Jimei cuts junket deal with NagaCorp casino

Mar 31st at 13:48
31-03-2017 13:48:25+07:00

Jimei cuts junket deal with NagaCorp casino

Jimei International Entertainment Group, a Hong Kong-listed casino junket investor, has ended its partnership with the operator of NagaWorld casino in Cambodia, according to the firm’s annual report filed on Wednesday.

Jimei previously inked a deal with NagaCorp Ltd. in May of 2015 to operate no less than seven tables at its NagaWorld Casino and Resort in Phnom Penh.

“This junket arrangement came to an end on January 31, 2017, as a result of the non-renewal of relevant contractual documents,” the filing said, without providing a reason for the decision.

phnompenh post



NEWS SAME CATEGORY

Higher skills for a busy aviation sector

In its first two months of regular operation Cambodia’s first civil aviation training

Hoping to net more sea visits

The growing number of foreign visitors arriving by sea represents a promising source of tourism revenue for Cambodia, though limited port and tourism infrastructure...

Fund to fuel digital startups

Cambodian mobile operator Smart Axiata launched a $5 million venture capital fund yesterday that will seek to identify, fund and nurture local digital services...

Super Duper to branch out

Super Duper, a Western-styled 24-hour supermarket that first launched in early 2015, is planning to open its second branch in June in response to a strong demand...

Café Amazon branching out

Café Amazon, the coffee shop brand of Thai oil giant PTT, has become one of the fastest-growing chains in Cambodia since arriving four years ago, with new outlets...

Keying into a hungry market

Cambodians and expats in the Kingdom’s biggest cities are increasingly finding convenience in using their computers or smartphones to order food and drinks to their...

Alternative to TPP shows no sign of activity: analysts

While Prime Minister Hun Sen has publicly expressed his distaste for the Trans-Pacific Partnership (TPP), which was dealt a critical blow by US President Donald...

International trade swells to $22B

The value of Cambodia’s international trade surged to $22 billion last year on double-digit growth of both imports and exports, according to newly released data...

Level the playing field: PM to World Trade Organization

Prime Minister Hun Sen accused the World Trade Organization (WTO) of operating under a double standard yesterday, claiming the international trade body was applying...

Another taxi firm joins the capital’s crowded ranks

Phnom Penh Automobile Co Ltd became the latest metered taxi operator in the capital after launching operations yesterday with 25 vehicles, aiming to fill what it...


MOST READ


Back To Top