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An announcement from NagaCorp ( (HK:3918) ) is now available.
NagaCorp reported unaudited gaming operational figures for the first quarter of 2026, showing gross gaming revenue of US$174.7 million, up 2.1% year on year, and net gaming revenue of US$160.0 million, up 7.9%. Performance was driven by strong growth in mass market segments, with public floor table buy-ins rising 15.7% and related GGR up 23.9%, while electronic gaming machine bills-in increased 21.3% and GGR gained 8.4%.
In contrast, the company’s premium and referral VIP segments weakened, with premium VIP rollings dropping 42.2% and GGR down 16.2%, and referral VIP rollings plunging 54.5% alongside a 52.4% fall in GGR. The shift toward higher-margin mass market activity and away from volatile VIP volumes suggests a changing revenue mix that may support earnings resilience, though the figures remain preliminary and unaudited for investors’ reference.
The most recent analyst rating on (HK:3918) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on NagaCorp stock, see the HK:3918 Stock Forecast page.
More about NagaCorp
NagaCorp Ltd. is a gaming and entertainment company operating casino facilities through its group subsidiaries. The group focuses on mass market gaming, including public floor table games and electronic gaming machines, as well as premium and referral VIP segments in its casino operations.
Average Trading Volume: 4,418,263
Technical Sentiment Signal: Sell
Current Market Cap: HK$17.82B
See more data about 3918 stock on TipRanks’ Stock Analysis page.