NagaCorp forecasts 21.5% gaming revenue decline at NagaWorld
NagaCorp’s forecast revenue declines and share price fall highlight weakening gaming income for investors.
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NagaCorp’s forecast revenue declines and share price fall highlight weakening gaming income for investors.
The revenue decline gives investors a measure of NagaCorp's weaker gaming performance in Cambodia.
Casino operators face potential revenue weakness while customer reinvestment spending and operating costs put pressure on profitability.
The profit decline shows that mass-market growth did not offset VIP weakness for NagaCorp.
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