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The Zhitong Finance App learned that Citibank released a research report saying that Golden World Holdings (03918.HK) recently announced key operating indicators for the third quarter of this year. Total gaming revenue fell 43% year on year to US$114.2 million, about 15% lower than the bank's expectations. The bank believes that security concerns such as the Thai-Cambodia border conflict and telecom fraud, as well as external factors such as a reduction in direct flights to Cambodia, are still suppressing demand for NagaWorld gaming.
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The Zhitong Finance App learned that Citibank released a research report saying that Golden World Holdings (03918.HK) recently announced key operating indicators for the third quarter of this year. Total gaming revenue fell 43% year on year to US$114.2 million, about 15% lower than the bank's expectations. The bank believes that security concerns such as the Thai-Cambodia border conflict and telecom fraud, as well as external factors such as a reduction in direct flights to Cambodia, are still suppressing demand for NagaWorld gaming.
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