Part V: Regional & Cultural · Asia-Pacific Regional Terms

NagaWorld (Cambodia)

Cambodia — Property/MonopolyREPORTED

NagaWorld is Cambodia’s largest integrated resort and casino, located in Phnom Penh on the banks of the Mekong River. Operated by NagaCorp, a Hong Kong-listed company founded by the late Chen Lip Keong, NagaWorld holds a long-term gaming licence and exclusive rights to casino operations within a 200-kilometre radius of Phnom Penh, with exceptions such as border areas and Sihanoukville. The property consists of three phases (Naga1, Naga2, Naga3) and when fully developed will offer approximately 5,000 hotel rooms, 1,300 gaming tables, and 4,500 electronic gaming machines.

In practice

NagaCorp’s exclusivity is unusually broad for the industry. The death of founder Chen Lip Keong in December 2023 raised questions about the company’s future direction.

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