GGRAsia – NagaWorld shutdown unlikely multi-month: Union Gaming
Brokerage Union Gaming Securities LLC says it does not expect the recent precautionary shutdown of operations at Cambodian casino complex NagaWorld (pictured), due to Covid-19 infections, to be “anything like” the “multi-month closure” of that casino market seen last year. “The quarantine period in Cambodia is two weeks, but we suspect it could take a little longer to reopen out of an abundance of caution,” said a Tuesday note from analyst John DeCree, referring to the Phnom Penh operation of Hong Kong-listed NagaCorp Ltd. The casino group had said in a March 1 filing to the Hon...