Nagaworld: Sitting on Asia's Most Undervalued Gaming Moat, the Stock Is Attractive at HK$7.95
Since opening Naga2, Nagacorp has produced impressive results, much of which is attributable to its enviable position as a monopoly in Phnom...
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NagaCorp: Very High Capex Intensity Another Red Flag After a Corporate Governance Debacle
Nagacorp Ltd (3918 HK), a gaming operator in Cambodia, has a profitable operation despite a niche location. However, we have a big reservation...
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Melco International Development: Liquidity Vs. Rising Debt
We initiate our coverage on Melco International Development Ltd (200 HK) (Melco) and its consolidated subsidiaries with an UNDERWEIGHT...
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China's Tourism-Friendly Policy Toward Cambodia Spurs Nagacorp's Powerful 2017 Performance
While South Korea and Philippines casinos took a hit on China visa restrictions over the last two years, Cambodia's Nagaworld set new records...
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Macau Junkets Deploying Liquidity in Cambodia
Cambodia’s Gaming Boom on Chinese VIPsLarge junket operators are looking beyond Macau to deploy their liquidity, tracking the Chinese business...
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