagaWorld's gaming tables. VIP-level growth from last year's average of 18.5, which grossed $ 222.9 million.
NagaCorp said the increase of tourists to Cambodia to have more visitors to its casino options game more easily lead to further growth in the 2nd half of 2015.
The company said: 'business growth is assumed by stable increase in tourists in the casino and operational efficiency successfully applied to improve convenience for gamers on gaming tables and EGM [electronic gaming machines] .
In July, the company implemented a new option that allows gamers can buy coins at the table in the previous game requires players to buy at the cashier. The company also installed an automated ticketing system on the EGM.
NagaCorp companies continue to push the VIP market with a lot of money gamblers have a lot of money.
Analyst Michael Ting gaming research at CIMB, based in Hong Kong said the company NagaCorp continued growth its current revenue while reducing operating costs carefully.
He said: 'They do well in terms of reducing operating costs in 2015. They have made improved operations and improve the casino to make it more attractive for VIP. this added to boost profit growth.
He expects the company's revenue will continue to increase due to ongoing problems in Macau and the rise air connections to China. In addition, revenue from gambling and gaming revenues not NagaCorp should be increased with the opening add NagaCity Walk its year-end.
The casinos pay tax to the government, up to 365 322 US dollars per month 214 gaming operations and $ 338 per month on a non-profit gambling in 2015. According to its financial report. NagaWorld paid taxes of $ 6.9 million on gross profit of $ 327.8 million last year, the Cambodian government.
Critics blame the government favored by the majority of allegedly under the standard 20% income tax.
Chhay representatives of the National Salvation Party, told the Post last month that the government is protracted legal process management casino and is unlikely to apply corporate tax rate standard. He said: 'They will get a casino rather than comply with a tax structure which is open to corruption. LA
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